Search For "public sector"
Public Sector Banks Embrace AI-driven Debt Collection with Spocto X, Boost
Updated : 11 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], April 3: Public Sector Banks (PSBs) are rapidly embracing AI-powered digital solutions to revolutionize debt collections, driven by the urgent need to reduce Non-Performing Assets (NPAs) and enhance recovery outcomes. Leading this transformation is Spocto X-a Yu
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RVNL secures NHAI project worth Rs 554.64 crore for six-lane connectivity
Updated : 1 year ago IST
Rail Vikas Nigam Limited (RVNL), a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Railways, has been awarded a major road infrastructure project by the National Highway Authority of India (NHAI) for the construction of six-lane connectivity to Visakhapatnam Port Road
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IIM Mumbai and CAG of India signs MoU on Logistics, Supply Chain, and Inve
Updated : 1 year ago IST
In a significant move to enhance the efficiency and transparency of public sector logistics, supply chain, and inventory management, the Indian Institute of Management Mumbai (IIM Mumbai) and the Comptroller and Auditor General (CAG) of India signed a Memorandum of Understanding (MoU) here t
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NCOBC delegation raises OBC participation issues in Central govt, PSUs wit
Updated : 1 year ago IST
The delegation discussed issues related to the OBC community's participation in the Central Government and Public Sector Undertakings (PSUs). During the meeting, the delegation presented their concerns, seeking greater representation and addressing challenges faced by OBC employees in these
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AP govt signs MOU with Gate Foundation to integrate technology across key
Updated : 1 year ago IST
The MoU aims to leverage technology for public welfare by integrating cost-effective and scalable solutions across key sectors of Healthcare, MedTech, Education, and Agriculture.
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Piramal Finance Partners with Punjab & Sind Bank to Boost Lending in S
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 18: Piramal Capital & Housing Finance Limited (Piramal Finance), a leading Non-Banking Financial Company (NBFC), and Punjab & Sind Bank, one of India's premier public sector banks, have entered into a strategic co-lending partnership to enhance cre
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PM Surya Ghar Muft Bijli Yojana led to 10 lakh homes becoming solar-powere
Updated : 1 year ago IST
The scheme offers collateral-free loans of up to Rs 2 lakhs at a marginal interest rate of 6.75 per cent through 12 public sector banks. So far over 3.10 lakh loan applications have been received by banks and over 1.58 lakh sanctioned. Loans under the scheme are disbursed to over 1.28 lakh a
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Increased private sector participation necessary for balanced and sustaina
Updated : 1 year ago IST
According to the rating agency, public sector investments and spending made by the government in the Union Budget announcements after the pandemic have paid off, with fixed investments being the key driver of GDP growth until the fiscal year 2024.
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CAG, 16th Finance Commission hold consultation on public finance, lays emp
Updated : 1 year ago IST
The deliberations mainly focused on three key areas: Union and State Finances, Local Bodies, and Public Sector Enterprises (PSEs), among others. The Union, states, local bodies and the PSEs are under the audit of the CAG. In addition, the CAG also maintains the accounts of the states.
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CAG, 16th Finance Commission hold consultation on Public Finance
Updated : 1 year ago IST
The high-level consultation formed a critical part of the Commission's ongoing assessment of the financial landscape of the Centre and States. The deliberations mainly focused on three key areas: Union and State Finances, Local Bodies, and Public Sector Enterprises (PSEs), among others. The
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With a revenue of over Rs 26,600 crore IRFC becomes India's third-largest
Updated : 1 year ago IST
IRFC has played a key role in funding nearly 80 per cent of Indian Railways' rolling stock and was the first CPSE to issue a 30-year tenor bond in overseas markets.
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Congress MP Jairam Ramesh criticizes PM Modi over PSU stock crash
Updated : 1 year ago IST
Congress MP Jairam Ramesh criticized PM Modi's claims about PSU stock value surges, stating that falling stock prices reveal the government's agenda to dismantle the public sector and hand over its assets to a select few.
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