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Goa banks, co-operative agencies to keep branches open: Official

Panaji, April 2 (IANS) The Goa government on Thursday directed banks, co-operative societies and co-operative credit societies to keep their branches open, in order to mitigate the rush expected in...

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Children in UP come forward with piggy banks to fight corona

Lucknow, April 3 (IANS) Children in Uttar Pradesh, obviously inspired by the campaign against Coronavirus, are now taking their piggy banks to the nearest police stations to make their contribution to...

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Crowds at UP banks as lockdown extension appears possible

Lucknow, April 8 (IANS) With newspapers and television channels announcing the possibility of the national lockdown being extended, people, on Wednesday, started rushing to the banks that witnessed...

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Support industry via banks, CII recommends to Centre

New Delhi, April 8 (IANS) Industry body CII has recommended to the Centre for providing a fiscal support package, for FY21, limited to 2 per cent of the GDP and to support enterprises through banks....

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Yes Bank’s rescue shows weakness in govt support for pvt banks: Moody’s

Mumbai, April 14 (IANS) Handling of the Yes Bank crisis and its rescue process brings to light the weaknesses in the government’s support for the distressed private sector banks, according to a report...

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US Fed official urges large banks to raise capital

Washington, April 17 (IANS) A senior US Federal Reserve official has urged large banks to raise capital to help economy weather the COVID-19 pandemic. “Large banks are eager to be part of the solution...

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Banks not to pay further dividend from FY20 profits

New Delhi, April 17 (IANS) Banks will not be required to pay any further dividend from their profits from financial year 2019-20 as the Reserve Bank of India wants these financial institutions to...

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RBI’s NPA relief for banks comes with requirement for more provisioning

Mumbai, April 17 (IANS) In a bid to curb bad loans and maintain capital adequacy of banks, the Reserve Bank of India has said that banks will have to maintain a higher provision of 10 per cent of all...

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Lockdown diaries: Alia Bhatt banks on virtual workouts to keep the spirit up

Mumbai, April 18 (IANS) Bollywood actress Alia Bhatt has shared a gorgeous workout selfie of herself, saying that she is relying on “those endorphins” to keep her spirit up during the ongoing...

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Aus PM calls on banks to step up amid COVID-19 crisis

Canberra, April 24 (IANS) Australian Prime Minister Scott Morrison on Friday slammed the country’s banks for failing to provide loans to struggling businesses amid the coronavirus pandemic, declaring...

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