The new provisioning requirement has to be made for the March and June 2020 quarters and this will impact their profitability in 2019-20 and 2020-21.

Digital transactions have gained new heights in the month of March as India announced a lockdown due to coronavirus. The total value of Real Time Gross Settlement (RTGS) transactions also witnessed a spike.

Loan waiver schemes for agricultural loans introduced by some of the state governments may also help reduce stress to some extent.

NBFCs have been asking for a bail-out in the form of a government credit guarantee or a TARP –like structure.

The meeting will take stock of implementation of several steps announced by the RBI, including moderation in interest rate and its transmission, as well as liquidity infusion measures to support the industry.

The government can issue recapitalisation bonds, or the RBI's huge reserves of over USD 127 can also be dipped into to help the state-owned bank's recapitalisation needs, it said.

Kapoor, former MD and CEO of Yes Bank, was arrested by the ED on March 8 under the Prevention of Money Laundering Act (PMLA). He is accused of sanctioning loans to certain firms against kickbacks.

State-owned Indian Overseas Bank and Bank of Maharashtra on Wednesday announced a reduction in their marginal cost of funds based lending rate (MCLR). "Our Bank has revised the MCLR w.e.f 10.05.2020 until further review," Indian Overseas Bank said in a regulatory filing. The Chennai-headquartered lender said the MCLR for the benchmark one-year tenor loan has […]

Banks are flush with liquidity, but they also have to look after the interest of depositors.

If sources are to be believed, the Golden Chariot, a luxury train operating in South Indian states of Karnataka and Tamil Nadu, will soon revamp its itinerary to include destination in Andhra Pradesh. This move is meant to promote tourism in Andhra Pradesh as well as to make the train more...

In a preliminary analysis, NASA researchers compared NO2 values detected by OMI in 2020 with the average amounts detected at this time of year from 2005-2019.

The famous scientist, who battled amyotrophic lateral sclerosis (ALS), a motor neurone disease for over 50 years, passed away at the age of 76 on March 14, 2018.

The report on World Water Day 2020 explains that in order to tackle climate change, a lot of marginalised communities need clean water and decent toilets as a front line defense.

More than a thousand face shields have been dispatched for the doctors and healthcare staff of AIIMS Rishikesh.

Seismic noise is a relatively persistent vibration of the ground that is usually an unwanted component of signals recorded by seismometers, according to the scientists.

A test run in December was ended early when the spacecraft failed to engage its thrusters on time.

Explaining the difference between a normal Full Moon and a Supermoon, Brown told The Guardian that the Supermoon is just closer to the Earth than the usual Full Moon.

PM Modi also said let us pledge to work towards a cleaner, healthier and a more prosperous planet.

People can be drivers of drastic, aggressive, and effective solutions. The ongoing COVID-19 pandemic crisis is a great example of how people around the world can join forces to fight a disaster together.

The experimental spaceship was launched without crew by China's new large carrier rocket Long March-5B from the Wenchang Space Launch Centre in Hainan on Tuesday.

The spacecraft entered the return orbit at 12:21 pm after which its return capsule separated with its service capsule at 1:33 pm.

Hello Lawyers... My mother did filed a civil suit for claim of ancestral property against my maternal grandfather in the year 2014 (SUIT FOR DECLARATION) only. But the Lawyer was not able to prove the case and the suit was dismissed for the reason that " Ancestral nature of the property is not proved". After that she didn't filed any revision or appeal. It's been 4 years. My Question is " Can My sister and I file the fresh suit again and start the fresh case from beginning , Will the previous case hurt this case? 2.If yes, then when should we file the case ( Very soon or we can demand our share at any time in our life?). What should we do? pl guide the right approach....

Sunday 10 th May -- 2020 -- Mother's Day -- Best Wishes to All -- " There is no influence So Powerful , as that of the Mother " -- Sara Joseph Hale.

