Traders body, Confederation of All India Traders (CAIT) has criticised ICICI Bank for allowing Peoples Bank of China to invest in the bank amdist the strong sentiments in the country against China after the Galwan Valley face-off between forces. CAIT said it is the second instance where the Chinese central […]
Banking & Business
Hindi News Business Elon Musk Becomes World’s Fourth richest Billionaire After Gaining $8 Billion नई दिल्ली9 घंटे पहले इस साल टेस्ला के शेयरों में 339% का इजाफा हुआ है। इसके अलावा कंपनी को 2 बिलियन डॉलर की नई फंडिंग मिलने वाली है, जिससे टेस्ला की नेटवर्थ 46 बिलियन डॉलर हो […]
(Representative image) MUMBAI: The Reserve Bank on Tuesday unveiled the framework for setting up umbrella entities for operating pan-India retail payments systems and invited applications from eligible companies by February 26, 2021. As per the framework, the companies with a net worth of over Rs 500 crore will be eligible […]
The addition of Netmeds enhances Reliance Retail’s ability to provide good quality and affordable health care products and services, says Isha Ambani Reliance Industries Ltd (RIL) has announced that its subsidiary Reliance Retail Ventures Ltd (RRVL) has acquired a majority equity stake in Vitalic Health Pvt. Ltd.and its subsidiaries collectively […]
The rupee settled 12 paise higher at 74.76 (provisional) against the US dollar on Tuesday as heavy buying in domestic equities and weak American currency strengthened investor sentiments. At the interbank forex market, the domestic unit traded in a narrow range. It opened at 74.78 and ended the day at […]
नई दिल्ली। भारतीय रुपया अमेरिकी डॉलर के मुकाबले मंगलवार को 12.50 पैसे मजबूत होकर बंद हुआ।मुद्रा बाजार के जानकारों के मुताबिक भारतीय शेयर बाजार के दोनों सूचकांक में जबरदस्त उछाल और अमेरिकी मुद्रा के कमजोर होने से निवेशकों की धारणा में सुधार के कारण अंतरबैंक विदेशी मुद्रा विनिमय बाजार में […]
UFLEX Ltd announced its Q1FY21 results on Aug 18, 2020. Consolidated net revenue of UFLEX Ltd in Q1FY21 stood at Rs1,992.68cr, which rose by 0.73% yoy from Rs1,978.27cr in Q1FY20. EBITDA stood at Rs416.25cr in Q1FY21 that rose by 52.14% yoy. For Q1FY20, it had posted EBITDA of Rs273.59cr. EBITDA […]
As announced in the Statement on Developmental and Regulatory policies issued as part of Monetary Policy statement dated February 6, 2020, the Reserve Bank hereby places a draft framework for grant of recognition to an industry association as a Self-Regulatory Organisation (SRO) for Payment System Operators (PSOs). The SRO shall […]
Privatisation is a bigger political decision and not an economic one alone, Vishwanathan said, adding that a bank holding company needs to be created first. (Representational image) Former Reserve Bank deputy governor N S Vishwanathan on Tuesday said there is a need to separate governance of state-run banks from the […]
Kotak Mahindra Bank has implemented CRMNEXT which will enable bank to deliver end-to-end digital and paperless journeys to serve customers in the new, dynamically changing environment. The bank said the new unified digital platform enhances their digital capabilities to sell and services customers across any touchpoint. Further, it will enable […]