Banking

Onida: The Devil makes a comeback!

Onida a well known Television brand, had lost its ground amid intense competition from foreign brands. Focusing on its comeback strategy, the company also unveiled...

Hero MotoCorp enters Germany

The company will introduce its Euro 5+ compliant product portfolio, led by the XPulse 200 4V series at 2990 euros, according to a statement. "Germany...

Elgi Equipments gets Rs 25.6 crore tariff refund

Elgi Compressors USA INC, has received a tariff refund from U.S. Customs and Border Protection (CBP) amounting to USD 2.68 million, equivalent to about...

Reserve Bank cancels licence of Paytm Payments Bank

Consequently, Paytm Payments Bank Limited is prohibited from conducting the business of ‘banking’  or any additional business with immediate effect and RBI will make...

Application of Ujjivan SFB for universal bank returned

In its letter dated 13 April, the RBI took note of the bank’s recent efforts towards diversification of its loan portfolio. However, the RBI...

RBI seeks views on steps to secure digital payments

The Reserve Bank of India (RBI) said, "fraudsters are deploying various tactics, such as bogus call centres, deepfake-driven impersonation scams and mule account networks"....

Women borrowers hold credit portfolio of Rs 76 lakh crore: NITI Aayog

NITI Aayog released second edition of its report “From Borrowers to Builders: Women and India’s Evolving Credit Market”. The report noted that women’s credit...

IBC 2.0 is all about restoring certainty

The IBC was conceived to address a systemic problem: the inefficient resolution of stressed assets, which had locked capital, weakened banks and impaired credit...

Reactions to RBI policy decision

Expected lines: "RBI maintaining the status quo on policy rate is on expected lines. The Governor’s projection of FY26 GDP growth at 7.6 per cent...

RBI announces measures on capital adequacy

Review of guidelines for inclusion of Quarterly Profits in Capital to Risk-weighted Assets Ratio (CRAR) computation – Commercial Banks: As per the extant guidelines, commercial...

RBI keeps repo rate unchanged, flags upside risks to inflation

The MPC also decided to continue with the neutral stance, while retaining the flexibility to respond judiciously to incoming information. Consequently, the standing deposit facility...

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Onida: The Devil makes a comeback!

Onida a well known Television brand, had lost its...

Hero MotoCorp enters Germany

The company will introduce its Euro 5+ compliant product...

Elgi Equipments gets Rs 25.6 crore tariff refund

Elgi Compressors USA INC, has received a tariff refund...

India Post records highest ever Q1 revenue

The Minister held Business Review Meeting with all 23...

MRF ranked India’s most valuable tyre brand

The company also featured among the Top 50 most...