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Coronavirus impact: Moody#39;s changes outlook on Indian banks to negative

Moody’s Investors Service on April 2 changed the outlook for Indian banking system to negative from stable, as it expects deterioration in banks’ asset quality due to disruption in economic activity

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Mega-merger of PSU banks to be effective from today; 6 banks cease to exist

The biggest-ever consolidation exercise in the public sector banking space is slated to take shape on Wednesday when six PSU lenders will be merged into four in a bid

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The Fed: Fed, seeking ways to improve Treasury market, eases capital rule for big banks

The Federal Reserve, seeking to improve the functioning of a critical market for Treasury securities, announced Wednesday it was relaxing a rule that will free up capital for the biggest

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Banks lead FTSE 100 fall after bowing to pressure to cancel dividends

Banks lead FTSE 100 fall after bowing to pressure to cancel dividends London’s heavily weighted banking sector dragged the market down on Wednesday, as several canceled dividends and suspended buybacks

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RBI says many banks are not extending doorstep services to senior citizens

In a notification, the RBI drew banks’ attention to an advisory issued in 2017 where concerted efforts were asked to be taken to take banking services to those over 70

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Auto companies seek better financing terms from banks for partners, vendors: Report

Automobile majors including Maruti Suzuki India (MSI) and Toyota Kirloskar Motor (TKM) have reportedly approached banks and lending institutions seeking better terms of financing for their partners and vendors. The

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Coronavirus pandemic | India orders banks to remain open during lockdown

India has directed all its banks to remain operational during the three-week coronavirus lockdown as part of essential services

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Coronavirus | Banks may reactivate some inoperative Jan Dhan a/cs to facilitate govt cash transfers

State-run banks are examining the feasibility of reactivating some inoperative Jan Dhan accounts so that these bank accounts can

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D-Street Buzz: Banks under pressure after RBI nod for PSU bank merger; Tata Steel tanks 6%

The Indian stock market continues trading in the red following Asian peers but is off the day’s low. Sensex is

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Will RBI’s move to waive MTM rule for banks prompt MFs to demand same from Sebi?

The Reserve Bank of India (RBI) has announced measures to address concerns over the financial system. This should ease the

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How Do Politics and Central Banks Impact FX Markets?

Impact of Monetary and Fiscal Policy on FX Markets, Key Central Bank Rate Decisions From ECB, BoC and Fed, US

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RBI offers Rs 11,772 crore to banks through repo auction

In the auction, the central bank received Rs 11,772 crore of bids and allocated the entire amount at a cut-off

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Indian banks seek more time over bad loan classification

Indian banks have asked the banking regulator to allow more time before labelling a loan as bad debt, and

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European stocks trade higher after a week of spending by global central banks and governments to combat coronavirus

European stocks rise Friday, as investors appear willing, for now, to put their faith in vast stimulus moves from central

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Europe Markets: European stocks trade higher after a week of spending by global central banks and governments to combat coronavirus

European stocks rose Friday, as investors appeared willing, for now, to

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Asia-Pacific stocks rise as central banks boost support

Asia-Pacific stocks rose as a flurry of support packages from central banks in response to the coronavirus crisis handed markets

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Dow Futures Slide, Dollar Holds Gains As Central Banks Pledge Trillions in Coronavirus Support And Global Recession Looms

The ECB boosted its bond buying firepower to $ 1.2 trillion, while central banks in Asia cuts rates and pledge

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Dow Futures Higher, Dollar Holds Gains As Central Banks Pledge Trillions in Coronavirus Support And Global Recession Looms

The ECB boosted its bond buying firepower to $ 1.2 trillion, while central banks in Asia cuts rates and pledge

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Coronavirus pandemic | Banks discourage people from going to branches

Banks are looking to push higher adoption of digital payments and internet banking among customers as they look to

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