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BANKING, BUSINESS, Corporate, Finance, HOME, INDUSTRY, Investment, NATION, Research & Analysis, STATE May 23, 2020

Canara Bank Releases Emergency Credit Facilities for MSMEs in the Midst of COVID-19

Bank has taken an initiative in disbursing the loans to all eligible existing customers at a faster pace and hassle-free BENGALURU, MAY 23, 2020 (GPN): In order to meet the temporary liquidity mismatch arising out of COVID-19…


BANKING, BUSINESS, Corporate, Finance, HOME, INDUSTRY, Investment, NATION, Research & Analysis, STATE May 23, 2020

IDFC FIRST Bank Q4 FY20 Profit after Tax at Rs. 72 crores

Strong growth in CASA deposits in Q4 20 Retail contributes 61% of Total Funded Book MUMBAI, MAY 23, 2020 (GPN): Financial results at a glance The Board of Directors of IDFC FIRST Bank, the bank created…


BANKING, BUSINESS, Corporate, Finance, GOI / POLITICS/ CURRENT AFFAIRS/ BREAKING NEWS, HOME, INDUSTRY, Investment, NATION, Research & Analysis, STATE May 22, 2020

RBI Governor Shaktikanta Das cuts repo rates: Makes Loans Cheaper, Banks all set to drop FD rates

NEW DELHI, 22 MAY, 2020 (GPN) : In his third such address since the coronavirus-induced lockdown began on March 25, Reserve Bank of India (RBI) Governor Shaktikanta Das today cut the repo rate by 40 basis…


BUSINESS, Corporate, Finance, HOME, INDUSTRY, Investment, NATION, Research & Analysis, STATE May 22, 2020

Mr Rajan Wadhera, President, SIAM perspective on announcements made by RBI Governor, Mr Shaktikanta Das today

MUMBAI, 22 MAY, 2020 (GPN): Mr Rajan Wadhera, President, SIAM, welcomed the 40 bps reduction in repo rate. He stated that “40 bps reduction in repo rate, which takes the repo rate to 4%, is a…


BUSINESS, Corporate, HOME, INDUSTRY, NATION, STATE May 22, 2020

Comment of Dr. Rajeev Singh, Director General, Indian Chamber of Commerce (ICC) on RBI’s announcements

ICC welcomes Rate Cut MUMBAI, 22 MAY, 2020 (GPN): Dr. Rajeev Singh, Director General, Indian Chamber of Commerce (ICC) shares his perspective on RBI’s announcements: Reserve Bank of India advanced its scheduled monetary policy meet a second…


BUSINESS, Corporate, HOME, INDUSTRY, Mobile & Telecom, NATION, NEW PRODUCT LAUNCH, STATE May 22, 2020

Huawei Freebuds 3, the World’s Only Open Fit Active Noise Cancellation Earbuds are now available on Amazon

–         Huawei Freebuds 3 are now available for purchase in India exclusively on Amazon from today –        Kirin A1 Chip powered Huawei Freebuds 3 are the worlds’ only open fit active noise cancellation earbuds. –        Customers will get…


BUSINESS, Corporate, Finance, HOME, INDUSTRY, Investment, NATION, REAL ESTATE, Research & Analysis, STATE May 22, 2020

Quote by Mr. Anuj Khetan – Director, Vijay Khetan Group on RBI announcement about reduced Repo Rate

MUMBAI, 22 MAY, 2020 (GPN): Mr. Anuj Khetan – Director, Vijay Khetan Group shares his perspective on today’s RBI announcement: “RBI has played its part but banks need to do theirs by transmitting the rate cuts to the…


BUSINESS, Corporate, Finance, HOME, INDUSTRY, Investment, NATION, Research & Analysis, STATE May 22, 2020

Lending rates for MSMEs should decline post RBI measures

MSME borrowers continue to pay more than 8% interest rate, which is double the RBI policy rate MUMBAI, 22 MAY, 2020 (GPN): MVIRDC World Trade Center Mumbai welcomes the timely actions taken by Reserve Bank…


BUSINESS, Corporate, Finance, HOME, INDUSTRY, Investment, NATION, Research & Analysis, STATE May 22, 2020

Edelweiss Mutual Fund to launch second tranche of ‘BHARAT Bond ETF’

Edelweiss Asset Management announces launch of the second tranche of BHARAT Bond ETF in July, with two new series, after the successful launch of the initial series of ETFs in December 2019. Highlights:  Two new…


BUSINESS, Corporate, Finance, Investment, Research & Analysis May 22, 2020

EDII and IIM Ranchi Join Hands to Provide an Entrepreneurial Direction to the Pillars of Tomorrow

MUMBAI, May 22, 2020 (GPN): Entrepreneurship Development Institute of India (EDII), Ahmedabad an acclaimed International Resource Centre in entrepreneurship education, training, research and institution building, and Indian Institute of Management-Ranchi have joined hands to orient…


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