Search For "provisioning"
Indian banks to bolster resilience under RBI's regulatory reforms: Fitch
Updated : 7 months, 3 weeks ago IST
Indian banks are set to strengthen their financial resilience under the Reserve Bank of India's (RBIs) proposed regulatory reforms, global rating agency Fitch Ratings said in a report released on Sunday.
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Novacore Innovations Becomes India's First GPU Cloud to Deploy NVIDIA Blac
Updated : 8 months, 1 week ago IST
Mumbai (Maharashtra) [India], August 29: Novacore Innovations, headquartered in Mumbai, today announced the deployment of India's first GPU cloud platform powered by NVIDIA Blackwell servers, marking a milestone for the nation's AI infrastructure and global competitiveness. Founded in late 2
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SJK Innovations Completes 100th Patented iTRS Machine for Indian Airports
Updated : 10 months, 3 weeks ago IST
Coimbatore (Tamil Nadu) [India], July 18: SJK Innovations involved in the field of provisioning of automated Discrete Material Handling Solutions across varied industrial verticals like airports, logistics, e-commerce, distribution hubs etc. SJK proudly shares 100th despatch of its patented
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RBI guidelines reducing provisioning for project finance are credit positi
Updated : 11 months, 1 week ago IST
The Reserve Bank of India's (RBI) final guidelines for project finance loans, aimed at managing risks while supporting the viability of projects, are credit positive according to Moody's Ratings.
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RBI's Rs.10 Lakh Crore Credit Unlock a Major Boost for the Sustainable Blu
Updated : 11 months, 2 weeks ago IST
Kochi (Kerala) [India], June 23: Kings Infra Ventures Ltd. welcomes the Reserve Bank of India's decisive policy to reduce provisioning norms for infrastructure lending -- a silent yet powerful enabler that unlocks over Rs.10 lakh crore in credit for India's future-ready sectors.
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RBI issues final guidelines on project finance; new norms effective from O
Updated : 11 months, 3 weeks ago IST
The Reserve Bank of India (RBI) on Wednesday issued the final Reserve Bank of India (Project Finance) Directions, 2025 which lays down the comprehensive framework for income recognition, asset classification, and provisioning norms for project loans under implementation.
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Telecom operators association COAI opposes Mumbai Metro's vendor-driven mo
Updated : 1 year, 1 month ago IST
The Cellular Operators Association of India (COAI), representing India's leading telecom service providers - Bharti Airtel, Reliance Jio and Vodafone Idea - has strongly opposed in what it termed as "illegal and anti-consumer model" adopted by Mumbai Metro Rail Corporation (MMRC) for provisi
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Punjab Government appoints Nageswara Rao as new chief for Vigilance depart
Updated : 1 year, 3 months ago IST
As per an order G. Nageswara Rao, ADGP/Provisioning, Punjab, has been posted as the new Chief Director of the Vigilance Bureau, Punjab, replacing Varinder Kumar. Varinder Kumar has been relieved from the charge of Chief Director and will report to the Director General of Police, Punjab. Read More
J-K: Indian Army evacuates civilians, tourists stranded in Gulmarg amidst
Updated : 1 year, 5 months ago IST
In a social media post on X, Chinar Corps, Indian Army wrote, "Chinar Warriors responded to a distress call from civil administration to evacuate tourists stranded due to unprecedented heavy snowfall in tourist destination of Gulmarg and the subsequent closure of the road to Tanmarg. Prov
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Banking sector reforms are paying its dividend to Indian Economy: Nirmala
Updated : 1 year, 8 months ago IST
Sitharaman said, "The soundness and resilience of India's banking sector have been underpinned by a sustained policy focus on asset quality improvements, enhanced provisioning for bad loans, sustained capital adequacy, and a rise in profitability."
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PayU Launches Innovative Push Provisioning Platform for Faster, Secure Car
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], August 29: PayU, one of India's leading digital financial services providers, announced the launch of its advanced 'Push Provisioning' platform at the Global Fintech Festival (GFF) 2024. This new dynamic solution, offered in partnership with all major card netwo
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Ambuja Cements announces Rs 1600 cr investment to set up 6 MTPA cement gri
Updated : 1 year, 10 months ago IST
The project will be implemented in three phases, with the first phase of 2.4 MTPA at an investment of Rs 1100 crore targeted to be commissioned by December 2025. Adequate provisioning of land for future expansion is in place, which will be commissioned in due course at a much lower capita
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