Mumbai, Mar 06 (ANI): Reserve Bank of India (RBI) has put Yes Bank under moratorium and capped its withdrawal limit to Rs 50,000 for its account holders per month. Board of Directors has been superseded for period of 30 days. Decision was taken by the Central Bank as Yes Bank struggled to raise capital over bad loans.    

RBI caps withdrawal limit from Yes Bank to Rs 50,000

He says SBI is comfortable with liquidity with overall credit deposit ratio at a modest 68 per cent and the aim is to maintain incremental CD ratio at 100 per cent

Jamshyd Godrej and Nyrika Holkar talked about the development of 1,000 acres of prime land in Mumbai, future investment plans, and the need for brand change

As part of the MoU, the industry bodies will exchange sectoral insights and development strategies with each other

Lava Yuva 4 launched. Redmi K80 series in China. Amazon's maiden Black Friday sale. OnePlus Ace 5 to be rebranded as the OnePlus 13r. xAI's standalone app for Grok. Samsung Galaxy S25 series

Although the government has not provided any timeframe to reach the 60 million target, the pace seems to have become a cause of concern in a country which is greying rapidly

The Odisha government on Thursday approved 20 investment projects worth Rs 1.36 lakh crore, an official statement said.
The High-Level Clearance Authority (HLCA) headed by Chief Minister Mohan Charan Majhi has approved the projects, poised to generate employment for over 74,350 individuals and significantly bolster the state's economic growth, it said.
The approved projects span nine sectors including steel, chemicals, aluminium, aviation fuel, green energy and equipment, apparel and textiles, power and renewable energy and cement.
These projects will be set up in 10 districts of Odisha such as Jajpur, Jharsuguda, Khurda, Sambalpur, Ganjam, Kalahandi, Malkangiri, Dhenkanal, Bhadrak and Jagatsinghpur, it said.
"Through strong cooperation between the state and central governments, we have fostered a business-friendly environment that attracts investors to Odisha. Our focus is on creating an ecosystem that promotes inclusive growth, sustainability, and job creation," Majhi said.
The 

The approved projects span nine sectors including steel, chemicals, aluminium, aviation fuel, green energy and equipment, apparel and textiles, power and renewable energy and cement

The estimated revenue deficit stands at Rs 34,743 crore (2.12 per cent of the GSDP), while the fiscal deficit is estimated at Rs 68,743 crore (4.19 per cent of the GSDP)

The Andhra Pradesh government is expected to present the state budget on Monday, during the assembly session starting tomorrow, according to official sources.
The budget is expected to be presented with just over four months remaining in the FY 2024-25.
The TDP-led NDA government had previously promulgated an ordinance approving a Vote-on-Account budget of Rs 1.3 lakh crore for the period from August to November.
Earlier, the previous YS Jagan Mohan Reddy-led YSRCP government had presented a Vote-on-Account budget in February covering April to July, ahead of the state polls.
As a result, two Vote-on-Account budgets have accounted for the majority of this financial yeareight months in total.
According to the August 1 ordinance by the TDP-led government, the state opted for another Vote-on-Account budget for four months (August to November) due to the new NDA government taking office. The other constituents of the coalition government are Janasena and the BJP.
Meanwhile, the Financ

The budget is expected to be presented with just over four months remaining in the FY 2024-25

Russia-Ukraine War

The year 2022 is coming to an end and a lot has happened that shaped the world in the year. Let's have a look at some of these significant events

Google Messages

In January, Google rolled out end-to-end encryption in group chats for messages app users enrolled in the beta programme

Blend launches Blend Studio: AI tool for ecommerce photography

New Delhi [India], March 16 (ANI/PNN): Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio - the Chat GPT for product photos.

Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

Priced at Rs 79,999 for the 12GB RAM and 256GB on-board storage, the Xiaomi 13 Pro offers a novel imaging experience on top of a premium package

RBI caps withdrawal limit from Yes Bank to Rs 50,000

Explore News