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Business - Page 577

Banks need to re-strategise their biz plan to deal with credit & deposit growth gap: Das

7 Jun 2024 9:52 PM IST
Mumbai: Banks need to re-strategise their business to deal with the persistent gap between credit and deposit growth, RBI Governor Shaktikanta Das...

‘Payments outages due to failure in banks’ systems and not NPCI’

7 Jun 2024 9:52 PM IST
Mumbai: Governor Shaktikanta Das on Friday said the Reserve Bank of India has found that the public suffers challenges in executing online payment...

RBI hikes bulk deposit threshold to `3 cr for better asset liability management

7 Jun 2024 9:51 PM IST
Mumbai: The Reserve Bank on India on Friday hiked the threshold for bulk fixed deposits to Rs 3 crore from existing Rs 2 crore with a view to improve...

RBI permits automatic replenishment of wallet

7 Jun 2024 9:51 PM IST
Mumbai: The RBI on Friday proposed a facility to allow customers to automatically replenish their UPI Lite wallets to promote small-value digital...

Sensex hits lifetime high on RBI's growth projection upgrade

7 Jun 2024 5:00 PM IST
The benchmark Sensex witnessed a remarkable surge, soaring by more than 1,720 points or over 2 per cent to achieve lifetime intra-day record highs on...

Adani Ports receives LOI for O&M of container terminal at Kolkata port

7 Jun 2024 4:45 PM IST
Ahmedabad: Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest port developer-cum-operator, has received the letter of intent...

ONGC seeks global expertise to optimize Mumbai high field production

7 Jun 2024 2:43 PM IST
ONGC is actively seeking the expertise of a globally renowned 'Technical Service Provider' to optimize production from its ageing Mumbai High field...

Sensex soars 1,418 points, Nifty hits 23,215; market cap surges by Rs 5.8 lakh crore

7 Jun 2024 2:37 PM IST
In today's trading session, domestic stocks continued their upward momentum for the third consecutive day, with significant gains seen across all...

RBI holds repo rate at 6.5% amid economic forecasts

7 Jun 2024 11:35 AM IST
The Reserve Bank of India's Monetary Policy Committee (MPC) convened on Wednesday and decided to keep the repo rate steady at 6.5% for the eighth...

Clean energy: India offers $500 bn investment opportunities by 2030

6 Jun 2024 11:33 PM IST
New Delhi: India offers huge investment opportunities worth over $500 billion, particularly in clean energy value chain including renewables, green...

13 IPEF members ink clean, fair economy agreements

6 Jun 2024 11:31 PM IST
New Delhi: The government on Thursday said 13 IPEF (Indo-Pacific Economic Framework for Prosperity) bloc members have signed fair and clean economy...

Vedanta gets approval for demerger from majority of creditors, including SBI: Official

6 Jun 2024 11:31 PM IST
New Delhi: Mining conglomerate Vedanta Limited has received approvals from the majority of its creditors for a proposed demerger of businesses,...
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