BUSINESS

Image Source : PTI. India needs 4-5 more SBI sized banks: FM Nirmala Sitharaman.  India needs a lot more banks and a lot more large-sized ones to meet the growing needs of the country needs in the path of making a smart recovery post pandemic disruptions, Finance Minister Nirmala Sitharaman ...

Image Source : PTI Diesel price rise again Auto fuel prices in the country have maintained stability amid volatility in global oil prices, but the oil marketing companies on Sunday increased the pump price of diesel marginally while maintaining stability in petrol prices. Accordingly, diesel prices increased by 25 paise ...

Image Source : PTI/FILE Bank Holidays October 2021: Banks to remain closed for 21 days | Check full list  All public and private banks will be closed for 21 days, including second and fourth Saturdays and Sundays in October, owing to festivals, as per the Reserve Bank of India (RBI) ...

Image Source : PTI RBI Alert: Reserve Bank of India changes rules for loan transfer; issues master direction for banks, NBFCs The Reserve Bank on Friday issued Master Direction on loan transfer, requiring banks and other lending institutions to have a comprehensive board-approved policy for such transactions. Loan transfers are resorted ...

Image Source : HDFC HDFC sells part of invoked shares of Ansal Housing to recover dues Housing Development Finance Corporation Ltd (HDFC) on Saturday said it has sold a part of the shares, invoked by it of Ansal Housing, to recover its dues. In August, HDFC had invoked 46,20,000 shares ...

Image Source : PTI RBI imposes Rs 79 lakh penalty on Mumbai-based Apna Sahakari Bank The Reserve Bank has imposed a penalty of Rs 79 lakh on Apna Sahakari Bank, Mumbai for non-compliance with certain directions, including on NPA classification. The RBI said statutory inspection of the bank revealed that ...

Image Source : INDIA TV Journey of Sensex From hitting the 1,000-mark on July 25, 1990 to reaching the 60,000-mark for the first time on Friday, it has been a historic and memorable journey for the benchmark index Sensex. It has taken a little over 31 years for the Sensex ...

Image Source : PTI/REPRESENTATIVE Mumbai, Bangalore, London Named among World’s top Startup Hubs London, Mumbai and Bangalore have featured among the world’s top startup hubs, according to a comprehensive ranking of international startup hubs compiled by Startup Genome for its annual Global Startup Ecosystem Report 2021. Despite Brexit and the ...

Image Source : FREEPIK Sensex rallies over 350 points to hit 60,000; Nifty above 17,900  Equity benchmark Sensex rallied over 350 points to hit the 60,000-mark for the first time in opening trade on Friday, led by strong gains in index majors Infosys, HDFC Bank and TCS.  The 30-share Sensex ...

Image Source : FREEPIK Sensex rallies over 400 points to hit 60,000; Nifty above 17,900  The BSE Sensex rallied over 400 points to scale a fresh lifetime high of 60,000 on Friday. NSE Nifty50 also touched its new record high to trade above 17,900 for the first time ever. Latest ...