Daily Archives: December 5, 2019
Non-banking finance companies, co-operative banks and payments banks can now convert into small finance banks (SFBs), which will help improve their reach and access to funds. The downside is that half of their loans will be for borrowers seeking to raise Rs 25 lakh or less as against regular commercial banks which don’t have this restriction.
Priyanka Chopra is one of the talented actresses of Bollywood. The actress keeps her fans updated about her day-to-day life through her social media posts. Also, she treats them with stunning pictures and looks for various events.
The RBI’s monetary policy committee (MPC) on Thursday slashed its GDP growth estimate but disappointed markets and borrowers by keeping its key policy rate unchanged after reducing it five consecutive times in 2019. RBI retained the repo rate at 5.15% even as it cut its GDP growth estimate for 2019-20 by 110 basis points to 5% from 6.1% forecast two months earlier.
Ashutosh Gowariker’s period drama ‘Panipat’ starring Arjun Kapoor, Sanjay Dutt and Kriti Sanon has been the talk of the town since the announcement. The trailer and songs of the film received a lot of appreciation from the audience. The film team has left no stones unturned to promote it on various platforms.