This primarily was the consequence of the persistence and perseverance of Dr J Rafiq Ahmed, Chairman, Phoenix Kothari Footwear Private Ltd., an associate company...
The two have decided to sign soon an agreement to this effect.
The transaction, upon completion, will expand Federal Bank’s credit card base and significantly...
The RBI’s six-member rate-setting panel met over three days—August 4th, 5th, and 6th—to assess macroeconomic conditions and calibrate its response to the shifting global...
India Ratings and Research has placed Jana Small Finance Bank on rating watch.
This portents negative implications for the bank.
This is especially so in view of the...
The MPC also decided to continue with the neutral stance, while retaining the flexibility to respond judiciously to incoming information.
Consequently, the standing deposit facility...
Several small commercial banks in the private sector have been taking extensive recourse to technology and have come out with excellent results.
The 102-year old...
"We have much at stake –building further on the highly successful Pradhan Mantri Jan-Dhan Yojana (PMJDY), an MSME credit market, still underserved, estimated at...
The decision was made during the first Monetary Policy Committee (MPC) meeting of the financial year 2025-26, held from April 7-9.
 In a parallel move...
In Tamil Nadu, power hungry industries needed electricity at a cheaper cost. “Captive consumption, wheeling and banking arrangements gave companies a way to generate...
