Thursday, Mar 28, 2024 | Last Update : 11:45 PM IST

  Business   Economy  31 Aug 2018

Business, Economy, 31 Aug 2018

Indian Banks Association elects PNB's Sunil Mehta as chairman

Rajnish Kumar and Shyam Srinivasan, will continue as deputy chairmen of IBA.

31 Aug 2018 6:59 PM

SBI says Rupee still overvalued, no need to panic

The rupee has been the worst among the large emerging market peers, losing over 10 per cent from the beginning of the year.

31 Aug 2018 5:06 PM

RBI deputy governor Kanungo worried over rising debt levels of states

Kanungo said the time has come for each state to manage its own borrowings.

31 Aug 2018 4:20 PM

IDBI Bank approves issuance preference shares to LIC

The move will eventually lead to acquisition of 51 per cent shareholding by the insurance behemoth in the debt-ridden lender.

31 Aug 2018 3:25 PM

Bank branches to function normally next week; no need for panic: Fin Min

A rumour is circulating in several sections of social media that banks will be closed for 6 days in the first week of September 2018.

31 Aug 2018 2:39 PM

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Yes Bank shares continue to fall; plunge 7 per cent

It has received RBI's approval for continuance of Rana Kapoor as MD and CEO of the company.

31 Aug 2018 1:29 PM

Objective of demonetisation was to reduce cash transactions: Niti Aayog VC

RBI report revealed that almost all demonetised notes were returned to banks.

31 Aug 2018 12:52 PM

Rupee hits new low of Rs 70.74

Oil prices soared higher following reports about fall in US inventory level and likely disruption in supply from Iran and Venezuela.

31 Aug 2018 5:14 AM

Scrap dynamic pricing for flight tickets, says panel

The source said that some members flagged concerns about rise in air ticket prices during the recent Kerala floods this month.

31 Aug 2018 4:51 AM

More formalisation due to note ban, says Arun Jaitley

Claims rise in taxpayers, higher growth are a result of note ban.

31 Aug 2018 2:40 AM

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