The state-owned bank launched an emergency credit line to provide funds to its existing MSME and corporate borrowers in the last week of March, soon after the lockdown was announced.

As per the bank's website, it had deposits of Rs 485.56 crore, loans of Rs 161.17 crore and a negative networth of Rs 239.18 crore.

Delhi high court, in an interim order on May 1, has allowed HDFC Bank to deduct a Rs 90-crore loan installment from Indiabulls' fixed deposit which it holds as security.

The government can issue recapitalisation bonds, or the RBI's huge reserves of over USD 127 can also be dipped into to help the state-owned bank's recapitalisation needs, it said.

The government can issue recapitalisation bonds, or the Reserve Bank of India's (RBI) huge reserves of over USD 127 can also be dipped into to help the state-run banks' recapitalisation needs, it said.

The loan has been disbursed under a refinance scheme by Nabard from its own resources and was given this week, it said.

State-owned Indian Overseas Bank and Bank of Maharashtra on Wednesday announced a reduction in their marginal cost of funds based lending rate (MCLR). "Our Bank has revised the MCLR w.e.f 10.05.2020 until further review," Indian Overseas Bank said in a regulatory filing. The Chennai-headquartered lender said the MCLR for the benchmark one-year tenor loan has […]

State Bank of India (SBI) has decided to give select Non-Banking Financial Companies (NBFC) a three-month repayment holiday, persons familiar with the development said.

This will lead to the share of retail and small business loans to grow to a level of 60 per cent in the next two years from the current 44 per cent, he said.

In an interview with CNBC TV18, Kumar said the time is right to set up a structure, along the lines of a bad bank, given there are adequate provisions for existing non-performing assets (NPAs).

On the COVID-19 pandemic, SBI Card said globally, countries and businesses are under lockdown and there is a high level of uncertainty about the duration of the lockdown and the time required for things to get normal. 

Karnataka Tourism’s flagship luxury train, the Golden Chariot is now available for charter at only $70000 (Rs. 3,500,000). The minister said: “Around 80 tourists can travel in the train per tour. By introducing the charter service, private individuals or organizations can have...

Indian Luxury Trains (ILT), India’s first luxury train portal, is all set to add the Fairy Queen  train, India’s oldest running steam locomotive, to its portfolio. The Fairy Queen train was jolted down last year following the vandalizing & stealing of the brass parts of this...

If sources are to be believed, the Golden Chariot, a luxury train operating in South Indian states of Karnataka and Tamil Nadu, will soon revamp its itinerary to include destination in Andhra Pradesh. This move is meant to promote tourism in Andhra Pradesh as well as to make the train more...

Thunberg has become a leading voice for action on climate change, inspiring millions of students to join protests around the world.

Some schools of thought suggest that the eruption pushed Earth into volcanic winter that lasted as long as six years and the planet Earth had to endure a longish cooling period of a thousand years.

Since our FM mentioned the Sindhu-Saraswati civilisation or the Harappan culture, it is prudent that we start our journey from there.

Gangetic dolphins, gharial and freshwater turtles are among the major species found in the region. More than 75 per cent of the critically endangered Gharial population is based in the sanctuary.

The number of registrations before PM Modi's mention was hovering at only 74,000 which jumped to 1,53,000 after PM's mention.

BEE will start rating deep freezers and light commercial air conditioners as well from now onwards. The star rating programme was launched on the 19th foundation ceremony of the BEE.

Special grade steel plates have been procured from the Bhilai plant of the Steel Authority of India Limited (SAIL) to be used in the launch vehicle.

ISRO is already working on a Humanoid prototype (with a female form)for the Gaganyaan missions, which is expected to be sent out on a mission next year to test it out before actually sending humans in space.

Since rangeomorphs could not move and are preserved where they lived, it is possible to analyse whole populations from the fossil record.

The famous scientist, who battled amyotrophic lateral sclerosis (ALS), a motor neurone disease for over 50 years, passed away at the age of 76 on March 14, 2018.

Coronavirus: A week ago, an employee at the NASA’s Ames Research Centre in California was tested positive for the virus.

The tech entrepreneur's company will launch a Falcon 9 rocket to transport NASA astronauts Bob Behnken and Doug Hurley in a first for the space agency as it looks to cut costs.

