AU Small Finance Bank Submits Application To RBI For Universal Bank Licence | Economy News
New Delhi: AU Small Finance Bank (AUSFB) on Tuesday submitted an application to the RBI seeking approval for a universal bank licence. The RBI in April invited applications from small finance banks meeting specified criteria, including a minimum net worth of Rs 1,000 crore, for becoming regular or universal banks.
Photo of the day: Preethi Pal picks up Women's 100m bronze
Preethi Pal of India celebrates winning bronze in Women’s 100m – T35 Final during the Paris 2024 Paralympic Games at Stade de France on August 30, 2024. Image: Ulrik Pedersen/NurPhoto via Getty Images Source link
MK Hamied steps down as Cipla’s Vice Chairman on account of age, health | Company News
The company said the board has also approved the appointment of Kamil Hamied as Non-Executive Director. 1 min read Last Updated : Sep 03 2024 | 11:37 PM IST Drug major Cipla on Tuesday said MK Hamied has resigned as Vice Chairman with effect from October 29 due to
Govt conducts 5-day mock drill to assess zoonotic pandemic preparedness | India News
1 min read Last Updated : Sep 03 2024 | 7:59 PM IST The central government on Tuesday announced that it had conducted a five-day mock drill named Vishanu Yudh Abhyaas (Virus War Exercise) to assess pandemic preparedness and response to zoonotic disease outbreaks. Zoonotic diseases are infections
Why this class of companies is waiting for more corporate failures
One person who attended the dinner said the event was meant to underline Union Bank’s intent to offload bad loans. In FY25, the attendee said, the bank wanted to sell loans worth ten times more than those sold the previous year. The ambitious target came as music to the ears
Personal Loans: From eligibility, interest rates to the application process; all you want to know about them
Have you ever wondered what is the way out when your demands or desires outstrip your economic potential? For example, you may want to go to a European destination with your partner for a week-long trip, but do not have the adequate money in your bank, or want to add a
‘IPO flipping in the Gujju genes,’ Kamath lauds Gujarat’s investor participation
Zerodha co-founder has praised Gujarat for having the highest initial public offering (IPO) participation, around 40 per cent, with investor participation of 9 per cent. In a post on X, he cited a study by the market regulator Sebi on investor participation in IPOs. “Gujarat accounts for about 9% of
Pakistan vs Bangladesh 2nd Test Day 5 Live Score: Historic win for BAN – Hindustan Times
Pakistan vs Bangladesh 2nd Test Day 5 Live Score: Historic win for BAN Hindustan Times We’ve already lost if we walk out expecting to lose – Gillespie Cricbuzz Bangladesh Humiliate Hosts Pakistan With 2-0 Test Series Sweep, Register Historic First NDTV Sports Pakistan vs Bangladesh Live Score Updates: Bangladesh on the verge of
Why It’s So Hard for China to Fix Its Ailing Economy
In 2004, as China’s economy was emerging as a global force, a group of researchers started conducting nationwide surveys asking Chinese people if they were better off financially than they were five years earlier. The percentage who felt wealthier climbed when surveyed five years later and again in 2014, when
Russia hints at changing stance on using nuclear weapons
Russian President Vladimir Putin attends a plenary session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 7, 2024. Anton Vaganov | Reuters Russia has again hinted that it’s making changes to its official stance on the use of nuclear weapons, amid Ukraine’s continuing incursion into
The choice facing Germany’s far right: radicalism or power
The far-right Alternative for Germany’s victory in a regional election places the party on the horns of a dilemma: does it actually want to govern? Or is it content to remain the arch troublemaker of German politics, forever raging from the sidelines at the Berlin machine? The AfD’s success in Thuringia,
New Zealand nearly triples levy on international tourists By Reuters
WELLINGTON (Reuters) – New Zealand will nearly triple entry fees for tourists, the government said on Tuesday, spurring criticism from the key tourism sector the higher levy will deter visitors. The government said in a statement it would increase the international visitor and conservation and tourism fees starting on Oct.