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RBI Governor Shaktikanta Das sticks to stand on crypto assets ban
Business

RBI Governor Shaktikanta Das sticks to stand on crypto assets ban

Posted on: October 20, 2023

[ad_1] Reserve Bank of India (RBI) Governor Shaktikanta Das sought to reaffirm on Friday that the central bank’s stance on banning crypto assets remained unchanged despite a […]

Kotak Mahindra Bank gets RBI approval to acquire MFI Sonata Finance
Business

Kotak Mahindra Bank gets RBI approval to acquire MFI Sonata Finance

Posted on: October 20, 2023

[ad_1] Private-sector lender Kotak Mahindra Bank on Friday said it received Reserve Bank of India’s (RBI’s) approval to acquire 100 per cent stake in micro-lender Sonata Finance. […]

RBI imposes Rs 2.50-cr penalty on L&T Finance for non-compliance of norms
Business

RBI imposes Rs 2.50-cr penalty on L&T Finance for non-compliance of norms

Posted on: October 20, 2023

[ad_1] The Reserve Bank of India (RBI) has charged the Non-Banking Finance Company (NBFC) L&T Finance with Rs 2.50 crore for failing to adhere to certain regulatory […]

JSW Energy Q2 profit jumps 83% to Rs 850 crore on power demand surge
Business

JSW Energy Q2 profit jumps 83% to Rs 850 crore on power demand surge

Posted on: October 20, 2023

[ad_1] Indian power producer JSW Energy on Friday reported a near 83% rise in second-quarter profit, boosted by a surge in power demand and fall in fuel […]

Poonawalla Fincorp reports 77% jump in net income at Rs 230 cr for Sept qtr
Business

Poonawalla Fincorp reports 77% jump in net income at Rs 230 cr for Sept qtr

Posted on: October 20, 2023

[ad_1] The record profit is driven by record loan sales and improvement in asset quality, he managing director Abhay Bhutada said in a statement. Poonawalla Fincorp on […]

Hindustan Zinc engages advisory firm for study on its plans to spin off biz
Business

Hindustan Zinc engages advisory firm for study on its plans to spin off biz

Posted on: October 20, 2023

[ad_1] Vedanta group firm Hindustan Zinc has engaged a leading advisory firm to study its plans of spinning off business into three separate entities to increase its […]

Air India starts programme to boost pilots’ mental health: CEO Wilson
Business

Air India starts programme to boost pilots’ mental health: CEO Wilson

Posted on: October 20, 2023

[ad_1] Air India has this week started a peer support programme (PSP) under which guidance from mental health professionals will be provided to any pilot in need, […]

RBI to conduct open market bond sales to absorb durable liquidity
Business

RBI to conduct open market bond sales to absorb durable liquidity

Posted on: October 20, 2023

[ad_1] India’s central bank will conduct open market sales of bonds once government spending picks up and there is an improvement in the durable liquidity surplus, two […]

Titagarh Rail Systems bags Rs 350 crore metro rail contract from GMRC
Business

Titagarh Rail Systems bags Rs 350 crore metro rail contract from GMRC

Posted on: October 20, 2023

[ad_1] Titagarh Rail Systems Ltd (TRSL) on Friday said it has bagged a contract worth Rs 350 crore from Gujarat Metro Rail Corporation (GMRC). Under the […]

Govt to start giving shape to semiconductor research centre from 2024: Min
Business

Govt to start giving shape to semiconductor research centre from 2024: Min

Posted on: October 20, 2023

[ad_1] Rajeev Chandrasekhar, Union Minister of State for Electronics and IT Ministry of Electronics and IT will start setting up Bharat semiconductor Research Centre from next year […]

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