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Latest News Update - Banking and Finance

Coal India, Axis Bank, Cipla, NTPC and ITC were among the top gainers, while losers included Hero MotoCorp, Bajaj Finance, IndusInd Bank and GAIL.  Fri, 27 Mar 2020
This will go a long way in reducing the massive pain being felt in all parts of the economy and especially in the rate-sensitive real estate sector, Dhruv said.  Fri, 27 Mar 2020
Prior to the above investment, Balrampur Chini Mills held 50% of the Equity Share Capital in Auxilo Finserve, which now stands at 45.05%, the company said.  Fri, 27 Mar 2020
Bharti Airtel was the biggest loser in the Sensex pack, followed by IndusInd Bank, HDFC Bank, HCL Tech, Hero MotoCorp, Maruti, Asian Paints and Reliance.  Fri, 27 Mar 2020
The marginal standing facility (MSF) rate and the Bank Rate stand reduced to 4.65% from 5.40%  Fri, 27 Mar 2020
The Reserve Bank of India (RBI) Governor Shaktikanta Das today cut repo rate by 75 bps to 4.4%, stance remains accommodative and reversed repo rate reduced by 90 bps to 4%.  Fri, 27 Mar 2020
The RBI reduce the policy repo rate under the liquidity adjustment facility (LAF) by 75 bps to 4.40% from 5.15% with immediate effect.  Fri, 27 Mar 2020
The policy initiatives in this section should be read in conjunction with the MPCs decision on monetary policy actions and stance in its resolution.  Fri, 27 Mar 2020
The promoter Standard Life to offer up to 5 cr shares in a price range of Rs431-448.8/share.  Fri, 27 Mar 2020
The board approved, subject to receipt of requisite approvals, raising of funds for an additional (in addition to Rs10,000cr) amount aggregating up to Rs5,000cr.  Fri, 27 Mar 2020
The Reserve Bank of India (RBI) Governor Shaktikanta Das today cut repo rate by 75 bps to 4.4%, stance remains accommodative and reversed repo rate reduced by 90 bps to 4%  Fri, 27 Mar 2020
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Russia's Rosneft in Talks to Buy Stake in Essar Oil: Report
Russia's top oil producer Rosneft is in talks to buy about 50 per cent stake in Essar Oil Ltd for an undisclosed amount, according to sources.
Read More
Russia's Rosneft in Talks to Buy Stake in Essar Oil: Report
Russia's top oil producer Rosneft is in talks to buy about 50 per cent stake in Essar Oil Ltd for an undisclosed amount, according to sources.
Read More
Russia's Rosneft in Talks to Buy Stake in Essar Oil: Report
Russia's top oil producer Rosneft is in talks to buy about 50 per cent stake in Essar Oil Ltd for an undisclosed amount, according to sources.
Read More

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