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...

Re-appointment of Ramesh Babu as MD of KVB gets RBI nod

The RBI, on 24 April, approved the re-appointment, the bank said in a stock exchange filing. On January 23, the board of KVB had considered...

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...

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....