When you buy a new car, you may wonder if the warranty covers all the things that aren't covered. After all, most warranties don't cover any of the following: brake pads and rotors, batteries, windshield…
Facing liquidity crunch due to Covid, promoters and…
Mumbai: Tight liquidity could see scenarios of fund diversion, round tripping and evergreening of loans in a desperate bid by some companies to beat the economic headwinds from the Covid-19 crisis, a PwC report said.…
Here’s what happened to the stock market on…
People walk by the New York Stock Exchange (NYSE) on May 18, 2020 in New York City.Spencer Platt | Getty ImagesDow Jones Industrial Average rises 529 pointsReopening, vaccine hopes spark massive rally'Reopening' trade leads market…
Click & Collect: Ikea resumes online sales in…
Hyderabad: Swedish furniture giant Ikea on Monday announced resumption of online sales in Hyderabad following the government’s latest guidelines wherein customers can book products online and collect those from the store. The company that has…
Microfinance lenders aim at repayment collection, restoring credit…
KOLKATA: Microfinance firms and small finance banks are desperately looking to boost repayment collection to revive cash flow and resume loan disbursement to restore normalcy in credit cycle even as the Reserve Bank of India…
Mega bank mergers working smoothly without heartburns: Bank…
Chennai: The amalgamation of 10 public sector banks into four has been working smoothly for the past two months without any heartburns as the employee benefit schemes have been extended to all the employees, said…
Bank of Maharashtra sanctions Rs 2,789 crore loans…
Mumbai: State-owned Bank of Maharashtra on Sunday said it has sanctioned loans worth Rs 2,789 crore to MSME, self-help group, agricultural and retail borrowers to help them meet their liquidity mismatches caused due to coronavirus…
Some Uber, Lyft drivers fear companies will use…
A driver and passenger wearing protective masks exit the ride sharing pickup area in a car displaying Uber Technologies signage at San Francisco International Airport in San Francisco, California, U.S., on Monday, May 4, 2020.…
Extend loan automatically to all eligible borrowers without…
NEW DELHI: Finance Minister Nirmala Sitharaman on Saturday said banks have been asked to extend loans automatically to eligible borrowers without fear of 3Cs -- CBI, CVC and CAG. She said clear instructions have been…