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Business / Live Mint

Moody's places IndusInd Bank's issuer ratings on review for downgrade

It said that the review for downgrade reflects the downside risks to asset quality amid the deteriorating macroenvironment and financial market volatility

3 Apr 2020 9:55 pm
Marico partners with Swiggy and Zomato to deliver cooking oil, oats

On Zomato, Saffola Store is available to some shoppers in the Delhi-NCR area, and Bangalore.Marico says on Swiggy Stores, that is the food ordering platforms grocery delivery service, deliveries have been started in Gurgaon

3 Apr 2020 7:53 pm
Banks ensure smooth withdrawals under the Garib Kalyan scheme on Day 1

A banker from Central bank of India said that queues were not that long, thanks to the staggered disbursal of loans.Bankers said that two things worked in their favour and helped lessen the load at branches at a time when the direct benefit transfers (DBT) have started flowing in

3 Apr 2020 7:28 pm
Covid-19 lockdown on storage vaults presents problems for gold ETFs

Physical market participants also noted the effect of coronavirus-related restrictions on gold trading

31 Mar 2020 10:12 pm
Sharp cut in interest rates on small savings schemes like PPF, NSC and SSCS

Rates of these schemes have been slashed by between 70 bps and 140 bps for the April-June quarter.Those who depend primarily on the income from these fixed instruments, may need to revisit their portfolio

31 Mar 2020 9:44 pm