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...
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 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...
Consequently, Paytm Payments Bank Limited is prohibited from conducting the business of ‘banking’ or any additional business with immediate effect and RBI will make...
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"....
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...
The IBC was conceived to address a systemic problem: the inefficient resolution of stressed assets, which had locked capital, weakened banks and impaired credit...
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...
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...