Tag Archives: Crore

Coronavirus WhatsApp Chatbot By Government Crosses 1.7 Crore Users in 10 Days of Launch

mygov corona helpdesk chatbot numbers image gadgets 360 MyGov Corona Helpdesk

MyGov Corona Helpdesk, the official WhatsApp chatbot by the Central Government that was aimed to eradicate fake news and spread awareness about COVID-19, has crossed the milestone of 1.7 crore users in 10 days of its launch. The chatbot is designed to serve information about the disease that is believed …

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Industry Body For Rs 5,000 Cash Transfer To 20 Crore People Amid COVID-19

As Rupee Hits 16-Month Low, Analysts Warn Of

Time is ripe to implement India’s version of “Helicopter Drop” fiscal support scheme to avert an impending economic disaster due to the outbreak of COVID-19, with industry body CII suggesting direct cash transfer of Rs 5,000 into the accounts of all adults with annual income of less than Rs 5 …

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RBI To Purchase Bonds Worth Rs 30,000 Crore Next Week through open market operations

Economic Remedies For The Coronavirus Across The Globe

The auctions would be conducted on March 24 and March 30 next week, RBIsaid. Mumbai: The Reserve Bank of India (RBI) will inject liquidity of Rs 30,000 crore through open market operations next week to maintain financial stability in the system in the wake of the coronavirus outbreak. The RBI …

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yes bank news rbi 60000 crore credit line to yes bank

Cabinet Clears Bailout Plan For Crisis-Hit Yes Bank: 10 Things To Know

To tide over liquidity issue, the Reserve Bank of India (RBI) has extended Rs 60,000-crore credit line to Yes Bank so that it meets obligation of depositors, sources said. This is in line with assurance given by RBI Governor Shaktikanta Das on Monday saying the regulator was ready to offer …

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Coronavirus Pandemic Risks This Sector In India Worth Rs 2 Lakh Crore

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No economy is immune to a fast-spreading pathogen. But where activity is organized more formally, authorities can at least try to reach the pain points with liquidity, credit, tax rebates, salary supplements or rental discounts. None of this is easy in a highly informal economy like India. The lockdowns that …

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yes bank crisis yes bank december quarter rs 18564 crore loss

Cabinet Clears Bailout Plan For Crisis-Hit Yes Bank: 10 Things To Know

Yes Bank reported a Rs 18,654-crore loss for the December quarter. Yes Bank reported on Saturday a staggering Rs 18,654-crore loss for the December quarter due to higher recognition of dud assets on the books, and an erosion of capital buffers to the brink.The gross non-performing assets shot-up to Rs …

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visa suspension due to coronavirus cost rs 8500 crore on travel tourism aviation

Visa Suspension May Cost Rs 8,500 Crore For Travel, Tourism, Aviation Sectors

The coronavirus pandemic could bring Indian travel, tourism and aviation industries to a halt within next ten days, especially with the government suspending visas for a month, a move that could cause an immediate economic impact of at least Rs 8,500 crore, according to industry players. Industry bodies, including Indian …

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Rs 11 Lakh Crore Investor Wealth Destroyed In Worst Day For Markets

Sensex Falls Over 400 Points, Nifty Near 11,900 Amid Selloff Across Sectors: 10 Things To Know

The S&P BSE Sensex and NSE Nifty 50 indexes suffered their biggest single-day selloff ever as they entered the bear market on Thursday wiping out Rs 11.42 lakh crore of investors’ wealth. The Nifty 50 crashed as much as 9 per cent or 950 points to 9,508 during the session …

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yes bank crisis yes bank customers withdrew Rs 18110 crore deposits during march september 2019

Customers Withdrew Rs 18,110 Crore Deposits From Yes Bank During March-September 2019

Yes Bank customers withdrew Rs 18,100 crore between March and September 2019 Deposits at Yes Bank witnessed a steady decline during the March-September period last year as customers withdrew over Rs 18,100 crore, in a reflection of falling confidence in the bank. Yes Bank, which has been put under a …

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State Bank Of India (SBI) Sets Rs 10,000 Crore Cap For Investment, Says Rajnish Kumar

SBI Sets Rs 10,000 Crore Limit For Yes Bank Investment: Rajnish Kumar

SBI’s board has already given an in-principle approval to explore investment opportunity in Yes Bank Mumbai: State Bank of India, which can pick up a 49 per cent stake in the crisis-hit Yes Bank under the Reserve Bank of India’s draft scheme of reconstruction, has set a maximum investment limit …

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