Earlier, the Business Correspondent Federation of India (BCFI) had said that while the BCs were offering services of cash withdrawal, very few are depositing money in the wake of the current lockdown.

The bank saw the fallout of the lockdown in the second half of March, with loan origination and cross-selling of other products slowing down, the management said.

In a recent report, global ratings agency Standard & Poor's had said Kotak Mahnidra Bank can weather the challenges that will be posed by the infections and affirmed its rating on the lender.

It said sectors with higher leverage, such as power, telecom, roads, textiles and fertilisers, will be the major beneficiaries and account for nearly 47 per cent of the total breather available.

The bank’s advances grew 15% y-o-y to Rs 5,71,424 crore as on March 31, with retail loans up 24% y-o-y to Rs 3.05 lakh crore, accounting for 53% of the net advances.

According to sources, the RBI has conveyed to banks that there is no restriction for them to provide moratorium to NBFCs.

The government can issue recapitalisation bonds, or the Reserve Bank of India's (RBI) huge reserves of over USD 127 can also be dipped into to help the state-run banks' recapitalisation needs, it said.

Analysts say that some of these accounts availing moratorium could very well have turned defaulters in the ordinary course of business, but the moratorium delays recognition by a few months.

ISRO is already working on a Humanoid prototype (with a female form)for the Gaganyaan missions, which is expected to be sent out on a mission next year to test it out before actually sending humans in space.

"Green Citizen Awards" will also be instituted to encourage citizens to contribute to environment protection and preservation work, Deputy Chief Minister Manish Sisodia said while presenting the budget in Delhi Assembly.

In the insurance there is compulsory PA coverage for driver as well as owner. If the owner fall from a pickup van vehicle an get injure due to rash riving of its driver will owner claim insurance compensation.

Formula E uses electric vehicles and hence these lithium-ion batteries go through the perfect endurance tests, with learnings percolating to road-legal vehicles in future.

As directed by the Hon’ble Chairman, Central Administrative Tribunal, New Delhi, the following Notification is issued:The functioning of the Principal Bench of the Central Administrative Tribunal and its other Benches across the Country was sus

Join us on June 12 as we take an in-depth look at video marketing strategy

In the rapidly-growing video marketing space, it's essential to stay ahead of emerging trends

The Railways has ordered a comprehensive probe into the Aurangabad accident in which 16 migrants workers who were sleeping on the tracks were run over by a goods train early on Friday morning. They...

A 23-year-old woman allegedly committed suicide at AIIMS in Delhi after her mother died of cancer at the hospital, police said today.

A survivor of the Aurangabad train tragedy says that the disturbing images of the death of his companions in front of his eyes were haunting him and left him with the mental trauma that he will never...

An MLA of Delhi's ruling Aam Aadmi Party (AAP) named by a doctor who committed suicide last month has been arrested. The AAP MLA Prakash Jarwal had applied for protection from arrest after a police...

BR 1-065 ON PARKSIDE BOULEVARD OVER PERKINS RUN

SILVERSIDE ROAD ADA IMPROVEMENTS, VEALE ROAD TO WINDYBUSH DR

Novalead’s technology has a track record of successfully discovering repurposed drug candidates with its lead drug candidate currently being in Phase 3 trials in India, for diabetic foot ulcers.

There are sectors that have benefited immensely on account of Covid-19-induced work-from-home compulsion. Some, like healthcare providers, pharmaceuticals and medical equipment start-ups have seen a direct bump in their revenues.

La Trobe was amongst first Australian universities to 'pause' teaching activities to ensure right decisions were made on how to deliver quality education.

The total balance sheet size as on March 31, 2020 was Rs 25,303 crore, up 25.6% from Rs 20,146 crore on March 31, 2019.

While senior-vice presidents and above would have 20% of their pay slashed, vice-presidents and cockpit crew would take a 15% cut.

Since renewable energy is unpredictable in nature, other sources of energy are required for balancing it, increasing the actual cost of such power, dissuading state-run power distribution companies from buying such electricity.

Current relaxations, prospective exemptions, and time taken to restore normalcy may depress tax collections. An increase in the tax rate of certain goods can compensate for losses.

The Ministry of Health and Family Welfare has come up with some revised guidelines for discharging patients from healthcare facilities.

The nationwide lockdown suspended the operation of international flights and such people were had to prolong their stay in India. They were concerned that the extra stay due to lockdown may make them a resident of India for tax purposes under section 6 of the Act.

Google Duo group video calling for web will arrive in the coming weeks starting as a preview on Chrome.

Following the gas leak incident, the National Green Tribunal ordered LG Polymers India to pay interim damages of Rs 50 crore and issued notices to the company, Central Pollution Control Board (CPCB), state and Centre.

The firm said a special task force has been set up to help victims and families to resolve any issues and provide every assistance to the bereaved families.

The evaluation of the answer sheets has been delayed due to a nationwide lockdown imposed to contain the coronavirus outbreak.

The campaign applauds mothers for their unwavering energy at all hours of the day

In part 1 of this 3-part blog series, we’ll delve into Cyber Incident Response Planning and how to address and manage the repercussions of a cyberattack or incident.

Canada has opened Service centers across the country for taking biometrics related to foreign nationals who apply to stay in it.A New Approach for EfficiencyBefore December 3rd, such immigration candidates, who were applying away from Canada, needed…

il prices slid and world equity markets see sawed Wednesday as investor hopes for a pickup in business activity were weighed against downbeat economic data and low fuel demand highlighted by a rise in U.S. crude stockpiles to three-year highs.

Nagpur Police won hearts with a heartwarming gesture when cops stepped up to play the role of the bride's family on her wedding day.

An investigation has been launched in Idaho after a video of a woman 'boxing' a dog went viral online, sparking outrage among viewers.

A bridge in China was temporarily closed to public after it was filmed swaying up and down because of strong winds.

Mumbai Police drew inspiration from a topic that has been trending all over social media - the name of Elon Musk's newborn baby boy - to devise a brainteaser with an important message.

1. 'Over 30,000 people will show up outside Anfield' if PL resumes without neutral stadiums, warns McAteer  Goal India
2. Premier League: What happens to the players on loan?  NewsBytes
3. Watford chief says at least 6 teams opposed to Premier League neutral grounds plan  Top Live News
4. Premier League Does Not Yet Have 'Green Light', UK Minister Warns  News18
5. Five best full-backs in Premier League history  NewsBytes
6. View Full coverage on Google News

SOCH - Global Social Change Contest for inspiring short films, videos

Reserve Bank revises Guidelines on Mortgage Guarantee Companies (MGCs)

Reserve Bank of India revises guidelines on Basel III capital regulations

Urgent need to provide better salaries in public sector banks, says SBI Chairperson

RBI issues guidelines for entry of Banks into Insurance Business

YouTube Video on Insensitive Behaviour Of Air India Staff Goes Viral

RBI revises Priority Sector Lending Guidelines for Banks