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India's coronavirus tally: 724 cases, 17 deaths, 66 cured

The Reserve Bank of India on Friday announced its steepest interest rate cut in more than 11 years in a bid to counter the economic fallout of the COVID-19 pandemic, as the government stepped up......

MHA issues fresh guidelines on lockdown exemption

The home ministry on Wednesday issued fresh guidelines covering additional people and services who will be exempted from the 21-day lockdown announced by Prime Minister Narendra Modi. IMAGE: A man......

Sonia pitches for relief package amid COVID outbreak

Congress president Sonia Gandhi urged people on Saturday not to panic in view of the coronavirus outbreak and said the country will not bow down to this painful crisis. She suggested a host of......

Concern over Lord Jagannath's Rs 545 cr in Yes Bank

Devotees of Lord Jagannath and priests at the centuries-old temple in Puri are worried following Reserve Bank of India restrictions on Yes Bank where Rs 545 crore is deposited in the......

Yes Bank crisis: Rahul slams PM for destroying economy

"No Yes Bank," Congress leader Rahul Gandhi said on Friday, taking a dig at the Bharatiya Janata Party-led government over the moratorium placed on Yes Bank, and alleged that Prime Minister......

'Can government play with people's money?'

'...Rs 137 lakh crores of people's money?''It is not the government's money, it is people's money.' IMAGE: Allahabad Bank which ceased to exist on April 1, 2020. The bank has been merged with......

RBI issues more sops to contain coronavirus fallout

The RBI on Wednesday provided more time to exporters to collect payment of goods and software sold to overseas buyers and repatriate that to India, as the central bank announced more measures to......

The financial world is a dangerous place

Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be......

Banks turn a deaf ear to RBI diktat staying EMIs for 3 months

With many getting payment reminders, confusion prevails among borrowers, term-plan investors and credit cardholders over the implementation of the three-month moratorium on all loan repayments amid......

'Nationalise all private banks!'

'One by one we are seeing these private banks taking people's money and mismanaging it.''In the last 30 years, 30 private banks have collapsed.''Nationalise all banks so that people's money is......

Footballers could face mass layoffs over coronavirus

IMAGE: An employee from Istanbul Municipality disinfects the players bench inside TurkTelecom Stadium to prevent the spread of the COVID-19. Photograph: Chris McGrath/Getty Images Football is......

'Kohli never crosses line between aggression and misbehaviour'

'There is a thin line between aggression and battamizi (misbehaviour). He never crosses that line' IMAGE: Captains Virat Kohli and Kane Williamson embrace at the conclusion of the first......

'You need to be really courageous while bowling to Kohli'

'Virat is a batsman you need to constantly attack or else he puts the pressure back on you.' IMAGE: India captain Virat Kohli has, in the past, been dismissed a number of times by leg-spinners.......

Sodhi, Tickner, reinforce New Zealand after illness strikes bowlers

IMAGE: New Zealand’s Ish Sodhi. Photograph: Ish Sodhi/Twitter Legspinner Ish Sodhi and pace bowler Blair Tickner have been called back into New Zealand's one-day squad for their final clash......
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Operating metrics strong, says RBL

The bank said it has not been compelled to tap the Reserve Bank of India’s emergency marginal standing facility and that its well capitalised... ...

https://economictimes.indiatimes.com/markets/stocks/news/operating-metrics-strong-says-rbl/articleshow/74941536.cms
'Can government play with people's money?'

'...Rs 137 lakh crores of people's money?''It is not the government's money, it is people's money.' IMAGE: Allahabad Bank which ceased to exist on... ...

http://www.rediff.com/money/interview/can-government-play-with-peoples-money/20200402.htm
Hospitals flag fall in blood bank reserves

Blood banks across the country have reported a sharp fall in voluntary and replacement donations after the 21-day nationwide lockdown was announced... ...

https://economictimes.indiatimes.com/news/politics-and-nation/hospitals-flag-fall-in-blood-bank-reserves/articleshow/74937554.cms
Despite moratorium, some lenders ask for March EMIs

Some lenders appear to be flouting the Reserve Bank of India's (RBI) directive to banks to offer moratorium to borrowers on repayment of loans for... ...

https://economictimes.indiatimes.com/news/economy/finance/despite-moratorium-some-lenders-ask-for-march-emis/articleshow/74940776.cms
RBI rejects lenders' call for asset classification pause

The Reserve Bank of India (RBI) has rejected requests for standstill in asset classification from banks, dashing the hopes of lenders as well as... ...

https://economictimes.indiatimes.com/industry/banking/finance/rbi-rejects-lenders-call-for-asset-classification-pause/articleshow/74940901.cms

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