Browsing Tag
banks
Sebi: Sebi moves to spread collaterals across banks to reduce concentration risk
Mumbai: The Indian capital market regulator is exploring possible measures so that the clearing and settlement system for stock market trades is not over-exposed to a handful of banks.…
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Banks: Banks ask for more time on rating rule, fear capital impact
Mumbai: Fearing a spate of loan downgrades and their impact on capital, banks have asked the Reserve Bank of India (RBI) to defer the new, contentious credit rating rule by a year.
The…
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NARCL: NARCL declines to match Phoenix ARC’s bid for Mittal Corp
Mumbai: The National Asset Reconstruction Co (NARCL) has declined to match Phoenix ARC's ₹405 crore bid for the bankrupt steel maker Mittal Corp, clearing the way for the Bank-backed…
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Sensex: Samvat 2079 begins on a bullish note, Sensex surges over 500 points
Mumbai: India's two broadest equity gauges advanced about 1% each Monday to their highest levels in more than a month during the special 60-minute Muhurat trading session, marking a…
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Haitong Securities: Canara, Indian Bank get Haitong Sec’s ‘Outperform’
Mumbai: Haitong Securities has initiated coverage on state-owned lenders Canara Bank and Indian Bank with 'outperform' ratings. The brokerage said among public sector banks, remains…
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DAKSH App: RBI launches DAKSH application to advance supervisory process
The Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday launched a new 'SupTech' initiative called DAKSH. This application will be the bank's advanced supervisory…
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rupee: RBI mulls steps to arrest rupee slide
Mumbai: The Reserve Bank of India (RBI) is said to be contemplating several bespoke measures, such as opening a special window for oil importers and reducing hedging costs for…
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NARCL: NARCL offers Rs 3,500 cr to take over Jaypee Infrastructure debt
Mumbai: The state-backed National Asset Reconstruction Company Ltd (NARCL) has offered ₹3,500 crore to take over the debt of Jaypee Infrastructure in what is the largest account for…
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banks: Fin Min asks banks to sell at least 3 accounts to NARCL by Oct-end
Mumbai: Finance ministry has directed banks to sell at least three accounts - Rainbow Papers, Mittal Corp, and Company by October end - to the government-promoted bad bank - National…
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