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…
2021: Banks brace for pandemic-hit corporates’ bad loan…
New Delhi: Tackling non-performing assets will be a major challenge for the banking sector in the new year as many companies, especially in the MSME sector, may not be able to withstand the heat of…
Home loan ticket size up to over Rs…
New Delhi: The average home loan ticket size increased to over Rs 26 lakh in 2020 despite the pandemic as Pradhan Mantri Awas Yojana (PMAY), fall in interest rates as well as lower registration costs…
Government opposes further loan moratorium
NEW DELHI: The government on Friday cited constraints imposed by the country’s economic situation and the uncertainty over the Covid-19 pandemic to oppose any further Supreme Court relief by way of extending the loan moratorium…
PNB lowers recast target; expects only Rs 20,000…
New Delhi: Punjab National Bank (PNB) on Tuesday lowered the debt recast target by 50 per cent to Rs 20,000 crore as there was not enough demand for restructuring approved by RBI a couple of…
As stimulus talks drag on in Washington, millions…
The U.S. Capitol stands in Washington, D.C., U.S. on Thursday, Oct. 1, 2020. Talks Thursday between Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin brought no immediate breakthrough on a deal for a new pandemic…
SC asks Centre, RBI to file Kamath panel…
The Supreme Court Monday asked the Centre and the RBI to place on record the K V Kamath committee recommendation on debt restructuring due to COVID-19 related stress on various sectors as also the notifications…
ICICI Bank offers two-wheeler loan EMI at Rs…
With festive season around the corner, banks have started coming out with their special offers to entice customers. Banks like the State Bank of India has announced loan offers and waiver of charges. Private sector…
No clamour or rush for restructuring of loan:…
New Delhi: Contrary to market expectations, there was not too much demand or clamourfor restructuring of loans as permitted by RBI recently to beat the COVID-19 related stress, SBI Chairman Rajnish Kumar said. He expects…