Page 4 - Nikesh Singh

Rozgar mela has become a new identity of BJP govt: PM Narendra Modi

PM Modi distributed about 70,000 appointment letters to newly inducted recruits

BoB receives Rs 10,000 crore via Rs 2,000 note deposits, exchange

The senior official on Sunday told Business standard that his bank had received around Rs 9,000 crore worth of Rs 2,000 currency notes as deposits

Capital expenditure by 54 large CPSEs, key depts rose 93% in April-May

NHAI and Railways start the capex cycle on a stronger note

Easy trade finance system key to achieve $2 trn export target by 2030: DGFT

Traders and the government have to work on the issue of obtaining easy finance both for domestic and cross-border trade

MPC meeting: Continued pause on policy rate to push growth, says industry

The MPC voted 5 members to 1 to remain focused on the withdrawal of accommodation

RBI should continue with pause, change its stance to neutral: CII President

Says Indian economy likely to grow at 6.5-6.7% in FY24

Core sector output growth slows to six-month low of 3.5% in April

The growth rate of the index of eight core industries (ICI) during 2022-23 was 7.7% (provisional), the ministry said in a release

FinMin urges PSBs to settle small debt defaults by taking haircuts

Says this would enable in reduction of pending cases at DRTs and enhance recovery for banks

Irdai to create state insurance plan mirroring SLBCs: Debasish Panda

Aim is to bring down regulations and promote innovation in the sector

Fake ITCs under GST regime huge challenge for govt: CBIC

The government has implemented validation measures and adopted mandatory physical verification on a risk-based approach

PNB Housing well capitalised to support loan growth in FY24: Girish Kousgi

'The HFC recently entered the affordable segment, and disbursed around Rs 137 crore till the end of Q4 of 2022-23'

PNB Q4 net profit jumps fivefold to Rs 1,159 crore as interest income rises

Net NPAs stood at 2.72 per cent from 4.80 per cent a year ago and 3.30 per cent a quarter ago

PNB Housing Finance Q4 net rises 65% to Rs 279 cr on improved margins, NII

The housing finance company (HFC) had booked a net profit of Rs 170 crore in the March quarter of FY22 and Rs 269 crore in Q3FY23

DPIIT seeks GST rate reduction for certain segments of leather sector

Leather products exporters have also expressed resentment over the hike in the GST from 5 per cent to 12 per cent on finished leather

FinMin invites applications to appoint CEO and chairperson of NLMC

ACC has approved a committee to appoint executives and board members of NLMC

Sponsor banks need to proactively handhold RRBs for tech adoption: DFS

In FY22 and FY23, the Centre had decided to infuse Rs 10,890-crore into RRBs

Capex by large state-run firms jump 121% to Rs 53,000 crore in April

Expenditure cycle of NHAI, petroleum CPSEs off to a strong start

Claim disbursements under PMJJBY surged 438% in FY22, shows data

Persons in the age group of 18-50 years having an individual bank or post office account are entitled to enrol under the scheme

Punjab & Sind Bank will improve underwriting standards: MD & CEO Saha

We had a growth of 15 per cent in advances and more than 7 per cent in the deposit side in FY23. The gap of 8 per cent is in line with the industry trends - MD & CEO Saha

Go First insolvency will impact investor confidence: SpiceJet's Ajay Singh

'The factors behind the Go First crisis were beyond its control'