Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Mnuchin decision cuts Fed lending power, but sources…
U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell share an elbow bump greeting prior to testifying before a House Financial Services Committee hearing on oversight of the Treasury Department's and Federal Reserve's…
Bank of Baroda reduces lending rate by 15…
NEW DELHI: Bank of Baroda, India's third largest public sector bank, announced a reduction in Baroda Repo Linked Lending Rate (BRLLR) from seven per cent to 6.85 per cent. The rate cut would be effective…
RBI asks lending institutions to implement waiver of…
Mumbai: The Reserve Bank on Tuesday asked all lending institutions, including non-banking financial companies, to implement the waiver of interest on interest for loans up to Rs 2 crore for the six months moratorium period…
Banks avoid NBFC lending, take 50% of RBI’s…
Small non-banking finance companies continued to be shunned by banks, which availed only half of the Rs 25,000-crore refinance offered by the RBI for lending to NBFCs. This was despite the RBI’s attempt to improve…
Mutual Funds increase bets on banks with corporate…
Mumbai: Fund managers are increasing their bets on banks with a bulky corporate lending book that have been largely ignored because of bad loan worries. Equity schemes of top mutual funds lapped up shares of…