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Business / Business Standard

Banks to be cautious in lending despite gold loan LTV relaxation: Report

Last week, the Reserve Bank of India had increased the permissible LTV ratio for loans against pledge of gold ornaments and jewellery for non-agricultural purposes from 75 per cent to 90 per cent

12 Aug 2020 10:43 pm
RBI asks UCBs to implement system-based asset classification from June 2021

The UCBs having total assets of over Rs 2,000 crore as on March 31, 2020, will be required to implement the system-based asset classification from June 30, 2021, an RBI circular said

12 Aug 2020 10:24 pm
HNIs, family offices buy corporate bonds at high yields, reap benefits

The yields of some prominent companies are still at very high levels and high net-worth individuals and family offices, who are lapping up these bonds at very attractive rates, are reaping the benefit

12 Aug 2020 8:11 pm
Deutsche Bank infuses Rs 2,700 cr into India operations for expansion

This is the second time in less than two years that the bank has infused money into local operations consisting of 17 branches, after the Rs 3,800 crore investment in early 2019

12 Aug 2020 3:24 pm
India's weak fuel demand drags on as coronavirus crisis worsens

Sales of gasoline, or petrol, fell by 10.3% from a year earlier to 2.26 million tonnes, and were down 0.8% from 2.28 million tonnes in June

12 Aug 2020 9:26 am
Market Ahead, Aug 12: All you need to know before the opening bell

A total of 137 companies, including Aurobindo Pharma, Ashok Leyland, and Tata Power are scheduled to announce their June quarter results today

12 Aug 2020 7:30 am
Adani Ports & SEZ to raise up to Rs 3,000 cr via NCDs in multiple tranches

The company said its board has also given its consent for exploring and evaluating the proposal to create a platform, which will hold rail infra assets and investments in rail entities

11 Aug 2020 9:58 pm
Restructuring likely to be at 5-8% of banks loan book under new norms: ICRA

Last week, the RBI allowed banks to go for a one-time restructuring of corporate and personal loans that are under stress due the Covid-19 pandemic

11 Aug 2020 9:20 pm
Madhavan Aravamuthan appointed new chairman of Fairfax-backed CSB Bank

His skill set includes a deep knowledge of IT systems, payment and settlement systems, offsite surveillance of banks, etc

10 Aug 2020 10:31 pm
Debt recast to give relief to Rs 3 trn retail, small corp debt: Crisil

Agency says RBI move on restructuring will help soften Covid-19 impact on banks' asset quality. Without this, gross NPAs could have touched a two-decade high of 11.5% by March 2021

10 Aug 2020 7:43 pm
RBI's curb on current account use may hit private banks in the short term

Move can also bring a huge change in the way business is done in India, where firms use multiple current accounts, often for even individual projects, making them difficult to monitor

10 Aug 2020 7:39 pm
Bankers may demand change in loan recast scheme for stressed borrowers

Call for closer look at borrowers who delay repayment up to eleventh hour just to avoid NPA tag

10 Aug 2020 5:47 pm
Rs 10,000 crore Fund of Funds scheme to help MSMEs with growth: SBI chief

The objective of the Rs 10,000 crore Fund of Funds scheme is to help MSMEs with growth potential at a time when they are facing severe shortage of equity and low revenues

10 Aug 2020 4:25 pm
Market Ahead, Aug 10: Top factors that could guide markets this week

Among major earnings to be announced this week are Titan, Aurobindo Pharma, Bank of Baroda, BPCL, Hero MotoCorp, and MRF

10 Aug 2020 7:22 am