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…
RBI’s targeted long-term liquidity measures to ease borrowing…
The Reserve Bank's decision to enhance liquidity into the system through long-term repo operations will ease the borrowing cost for NBFCs and relaxation in loan to value guideline will help revive the economy, the industry…
Lok Sabha passes legislation to bring cooperative banks…
New Delhi: The Lok Sabha on Wednesday passed the Banking Regulation (Amendment) Bill, 2020 which seeks to bring cooperative banks under the supervision of the Reserve Bank of India (RBI) to improve their governance and…
Will RBI’s floating rate savings bonds 2020 give…
By Dr. Neelam Rani and Prudhvi SankarRBI's Floating Rate Savings Bonds 2020 are bonds issued by the Government of India, with an interest rate of 7.15 percent. The interest rate on these bonds will be…
Everything you wanted to know about RBI’s Special…
[unable to retrieve full-text content]The Reserve Bank of India announced today that it will open a Rs 50,000-core special liquidity facility for mutual funds (SLP-MF) to ease the liquidity pressure on them. Personal Finance News-Wealth-Economic…
View: RBI’s action may not be a panacea,…
Investors are elated that the Reserve Bank of India has come to their rescue with a Rs. 50,000 crore cheque to mutual funds so that they pay their investors without roiling the markets. A promise…
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…