Category: Banking

adminMay 25, 2021
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3min00
By Anjana Das, New Delhi : IDBI Bank has sounded out its new owner LIC seeking another tranche of up to Rs 12,000 crore to meet its huge provisioning requirements amid mounting losses. The fresh support is required to cover for non-performing assets (NPAs) in the January-March quarter. Life Insurance Corporation of India (LIC) completed […]

adminMay 25, 2021
RBI.jpg

5min00
Mumbai : The Reserve Bank of India is widely expected to keep its key lending rate for commercial banks unchanged at 6.5 per cent for the third time in succession when it makes the fiscal’s final bimonthly monetary policy review announcement on Thursday, but could change its stance from ‘calibrated tightening’ to ‘neutral’. The RBI’s […]

adminMay 25, 2021
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5min00
By Rohit Vaid, Mumbai : The upcoming quarterly results season, along with the release of macro-economic industrial production data and global developments on trade protectionist measures, are expected to determine the trajectory of key equity indices next week. Market observers opined that other global cues such as crude oil prices, combined with the direction of […]


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