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- Social safety net product Bima Vistaar being developed for Bima Sugam
The regulator last month had formed a 24-member committee, headed by Devasia, to develop an affordable, accessible and comprehensive cover - Bima Vistaar -- for rural population
- PNB gets Centre's approval to divest its entire stake in UTI AMC
The bank holds 15.22 per cent stake in UTI AMC worth around Rs 1300 crore at current valuation
- SBI likely to raise Rs 10,000 crore through infrastructure bonds
The planned issuance worth Rs 10,000 crore includes a greenshoe option of Rs 5,000 crore, the bank said
- HDFC Bank elevates Bharucha as Deputy MD, appoints Zaveri as ED
Decision comes ahead of merger; RBI had halted move ahead of Aditya Puri's retirement
- SBI to consider raising $1.2 billion through infrastructure bonds
The fundraising, if approved, would be through a public issue or private placement during fiscal 2023, the bank added
- Monetary policy faces severe information constraints: RBI DG Patra
The moment inflation is released by NSO, it gets hit by unanticipated shocks, says RBI Deputy Governor Michael Patra
- Lagged data, frequent reviews make monetary policy's task tough: RBI Dy Guv
Reserve Bank Deputy Governor Michael Patra on Thursday said formulating monetary policy is a challenging task in a volatile environment like the current one, given lagged data inputs, which are also […]
- ICICI Bank to acquire 10% stake in 9MMTPA refinery JV of IOCL and CPCL
ICICI Bank will subscribe 10% of total paid up capital of the target entity
- Rupee gains 26 paise to 81.67 against dollar as US currency retreats
The rupee appreciated 26 paise to 81.67 against the US dollar in early trade on Thursday as the American currency retreated from its elevated levels. At the interbank foreign exchange, the domestic […]
