Banking

Renault India Resumes Exports to Lanka

The vehicles being exported to Sri Lanka are manufactured at Renault India’s facility in Oragadam, Chennai. The plant supports both domestic requirements and international markets,...

Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster than all other G-20 economies, as well as similarly rated emerging market sovereigns, risks remain,”...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days from 17 days a year earlier, the lowest level since November 2023, it said. The sharp...

98.21% of ₹ 2000 notes returns, says RBI

The Reserve Bank of India (RBI) has said that 98.21% of the ₹2000 banknotes in circulation as on May 19, 2023 has been returned. The...

United Forum of Bank Unions serves one-day strike notice

Ostensibly, the strike move is to demand, among other things, the following. * Adequate recruitment in all cadres. * Regularisation of all temporary employees. * Implementation of a 5-day...

Unifi Mutual launches hybrid fund

The scheme is ideally suitable for investors looking for low volatile, inflation-beating returns over an investment horizon of two years or more. The new fund...

RBI revises norms for pre-closure charges on certain loans

The apex bank has sought comments on the draft guidelines. "Availability of easy and affordable financing to Micro and Small Enterprises (MSEs) is of paramount importance....

RBI bats for growth, cuts Repo rate

Repo rate is the interest rate at which banks borrow money from the RBI. It is also known as the repurchase agreement rate. The Repo...

Paytm Gate! Glaring Governance Gaps?

It appears that the latest is the culmination of the enquiries that have lasted many months and the bank had been warned of regulatory...

Sense and Sustainability… Pragya Panda, Financial Consultant

In the ever-evolving landscape of the banking sector, 2024 promises to be a revolutionary one. The sector faces ongoing challenges in managing asset quality,...

Will banks become obsolete?

Fintechs have made deep inroads into banking and financial services. There is a feeling that over the next few decades it would make traditional...

Stay in touch:

255,324FansLike
128,657FollowersFollow
97,058SubscribersSubscribe

Newsletter

Don't miss

Renault India Resumes Exports to Lanka

The vehicles being exported to Sri Lanka are manufactured...

Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days...

Walgreens to set up GCC in Chennai

An memorandum of understanding was signed on Friday with...

SP Group backs Tata Sons IPO

SP Group owns 18.4 per cent in Tata Sons....