Mumbai (Bombay)
RBI Governor Shaktikanta Das.
20 Jul 2019 10:55 AM

At the June policy announcement, Das had said banks had passed on only 21 bps of the 50 bps rate cuts.

The profit in June 2019 quarter has increased more than 43 times, according to a regulatory filing.
20 Jul 2019 10:02 AM

The company has reported the highest ever quarterly profit after tax in the latest June quarter.

In the previous reporting week, the reserves had surged by USD 2.236 billion to scale a new life-time high of USD 429.911 billion. (Photo: PTI)
20 Jul 2019 9:46 AM

The country's reserve position with the fund also declined by USD 1.5 million to USD 3.345 billion.

The rupee finally closed at 68.80, up 17 paise over its previous close on Friday.
19 Jul 2019 7:16 PM

Forex traders said rupee along with most Asian currencies strengthened following dovish comments from New York Fed officials.

During the week, the Sensex declined by 399.22 points or 1.03 per cent, while the Nifty shed 133.25 points or 1.15 per cent.
19 Jul 2019 6:00 PM

Led by a sell-off in auto and banking stocks, the 30-share Sensex cracked 560.45 points or 1.44 pc to settle at 38,337.01.

The broader Nifty was also quoting 177.65 points or 1.53 per cent down at 11,419.25.
19 Jul 2019 4:15 PM

The benchmark BSE Sensex surrendered all gains to end at 560.041 points or 1.44 per cent lower at 38,337.01.

SFBs were basically made to cater to areas which were not served or underserved by the banking sector. (Representational Image)
19 Jul 2019 1:52 PM

SFBs are giving interest rate up to nine per cent on their regular FDs and offering 9.5 per cent in case of senior citizen FDs.

Foreign fund outflows and cautious opening in domestic equities weighed on the local unit. (Photo: PTI)
19 Jul 2019 10:22 AM

Rupee opened strong at 68.78 at the interbank forex market then gained further ground to touch 68.74 per dollar.

The broader Nifty was also quoting 66.75 points or 0.58 per cent down at 11,530.15.
19 Jul 2019 10:17 AM

The 30-share index opened over 150 points tracking rally global equities, but surrendered all gains to trade 201.04 points lower.

The list of financial creditors, whose claims have been admitted include 14 domestic banks and financial institutions, 12 foreign banks and eight lessors.
19 Jul 2019 9:42 AM

After 4 rounds of hearing, NCLT has asked the RP to file periodic reports on the development in the resolution process.

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