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Business - Page 514

To check unauthorised players, RBI to set up public repository of DLAs

8 Aug 2024 10:45 PM IST
Mumbai: The Reserve Bank on Thursday proposed to create a public repository of digital lending apps (DLAs) in a bid to address the problems arising...

‘India’s forex stocks at record high of $675 bn’

8 Aug 2024 10:45 PM IST
Mumbai: India’s forex reserves touched a record high of $675 billion on August 2, RBI Governor Shaktikanta Das said on Thursday. The previous...

Low deposit growth: Banks asked to use innovative products to raise funds

8 Aug 2024 10:44 PM IST
Mumbai: Concerned over household savings moving towards alternative investment avenues, RBI Governor Shaktikanta Das on Thursday asked banks to...

‘Trend of top-up loans for speculative use limited to few banks’

8 Aug 2024 10:44 PM IST
Mumbai: RBI Governor Shaktikanta Das on Thursday said the “trend” of using top-up loans for speculative use has been found in certain banks and is not...

Corporate Kaleidoscope

8 Aug 2024 10:44 PM IST
President of Uganda Yoweri Kaguta Museveni and Vice President of Uganda, Jessica Alupo dedicated Nebbi and Arua Sub-stations built with POWERGRID as...

LIC profit rises 10% to Rs 10,461 crore in Q1

8 Aug 2024 10:43 PM IST
New Delhi: Life Insurance Corporation of India (LIC) on Thursday reported a 10 per cent rise in its net profit to Rs 10,461 crore in the June 2024...

GAIL & RRVUNL ink agreement to promote clean power in Rajasthan

8 Aug 2024 10:43 PM IST
Jaipur: GAIL (India) Ltd and Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL) on Thursday joined hands to optimise the operations of RRVUNL’s...

Wind project: PFC secures JPY 25.5 bn loan from JBIC

8 Aug 2024 10:42 PM IST
New Delhi: State-owned Power Finance Corporation (PFC) on Thursday said that it has secured a loan of 25.5 billion Japanese yen (around Rs 147 crore)...

Birla Corp reports capacity utilisation of 91% in June quarter

8 Aug 2024 10:40 PM IST
Kolkata: Unusually weak cement prices and sluggishness in demand, coupled with an unprecedented downturn in the jute industry, weighed down Birla...

Surge in top-up housing loans not system-wide issue, says RBI Governor

8 Aug 2024 1:51 PM IST
Mumbai: Reserve Bank Governor Shaktikanta Das on Thursday said surge in top-up housing loans is not a system-wide issue but confined to few entities....

Highlights of Reserve Bank's monetary policy announced on Thursday

8 Aug 2024 12:30 PM IST
Mumbai: Following are the highlights of the Reserve Bank's bi-monthly monetary policy announced on Thursday:- Benchmark interest rate (repo) retained...

RBI to set up public repository of digital lending apps to check unauthorised players

8 Aug 2024 11:30 AM IST
Mumbai: The Reserve Bank on Thursday proposed to create a public repository of digital lending apps in a bid to address the problems arising from...
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