Banking

ebm-papst to set up a new plant near Chennai at Rs.340 cr.

The new plant is coming up near Chennai, Tamil Nadu. The new greenfield project is expected to involve an initial investment of outlay of  Rs....

Renault to buy out Nissan in Indian JV

"Renault Group would own 100% of Renault Nissan Automotive India Private Ltd. (RNAIPL)  by acquiring the 51% shareholding currently held by Nissan," a release...

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...

Guide banks to absorb and adopt technology

There is a growing public perception that all NPAs are the result of fraudulent practices. This is not true. Mortality is part of enterprise....

PATI, PATNI AUR WOH

All bad things do not happen for a good reason. And they occur in an unplanned way. Who would have imagined Padma Bhushan Chanda...

Nine more added

With the recent addition of nine, we have 99 cities listed ‘Smart.’ The diversities in the economic conditions of these cities are pronounced. For analysing...

Thirty more cities seek to become SMART

The banking sector has a crucial role to play in implementing the ambitious plan for developing smart cities. Providing adequate financial support for private investment...

Small finance banks offer high interest rates

Several small banks offer higher interest rates to build their resource base. It has a cost implication. Recently, the Reserve Bank of India has given...

Aadhaar, niraadhaar and banking

Aadhaar is a 12 digit number issued to all citizens in India by the Unique Identification Authority of India. UIDAI claims 93 per cent...

Payment banks have arrived

One crucial implication of payments and bank business would be the drastic decline in the footfalls at the branches. Even several ATMs may find...

How ‘secure’ are the secured loans?

While the big defaulters are the major causes of banks’ sickness, recoveries in small suits could be slowly denting their profitability as it is...

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ebm-papst to set up a new plant near Chennai at Rs.340 cr.

The new plant is coming up near Chennai, Tamil...

Renault to buy out Nissan in Indian JV

"Renault Group would own 100% of Renault Nissan Automotive...

98.21% of ₹ 2000 notes returns, says RBI

The Reserve Bank of India (RBI) has said that...

Maruti Suzuki posts record sales in FY2025

The company sold a total of 2,234,266 units, including 1,795,259 units in...

Tata chairman in IMF advisory council

He is among prominent individuals appointed by IMF Managing...