Kolkata, (IANS) : Ujjivan Small Finance Bank (SFB), the wholly-owned subsidiary of Ujjivan Financial Services Ltd, on Friday said it is targeting a deposit base of Rs 2,500 crore in 2017-18. In a view to serving unbanked people, the small finance bank, which commenced...
New Delhi, (IANS) : Lauding the Housing and Urban Development Corporation (HUDCO), Union Urban Development Minister M. Venkaiah Naidu on Tuesday said it is playing an important role in taking financial inclusion forward in the country. Addressing a function to mark...
New Delhi:(IANS) Prime Minister Narendra Modi on Sunday asked the states to consider advancing the financial year to January-December, saying that in a country where agricultural income is exceedingly important, budget should be prepared immediately after its receipt...
Washington, (IANS) : Finance Minister Arun Jaitley said that emerging economies have become increasingly important, accounting for more than 75 per cent of global growth, and that India has been a major driver of global economic growth. Jaitley said India's growth is...
By Rohit Vaid, Mumbai, (IANS) : Rising geo-political tensions, along with disappointing macro-economic data points and massive outflow of foreign funds depressed the Indian equity markets during the just-concluded trade week. Besides, lower revenue guidance from an IT...
New Delhi, (IANS) : There has been nearly 23-fold increase in the number of digital payments since the November 8 demonetisation, the government said on Thursday. The transactions using various digital payment modes went up to 63.80 lakh with a total transaction value...
New Delhi, (IANS) : Stock market major BSE on Wednesday said that all listed entities on its platform need to file their financial results in 'XBRL' mode, in addition to 'PDF' format. XBRL is a data-rich language for transmitting information via the Internet. It was...
New Delhi, (IANS) : Driven by e-commerce and financial services, India's internet economy is expected to double from $125 billion to $250 billion -- growing from the current five per cent to 7.5 per cent of the country's GDP, a joint report by The Boston Consulting...
Chandigarh, (IANS) : The central government has released an amount of Rs 17,994.21 crore towards Cash Credit Limit (CCL) for Punjab's Rabi (wheat) procurement, a state government spokesman said here on Thursday. The Union Finance Ministry and the Reserve Bank of India...
Washington, (IANS) : International Monetary Fund (IMF) warned that slow productivity growth since the 2008 financial crisis would threaten financial and social stability in some countries. "Another decade of weak productivity growth would seriously undermine the rise...