As RBI reduces its key rate for the third time in two months, the realty stocks have gained impetus.

Recession seems to have taken a break as the much-talked about monetary stimulus package is out in the open. If reactions from industry captains are any sign, it has not lived up to the expectations.

The Export-Import (Exim) Bank of India and European Investment Bank (EIB) have come together to provide a loan of Euro 150 million to projects that are affected on account of recurrent change.

The Reserve Bank of India (RBI) has granted the Foreign Institutional Investors (FIIs) to purchase, under Portfolio Investment Scheme (PIS), equity shares of McLeod Russel India through the primary market and stock exchanges in India up to 40% of the company’s paid-up capital.

Public sector banking entity, Union Bank of India, has signed an agreement with National Collateral Management Services (NCMSL) to provide credit to food and agro-based units at competitive rates against depot receipts under its new scheme.

State Bank of India (SBI) plans to recruit approximately 4,280 clerical employees for its banks like State Bank of Bikaner and Jaipur, State Bank of Indore and State Bank of Mysore, State Bank of Hyderabad, State Bank of Patiala and State Bank of Travancore.
State Bank of Hyderabad, State Bank of Patiala and State Bank of [...]