The Big Bank of India Catch the Glitter in Gold loans
KOLKATA: A new wave is catching on to the banking sector of India amidst the global health crisis. Gold loans seem to be the order of the day for the…
KOLKATA: A new wave is catching on to the banking sector of India amidst the global health crisis. Gold loans seem to be the order of the day for the…
KOLKATA: A few weeks ago, the board of Mukesh Ambani-led Reliance Industries Limited (RIL) announced the approval of a plan to raise ₹53,125 Crore. The board proposed to do this…
KOLKATA: On Monday, National Bank for Agriculture and Rural Development (NABARD) announced the disbursal of ₹20,500 Crores worth of special liquidity facility, to cooperative banks and regional rural banks (RRBs).…
A few years ago, CEO of Japanese conglomerate SoftBank, Masayoshi Son, unveiled a 100 Billion dollar fund named the SoftBank Vision Fund 1. He had shared his plans of raising…
On Monday, Ministry of Labour and Employment, announced a revision in the rate of provident fund contribution. Now, employees and employers, have to pay 10% of their salaries to the…
KOLKATA: India-based biopharmaceutical company, Biocon posted a 42.3% year-on-year (YoY) fall in its net profut for the march-end quarter(Q4) of the last fiscal(FY2019-20). Its net profit stood at ₹123.4 Crore…
KOLKATA: On Friday, Paytm Payments Bank (PPBL) launched a ‘cash-at-home’ initiative which would be only limited for senior and different-abled Indians. This scheme comes amid the nationwide pandemic that has…
On Friday, a Supreme Court bench, led by Justice L Nageswara Rao, issued a notice to the Reserve Bank of India and the Ministry of Finance asking whether it is…
On Friday, data released by the Indian Ministry of Commerce show that merchandise exports fell sharply down to 60.3% while imports shrunk by 58.7%. This fall has led to a…
KOLKATA: Leading states, all over India, have reported that they are collectively looking at about ₹97,100 Crore in losses of revenue for the month of April, 2020. Moreover, the administrations…