By Meghna Mittal, New Delhi, (IANS) : A day before the Reserve Bank of India announces 2016-17's fourth monetary bi-monthly policy, rating agency Fitch said it is waiting to see how the newly-formed Monetary Policy Committee tackles it, hinting that a low inflation...
New Delhi, (IANS) : HDFC Bank on Monday announced that it has selected software major Adobe's 'Marketing Cloud' platform to deliver personalised digital experiences to its 37 million customers. HDFC Bank has developed a comprehensive e-mail marketing solution based on...
New Delhi, (IANS) : BSES Rajdhani Power Ltd (BPRL), one of the national capital's electricity distribution companies (discoms), said on Wednesday that its consumers will now be able to pay their bills at various branches of Bank of Baroda (BoB) across the city. "BSES...
Mumbai, (IANS) : Mahindra and Mahindra Group Chairman Anand Mahindra said here on Wednesday that India needed to create smart villages and not just smart cities in order to lead the technology boom. "We should think of smart villages not just smart cities. Why...
Rabat (IINA) : The Central Bank of Morocco (Bank Al Maghrib) revised on Tuesday growth forecasts up from 1.2 percent to 1.4 percent for this year, while agricultural value added is projected to contract by 9 percent and nonagricultural growth would reach 2.9 percent,...
Kolkata, (IANS) : State-run UCO Bank on Tuesday said it received Rs 775 crore from the central government through preferential allotment of equity shares following the Centre's announcement of capital infusion of Rs 22,915 crore towards the recapitalisation of 13...
New Delhi, (IANS) : Junaid Ahmad has taken over as the World Bank's new Country Director for India, replacing Onno Ruhl, who completed his four-year term, an official statement said here on Tuesday. Ahmad, a Bangladeshi national, was formerly the Chief of Staff to...
Chennai, (IANS) : India's foreign exchange reserves went up to $371.27 billion as on September 9, the Reserve Bank of India (RBI) announced. According to data released by the RBI, the reserves stood at $371.27 billion as on September 9, as against $367.76 billion as...
New Delhi, (IANS) : Four state-run banks are probing whether the money in some financial inclusion scheme Jan Dhan accounts was deposited by the account holders themselves, or by business correspondents to keep the number of zero-balance accounts low, Finance Minister...
New Delhi, (IANS) : Indian state-run banks have collectively made an operating profit of nearly Rs 35,000 crore this fiscal, but the massive provisioning for bad debts has pared their net profit down to Rs 222 crore, Finance Minister Arun Jaitley said on Friday. "PSBs...