my relative put some cloth &grocery item &exit from mall.salesman &other caught him &cut the plastic strip zip tie on his bag (which malls worker had put on his bag before entrance . zip tie was cut with cutter . & they saw items &call 100 no. police came &took accused in police Thana &manager gave CCTV footage &bag with articles to police & filed FIR & accused got jail & bail my uncle met io (investigation officer) for help he said meet complainant . i can delay to file charge sheet. &then lokdown is started. & now 17 may (the date of lokdown will stop) is coming soon. charge sheet date is 21 may what i can suggest my uncle to be approach to io &complainant as uncle is farmer & illiterate he don't know what to be make in our favor to become accused acquittal. i am helping him. could you please 1.can a final report or closure report or any other report may be done to be acquittal. don't know what is in our favor. 2.can we approach io to remove tag(in which company name &price is written ) from cloth (the bag with articles is in police custody )so it would not proved that cloth belongs to this company &may be they already present in his bag before entering into mall. 3. is it feasible 4.or can we pray complainant to fabricate his statement in our favor when io will record this in 161 crpc may be . 5.what should we try to that leads accused acquittal. i am student .i dont know I pray our counsel he don't want to see us & don't want to hear us . this does not sounds good. pardon me if this thing is not discuss here.

This is a clear evolution of the US administration’s position, especially weeks before the Prime Minister is scheduled to travel to the US for the United Nations General Assembly in New York.

Underscoring that the situation in Kashmir is bigger than party issues, People’s Democratic Party (PDP) chief Mehbooba Mufti refused to meet a delegation of her party members.

The development is likely to increase pressure on the government to adjourn the Parliament session, which the Opposition has been demanding.

Jordan’s culture ministry launched the 'My talent from my home' contest in late March, and says it has since attracted more than 67,000 participants and 18 million social network views

Straightforward but compassionate, Wolf’s film affectionately documents the heady people and ambitious ideas that fuelled Biosphere II, relating an almost too-perfect metaphor for our feeble -- and perhaps doomed -- efforts to escape our own self-destructive nature

In 2015, journalist Sandhya Ravishankar had written articles for the Economic Times on illegal beach sand mining in Tamil Nadu. A case of criminal defamation was filed against the journalist which was quashed by the Madras HC on Wednesday. The HC mad

The deaths of 16 migrant workers from Madhya Pradesh, who were crushed by a train in Maharashtra's Aurangabad on Friday, has raised serious questions about the coordination between the governments of...

Assam has 'temporarily' shut down the Guwahati Medical College and Hospital (GMCH) - the biggest medical college of the northeast and the B Borooah Cancer Institute in Guwahati after four coronavirus...

The number of COVID-19 cases in Aurangabad in Maharashtra rose by 90 on Friday, with 72 of them being State Reserve Police Force jawans who served in Nashik district's Malegaon area, a COVID-19...

A 27-year-old woman suffered serious burn injuries after she was set on fire by three men when she resisted their molestation bid in Chhattisgarh's Korba district, the police said on Friday.

Hundreds of migrant workers came onto the streets and clashed with the police at a village in Surat district of Gujarat today to demand that they either be sent back to their home states or allowed to...

Five persons were killed in a clash between two groups at Moti Hamirpar village in Kutch district of Gujarat on Saturday afternoon, police said.

STRUCTURE MAINTENANCE, BR 1-400 ON SHALLCROSS LAKE ROAD

SILVERSIDE ROAD ADA IMPROVEMENTS, VEALE ROAD TO WINDYBUSH DR

ELKTON ROAD, MD LINE TO CASHO MILL ROAD

An analysis of Covid-19 death cases by the health ministry also shows that 30% of the dead were in the 40-60 years age group, and just 7% were under 40 years.

Some creative hashtags on social media have come to the rescue of netizens, offering distraction as well as solace in these trying times.

Cambly gives you instant access to native English speakers over video chat, so you can learn and gain confidence.

The MESTA said the government, schools and parents should work together to ensure salaries are paid, while simultaneously minimising the financial impact on parents.

From gender equality and adoption to mental health and sustainability, authors today are training the spotlight on many sensitive topics.

The Central Marine Fisheries Research Institute (CMFRI) has launched an online GIS based database depicting the proximity of fish landing centres to Covid-19 hotspots in Kerala.

The company manufactures 38 APIs and intermediates across various therapeutic categories — respiratory, diabetology, gastroenterology, pain management, orthopedics, etc. The company has more than 850 formulation products.

Minister for road transport and highways (MoRTH) Nitin Gadkari said for the first time that the border is finally connected by roads.

APMC administration and NMMC will carry out disinfection of the market premises and conduct tests. The market will remain open on this Saturday and Sunday.

Finance minister Nirmala Sitharaman inaugurated the rupee-dollar derivatives trading on the two exchanges on Friday.

The notification says that the Teerth Kshetra is a place of historic importance and a place of public worship of renown for taxation purposes.