User: anushyab Topic: Urban Economic Growth Development
Category: Banking
Last updated: Apr 03 2020 21:27 IST RSS 2.0
 
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Indian bank shares tank after credit rating agency Moody’s changes outlook from stable to negative 3.4.2020 Scroll.in
The Sensex closed down 2.39% lower at 27,590.95 and the broader National Stock Exchange Nifty 50 fell 2.06% at 8,083.80.
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How COVID-19 could change India's political economy 3.4.2020 Rediff: Business
'While the poor have little say in shaping India's intellectual or public discourse, they do have a significant role in deciding political outcomes,' points out Roshan Kishore.
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Factbox: Global economic policy response to coronavirus crisis 1.4.2020 Reuters: Money News
Governments and central banks around the world have unleashed unprecedented fiscal and monetary stimulus and other support for economies floored by the coronavirus pandemic.
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India orders banks to remain open during lockdown 30.3.2020 Reuters: Top News
India has directed all its banks to remain operational during the three-week coronavirus lockdown as part of essential services and to ensure welfare cash schemes that are part of a $22.6 billion government stimulus reach the poor.
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149 New Cases In 24 Hours, COVID-19 Count Crosses 800-Mark: 10 Points 28.3.2020 NDTV News - India-news
India saw the highest jump in coronavirus or COVID-19 cases in the last 24 hours with 149 patients testing positive for the highly contagious illness in different parts of the country. The total is...
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Coronavirus: US announces $2.9-million aid for India as toll reaches 19 28.3.2020 Scroll.in
The Union health ministry on Saturday morning confirmed a total of 834 cases, including 66 recoveries.
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Opinion: The Good And Ugly Of The Government's Economic Package 27.3.2020 NDTV News - Latest
When Prime Minister Narendra Modi first addressed the nation on March 19, he told us that a task force would be set up to deal with the economic effects of the coronavirus pandemic. It then took the...
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Coronavirus Live Updates: Nearly 700 Infected In India, 16 Dead 27.3.2020 NDTV News - Latest
Nearly 700 people have tested positive for the coronavirus infection across the country, with 88 people cases being reported yesterday. The total is now 694 -- including 47 foreigners, 42 people who...
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India outlines $22.6 billion economic stimulus to help poor hit by lockdown 26.3.2020 Reuters: Top News
India on Thursday announced a 1.7 trillion rupee ($22.6 billion) economic stimulus plan that will be released through direct cash transfers and food security measures aimed at giving relief to millions of poor hit by the nationwide lockdown in the country.
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Exclusive: India's banks plan to close most branches during lockdown - sources 26.3.2020 Reuters: Top News
India's central bank and major lenders are working on a plan to close most branches during the country's lockdown, aiming to prevent tens of thousands of employees from becoming infected with the coronavirus, four sources familiar with the matter told Reuters.
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Exclusive: India's banks consider closing most branches during lockdown - sources 26.3.2020 Reuters: Top News
India's central bank and major lenders are working on a plan to close most branches during the country's lockdown, aiming to prevent tens of thousands of employees from becoming infected with the coronavirus, four sources familiar with the matter told Reuters.
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India outlines $23-billion economic stimulus to help poor hit by lockdown 26.3.2020 Reuters: Top News
India announced on Thursday a 1.7-trillion-rupee ($22.6-billion) economic stimulus plan providing direct cash transfers and food security measures to give relief to millions of poor people hit by a nationwide lockdown over a coronavirus pandemic.
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Coronavirus impact: CII urges PM for fiscal stimulus of ₹2 lakh cr. for needy people 21.3.2020 Hindu: Health
Suggests RBI to consider relaxing the NPA recognition norms from 90 days to 180 days till September 30, 2020.
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RBI sets contingency plan in motion 20.3.2020 Hindu: Health
Aim is to protect financial markets
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Indian banks seek more time over bad loan classification 20.3.2020 Reuters: Money News
Indian banks have asked the banking regulator to allow more time before labelling a loan as bad debt, and they sought longer deadlines to meet certain capital standards as the coronavirus pandemic derails businesses, sparking concern over the financial health of ...
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Indian banks shelve fundraising as coronavirus derails markets 18.3.2020 Reuters: Money News
Two state-owned Indian banks that were aiming to raise funds to meet growth targets and build up capital for regulatory requirements have shelved their plans due to the disruption to markets caused by the coronavirus pandemic, sources ...
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"Virus Doesn't Discriminate, Need Lockdown": 51 Entrepreneurs' Note To PM 18.3.2020 NDTV News - Latest
A group of venture capitalists and start-ups have appealed to PM Modi to take decisive action and "impose strict lock-downs and impose Section 144 (to ban large gatherings) across key cities this...
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RBI asks banks, FIs to gauge impact of coronavirus 16.3.2020 Rediff: Business
The Reserve Bank on Monday asked all banks and financial institutions to assess the impact on their balance sheet, asset quality, liquidity, among others, in the wake of the potential threat arising out of the spread of coronavirus disease in India. Several confirmed cases have also been detected in India, which highlight the need of a co-ordinated strategy for handling the emerging situations to protect the resilience of the Indian financial system, RBI said in a notification addressed to banks, urban cooperative banks, NBFCs, payment and small finance banks.
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Moratorium on Yes Bank to be lifted on March 18 14.3.2020 The Assam Tribune
Moratorium on Yes Bank to be lifted on March 18
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Govt, RBI closely monitoring markets: Finance Minister 14.3.2020 The Assam Tribune
Govt, RBI closely monitoring markets: Finance Minister
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