The space agency is shutting down its Michoud Assembly Facility in New Orleans, where the Space Launch System rocket is being built, and the nearby Stennis Space Center, administrator Jim Bridenstine said late Thursday.

With classes and all other activities being suspended till March 31 due to coronavirus, the Indian Institute of Technology (IIT) Gandhinagar has launched 'Project Isaac' to engage students confined to their rooms or homes in productive activities.

At least two candidates have already entered the clinical evaluation stage, according to the World Health Organization (WHO).

The tests could reveal the true extent of the outbreak and help separate the healthy from the sick. But some scientists have challenged their accuracy.

COVID-19: The team, which consists of only volunteers, has been working without any funding and is working anonymously so that people do not call them with inquiries about the project.

The nationwide 'Janta Curfew' on March 22 and the 21-day lockdown imposed since March 24 to combat the coronavirus outbreak have resulted in a significant improvement in air quality.

The report claims that the development could help seismologists detect earthquakes of even very small magnitude, signals of which were earlier drowned in the cacophony produced by various activities.

On April 27, Venus will shine nine-times brighter than Jupiter, its nearest planetary 'competitor', and will outshine Sirius, the brightest of all stars, by almost 20-times

More than a thousand face shields have been dispatched for the doctors and healthcare staff of AIIMS Rishikesh.

Seismic noise is a relatively persistent vibration of the ground that is usually an unwanted component of signals recorded by seismometers, according to the scientists.

In Delhi, the comparison made from the second week of March (before lockdown) to first week of April (April 6), reduction in PM2.5 was found to be by 62 per cent, PM10 by 57 per cent and NOx by 50 per cent,  the latest SAFAR data accessed by PTI showed.

According to NASA, this will be the largest of full Moons this year. Also termed as “Pink Moon”, this Supermoon marks the first full moon of the Spring season.

Weeks of lockdown in the country to fight coronavirus may have reduced greenhouse gas emissions enabling people to breathe cleaner air and feast on blue skies, but it is only a temporary phase and will not benefit the environment in the long run.

Weeks of lockdown in the country to fight coronavirus may have reduced greenhouse gas emissions enabling people to breathe cleaner air and feast on blue skies, but it is only a temporary phase and will not benefit the environment in the long run.

According to the study published in the Indian Journal of Medical Research, there is no evidence or research to claim that these bat coronaviruses can cause disease in humans.

The less distance from Kepler 1649 c's host red-dwarf star, scientists believe, puts the exoplanet in the habitable zone where liquid water could exist on the world's surface.

"The discovery of this exceptional system has been made possible thanks to the acquisition of a great number of measurements, as well as a dramatic improvement of the instrument and of our signal processing techniques," said Francois Bouchy, a professor at the University of Geneva (UNIGE) in Switzerland.

China National Space Administration (CNSA) named the Mars mission as "Tianwen," which means Heavenly Questions or Questions to Heaven, a poem written by China's well known poet Qu Yuan (340-278 BC).

It refers to the difficulty of the direction that takes the small hole around its partner-a difficulty that the research team has now integrated into a highly sophisticated model.

Fusarium wilt with tropical race 4 (TR4) strain is a soil-borne fungal disease that affects mainly cavendish varieties of banana.

During a virtual interaction, she compared the Indian students' experience to her being in space in a spacecraft “where you don't get to go, see your family and friends and give them a real hug.”

The experimental spaceship was launched without crew by China's new large carrier rocket Long March-5B from the Wenchang Space Launch Centre in Hainan on Tuesday.

The spacecraft entered the return orbit at 12:21 pm after which its return capsule separated with its service capsule at 1:33 pm.

Family consisting of Old aged parents with 3 children (1-daughter & 2-sons,), all 3 are married living separately with their successors. Elder son purchased a house in year 2005 out his own earnings & later in year 2013 due to family disputes viz. Divorce & DVC with his wife transferred the said house in the name of his mother through registered settlement deed. Presently, all his cases are disposed. Please clarify (1) whether his sister, brother or their children/successors has any right to claim the above said house as the same is presently in the name of his mother. (2) Should he make a fresh settlement deed & transfer back the house on his name to avoid any future disputes from his siblings or their successors.