IMC President Ashish Vaid’s view on RBI’s Third Monetary Policy
by Suman Gupta Primary aim of the MPC is to boost growth through fiscal and monetary stimulus and RBI has acted decisively and on time. RBI...
Category : BANKING/FINANCE
UNION BANK EXPECTS MCLR TO SOFTEN FURTHER
by Suman Gupta Mumbai- August 9, 2019: Union Bank of India today in its ALCO meeting considered the liquidity situation and interest rate scenarios specifically...
Garware Technical Fibres net profit falls by 5.7% in Q1 FY20
by Suman Gupta Mumbai, August, 2019: Garware Technical Fibres Ltd. (Formerly Garware-Wall Ropes Ltd.), a lea ding manufacturer of technical textiles for the Indian and...
Consecutive rate cuts to translate into residential sector growth
by Suman Gupta In line with the general market sentiment, the cumulative 110 bps rate cut in the last four policy reviews favours the Indian...
HDFC Bank opens ATM at Kedarnath Temple
by Suman Gupta 1st ATM to be set up in shrine premises; Bank’s highest at 11,755 feet To provide 24*7, all-weather services; to benefit over...
Pudumjee Paper Products Q1 Profit Up by 16%
by Suman Gupta Pune, 30th July, 2019: Pudumjee Paper Products Limited (PPPL) has reported impressive results for the three month period ended 30th June, 2019....
Additional 25 million affordable units will be required by 2030, estimates RICS: Knight Frank Report
by Suman Gupta New Delhi, 30thJuly, 2019: RICS (Royal Institution of Chartered Surveyors) in association with international property consultant Knight Frank today released a report Brick By Brick– Moving towards ‘Housing for All’. The...
As big players shy away, smaller NBFCs/HFCs play active role
With the lending ticket size of up to INR 70 cr, medium and small sized NBFCs/HFCs have lent around INR 4,000 cr to the real...
MSCBA and Sequretek join hands to announce comprehensive cyber security program for co-operative banks in the State
by Suman Gupta First of its kind initiative to offer comprehensive cyber security operations center and allied services to co-operative banks Bringing top of the...
HDFC Bank to offer banking services to small traders through MoU with CSC, Confederation of All India Traders (CAIT)
Initiative to bring banking services to the remotest parts of India by Suman Gupta Jaipur (Rajasthan), July 25, 2019: HDFC Bank today signed an MoU...