Search For "bank"
Goldman Sachs expects India to stick to 5.1 pc fiscal deficit announced in
Updated : 1 year, 8 months ago IST
Investment banking company Goldman Sachs expects the central government to stick to the announced fiscal deficit target of 5.1 per cent of GDP for 2024-25 in the upcoming Budget to be tabled on July 23 and announce further consolidation to a deficit of below 4.5 per cent in 2025-26.
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SACC India and HDFC Bank Support Start-ups
Updated : 1 year, 8 months ago IST
Gurugram (Haryana) [India], July 8: Start-up Accelerator Chamber of Commerce (SACC) India proudly announced the winners of its most recent cohort for the SACC India Pragati Seed Grant Program under the esteemed HDFC Parivartan Start-up Grants. This grants program provides funding to incubato
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India doubts credibility of Citigroup report on state of employment
Updated : 1 year, 8 months ago IST
The central government on Monday strongly refuted the recent Citigroup report put out on the state of employment in India and the outlook around it.
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Star Health Insurance Partners with Himachal Pradesh State Cooperative Ban
Updated : 1 year, 8 months ago IST
Shimla (Himachal Pradesh) [India], July 8: Star Health and Allied Insurance Company Limited (Star Health Insurance), (BSE: 543412) (NSE: STARHEALTH) India's largest retail health insurance company announced a strategic corporate agency agreement with Himachal Pradesh State Cooperative Bank (
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Reforms in pension scheme, tax on deposits, PSBs' consolidation must be on
Updated : 1 year, 8 months ago IST
The key reforms brought in over the past decade were Jan Dhan; Digitization, financial inclusion; recapitalisation of PSBs; API-based banking; Insolvency and Bankruptcy Code; GST; and platform business models, among others.
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Union Budget should focus on fiscal prudence, tax restructuring, agricultu
Updated : 1 year, 8 months ago IST
As the central government prepares for the upcoming budget on July 23rd, a research report by the State Bank of India (SBI) highlights crucial areas that need attention to drive sustainable economic growth and development.
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Private sector banks in India lead market cap surge; Axis Bank shines with
Updated : 1 year, 8 months ago IST
The data highlights a surge in the market capitalization of private sector banks for the three months ending June 30, with the sector showing stronger metrics compared to their public sector counterparts.
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Pakistan's public sector enterprises suffocate under mounting PKR 1.7 tril
Updated : 1 year, 8 months ago IST
Despite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR 1.7 trillion, with an additional borrowing exceeding Rs43 billion in the fiscal year 2024.
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Credit growth in India expected to exceed nominal GDP this fiscal: SBI Cap
Updated : 1 year, 8 months ago IST
Credit growth in the Indian banking sector is expected to exceed nominal GDP growth in the current financial year 2024-25, growing at 13-15 per cent, according to SBI Capital Markets.
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BSF organises "Grow with the Trees" plantation drive in Srinagar
Updated : 1 year, 8 months ago IST
Border Security Forces (BSF), in association with SBI Bank, organised a "Grow with the Trees" plantation drive at BSF Headquarters in Srinagar on Saturday.
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Emerald Finance Reports 115 per cent Increase in Q1 FY25 Consolidated EBIT
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], July 6: Emerald Finance Limited (BSE:EMERALD), is a dynamic company offering a spectrum of banking products and financial services, announced its Unaudited Financial Results for Q1 FY25.
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RBI penalizes five banks, including PNB, for regulatory non-compliance in
Updated : 1 year, 8 months ago IST
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in the first week of July for non-compliance with various RBI directions.
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