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External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities
The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …
ANI
India's forex reserves at record high of USD 675 billion, external sector resilient: RBI Governor Shaktikanta Das
The previous all-time high for the kitty was USD 670.857 billion on July 19 this year, and the last…
PTI
India Inc's foreign commercial borrowings rise by 4.6% in August
Of the total borrowings in August this year, over USD 2.47 billion was through the automatic r…
PTI
Unipolar world a 'distant history', analysis needs to overcome past constructs: Jaishankar
External Affairs Minister S Jaishankar said on Sunday that today, the unipolar world is a "distant …
ANI
India's most wanted borrower Vijay Mallya gets sentenced to 4 months in jail
The Supreme Court on Monday awarded four-month sentence to fugitive businessman Vijay Mallya in a c…
PTI
Banks must allow retail borrowers to switch between fixed and floating rates: RBI
Reserve Bank of India on Friday said regulated entities (REs) have the freedom and they must offer …
ANI
Vedanta Resources pays $400 million debt, borrowings down to $6.4 billion
Vedanta's gross debt as of today stands at USD 6.4 billion, down from USD 6.8 billion at the end of…
PTI
India's external debt of $620bn is sustainable: Finance Ministry report
In a recent report, the Department of Economic Affairs said the country's external debt continue…
India's external debt rose 8.2% in 2021-22 to $620 billion
India's external debt rose by 8.2 per cent to stand at $620.7 billion on March 31, 2022, compared t…
India just made it easier for companies to borrow money from overseas
In addition to banks and financial institutions, all companies that are eligible for forei…
RBI's moves to boost forex inflows could have an impact on domestic borrowing rates
Reacting to RBI's moves on Wednesday, Emkay Global in a report said: "While these measures to boost…
40,000 student-loan borrowers are getting their debt wiped out immediately through fixes to 'longstanding failures' in forgiveness programs, Biden's Education Department says
The Education Department is also bringing 3.6 million student-loan borrowers closer to relief throu…
Ayelet Sheffey
SBI passes on entire repo rate cut to borrowers
It allowed a repayment moratorium for three months on all term loans outstanding as on March 1, 20…
PTI
SBI cuts external benchmark-based rate by 25 bps
Mumbai, Dec 30 () The country's largest lender State Bank of India on Monday announced a 25 basis p…
PTI
World's poorest countries witness 9.5% increase in external debts, says World Bank
The total external debt of the world's poorest countries increased by 9.5 per cent to a record $744…
Banks not passing lower rate benefits to borrowers, developers: CREDAI to RBI
"While the RBI has reduced 2.50 per cent in repo rates since January 2019, the maximum reduction p…
PTI
SBI passes on entire 75 bps repo rate cut to borrowers
The new rates, to be effective from April 1, will be applicable for its borrowers availing loans b…
PTI
RBI blasts CRAs for allowing 'rating shopping' to large borrowers
This implies that these investors must be adopting additional credit screening mechanisms apart fro…
PTI
Instagram is testing disappearing messages - it's the latest example of the app borrowing ideas from Snapchat
The disappearing chat function was discovered by hacker Jane Manchun Wong, who regularly unearths p…
Aaron Holmes
Indian cos' foreign borrowings down 45 pc to USD 2 bn in Dec'19
The borrowers taking the automatic route of ECB included HPCL-Mittal Pipelines (USD 262.5 million)…