Banking

India cancels cargo trans-shipment facility for Bangladesh

The rescission takes immediate effect. However, cargo that has already entered the Indian territory under the provisions of the rescinded circular may continue its exit...

RBI cuts repo rate by 25 basis points

The decision was made during the first Monetary Policy Committee (MPC) meeting of the financial year 2025-26, held from April 7-9.  In a parallel move...

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....

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...

PSUs – Stem the rot before mergers

Another clutch of 197 banks, known as Regional Rural Banks, promoted jointly by the Central government, the state governments and the lead banks in...

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India cancels cargo trans-shipment facility for Bangladesh

The rescission takes immediate effect. However, cargo that has already...

RBI cuts repo rate by 25 basis points

The decision was made during the first Monetary Policy...

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...