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Axis Bank to Infuse Rs. 1,612 crore in Max Life, Stake to Go up to 19.02 p
Updated : 2 years, 11 months ago IST
New Delhi [India], August 10: Pursuant to the approval of the Max Financial and Max Life Boards, Axis Bank will be infusing Rs. 1,612 Cr by subscribing to equity shares of Max Life, at fair market value determined basis DCF methodology. Axis Bank has received requisite approval from RBI for
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RBI revises inflation outlook for 2023-24, sees "substantial increase" in
Updated : 2 years, 11 months ago IST
The Reserve Bank of India has upwardly revised the country’s retail inflation projections for 2023-24 at 5.4 per cent, against 5.1 per cent it projected in its previous monetary policy meeting in June.
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RBI keeps repo rate unchanged in third straight policy meet
Updated : 2 years, 11 months ago IST
The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most financial markets had expected.
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CBUAE revokes licence of Dirham Exchange and registration of RMB Commercia
Updated : 2 years, 11 months ago IST
The administrative sanctions are the result of the examinations’ findings conducted by the CBUAE, revealing serious regulatory misconduct, including AML misconduct and collusion in evading CBUAE’s instructions to the exchange house not to engage in remittance transactions with certain countr
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CBI facilitates return of bank fraud accused from USA
Updated : 2 years, 11 months ago IST
The Central Bureau of Investigation, in close coordination with the Interpol channels in the USA, has facilitated the return of a Red Notice subject, T Ravindranath Gupta, who was wanted in a bank fraud case.
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moto g14: The sub 10k segment to go on sale starting 8th August on Flipkar
Updated : 2 years, 11 months ago IST
New Delhi [India], August 9: Motorola, India's best 5G smartphone brand, disrupted the sub 10k market with the launch of its latest entry level smartphone in the g series franchise, the moto g14. The game changing smartphone will be available for sale from 8th August, 12pm onwards on Flipkar
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RBI monetary policy: SBI Research expects another pause in interest rates
Updated : 2 years, 11 months ago IST
SBI Research expects the Reserve Bank of India to again put a pause on the key policy rates as the central bank’s third monetary policy committee meeting is currently underway. The outcome of the review meeting will be announced on Thursday morning.
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Experts expect status quo in interest rates from ongoing RBI monetary poli
Updated : 2 years, 11 months ago IST
In its previous meeting in early June, the central bank’s monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most analysts had expected. The RBI in its April meeting too had paused the repo rate.
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L&T Finance Holdings Ltd. Releases its First Integrated Annual Report
Updated : 2 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 9: L&T Finance Holdings Ltd. (LTFH), a leading non-banking financial company, has released its first Integrated Annual Report (IAR) with the theme ‘Accelerating towards Lakshya - Retail, Digital and Sustainable’. The theme describes the journey of LTF
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SK Finance Achieves Staggering Financial Results: PAT Increases by 66 per
Updated : 2 years, 11 months ago IST
New Delhi [India], August 9: SK Finance Limited, a leading Non-Banking Financial Company (NBFC) in India, has emerged triumphant with outstanding financial results for the period spanning from June 2022 to June 2023. Driven by a customer-first approach and fortified by over 28 years of finan
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India exported Ayush, Herbal products worth 1,240.6 million dollars in las
Updated : 2 years, 11 months ago IST
A total of 612.1 million dollar Ayush and Herbal products were exported in 2021-2022 while 628.25 million dollar Ayush and Herbal products were exported in 2022-2023, Union Minister for Ayush Sarbananda Sonowal informed through a written reply in the Upper House while responding to the query
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Two-wheeler loans from L&T Finance now available on Bajaj Markets
Updated : 2 years, 11 months ago IST
Pune (Maharashtra) [India], August 8: Two-wheeler loans from L&T Finance are now available on Bajaj Markets, a subsidiary of Bajaj Finserv. Get a two-wheeler loan for up to 100% of the bike value (on-road price) from L&T Finance by accessing it on the digital platform.
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