Blackstone chief Schwarzman commits USD 5 mn to India in pandemic aid

The announcement by Stephen A Schwarzman, the founder and chairman of the fund, comes on the heels of close to 40 major American companies committing millions of dollars to help the country fight the pandemic which has been topping the infection list globally for a week with daily caseload remaining above 3.25 lakh mark for almost a week now.

source https://economictimes.indiatimes.com/industry/banking/finance/blackstone-chief-schwarzman-commits-usd-5-mn-to-india-in-pandemic-aid/articleshow/82288733.cms

BANKING

The announcement by Stephen A Schwarzman, the founder and chairman of the fund, comes on the heels of close to 40 major American companies committing millions of dollars to help the country fight the pandemic which has been topping the infection list globally for a week with daily caseload remaining above 3.25 lakh mark for almost a week now.

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BANKING

HDFC Bank has converted its training centres in Pune, Bhubaneswar and Gurgaon into isolation centres to deal with Covid-19-related emergencies for employees with symptoms. The bank has also tied up with hotels across the country for rooms.

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Banks convert existing infrastructure into Covid centres for employees

HDFC Bank has converted its training centres in Pune, Bhubaneswar and Gurgaon into isolation centres to deal with Covid-19-related emergencies for employees with symptoms. The bank has also tied up with hotels across the country for rooms.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-convert-existing-infrastructure-into-covid-centres-for-employees/articleshow/82285796.cms

PNB Housing Finance reports Rs 130 crore net profit in fourth quarter

The lender's business volume shrunk while business prospects for the next quarters remain "highly unpredictable" following the severe second wave of coronavirus, the company said in a notice to stock exchanges.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/pnb-housing-finance-reports-rs-130-crore-net-profit-in-fourth-quarter/articleshow/82278516.cms

BANKING

The lender's business volume shrunk while business prospects for the next quarters remain "highly unpredictable" following the severe second wave of coronavirus, the company said in a notice to stock exchanges.

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BANKING

The umbrella body also demanded an extension of different liquidity windows, a key lifeline to small or mid-size non-banking finance companies. Localised curbs on mobility weighted on the economy that was lately trying to clamber out of the sinkhole.

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