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RBIs new governor stand of a flexible rupee led to 1.8pc depreciation agai
Updated : 1 year ago IST
The policy shifts by the RBI in managing the Indian currency against the US Dollar have significantly impacted the Rupee against the dollar, says a report by Union Bank of India.
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Axis Max Life Insurance and YES BANK Celebrate Two Decades of Bancassuranc
Updated : 1 year ago IST
New Delhi [India], March 1: Axis Max Life Insurance and YES BANK celebrate a significant milestone - 20 years of steadfast partnership - demonstrating one of the most enduring bancassurance collaborations.
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Future growth trajectory of India will be led by revival in private invest
Updated : 1 year ago IST
The future growth trajectory of the country will be led by revival in the private investment, says a report by State Bank of India (SBI).
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Telangana SLBC tunnel collapse: "We have no information about...", say tra
Updated : 1 year ago IST
Rescue operations are actively underway at the site of the tunnel collapse at the Srisailam Left Bank Canal (SLBC) in Nagarkurnool. The family members of a worker who remains trapped are awaiting the safe recovery of their loved one with great concern.
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India's per capita GDP jumps by over Rs 40,000 in two years: SBI Report
Updated : 1 year ago IST
India's per capita GDP at current prices is estimated to reach Rs 2.35 lakh in the financial year 2024-25 (FY25), driven by better policy-making and improved distribution of benefits through the Direct Benefit Transfer (DBT) system, according to a report by the State Bank of India (SBI).
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India can produce and sell technology at a lower cost than China: World Ba
Updated : 1 year ago IST
India has the potential to produce technology at a lower cost than China if it can master and manufacture it efficiently, said World Bank Country Director Auguste Tano Kouame. He highlighted that India's large workforce gives it a competitive edge in the global market.
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NABARD sees Rs 2.8 lakh crore priority sector lending potential in Punjab
Updated : 1 year ago IST
National Bank for Agriculture and Rural Development (NABARD) is India's apex development bank, established in 1982, to promote sustainable and equitable agriculture and rural development.
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India must grow 7.8% annually to achieve developed nation status by 2047:
Updated : 1 year ago IST
World Bank on Friday said India will need to grow by 7.8 per cent on average over the next 22 years to achieve the country's aspirations of becoming a developed country by 2047.
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BUSINESSNEXT Launches an Advanced Triple-layer AI-powered Retail Banking C
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], February 28: BUSINESSNEXT, a global leader in composable enterprise solutions for the financial services sector, has introduced triple-layer AI-powered Retail Banking Customer 360, designed to help banks gain deep customer insights and enable autonomous actions
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After strict regulations in 2023 & 2024, RBI's Policy shift boosts Ban
Updated : 1 year ago IST
After a period of strict regulations in 2023 and 2024, the Reserve Bank of India (RBI) has now shifted its stance, benefiting the banking sector in a significant way, according to a report by CLSA Research.
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Karnataka: Congress sowed seeds of divisive politics, now facing consequen
Updated : 1 year ago IST
He said at a press conference, "Congress leaders Rahul Gandhi and Priyanka Gandhi assured that the guarantee scheme money would be transferred without fail. However, their words have not turned into action. People are not receiving the money in their bank accounts as promised. Let them an
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Delhi police nabs two fraudsters involved in Bank fraud cases
Updated : 1 year ago IST
The Delhi police nabbed two snatchers who were involved in bank fraud cases on Thursday.
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