AU Small Finance Bank's promoters will transfer shares to a non-operative holding company, fulfilling RBI's requirements for its transition to a universal bank. Following in-principle approval from the RBI, the bank will also relocate its corporate headquarters from Jaipur to Mumbai. This structure allows the CEO to explore other financial services.
The Lumba Rakhi tradition involves tying a decorative rakhi to the wrist of the brother’s wife.
Indian textile exporters are shifting US-bound production to hubs such as Vietnam, Indonesia, Bangladesh, others to offset impact of tariffs
Relief for taxpayers as revised Income Tax Bill promises these five major benefits; Know details
At present, the retirement age for both pilots and non-flying staff at the airline is 58 years.
The Income Tax Department has tightened rules on cash transactions to curb black money, including limits on cash acceptance, loans, repayments, and donations.
We also witnessed a softening of urban demand. Fixed investments stayed modest. Foreign capital inflows also weakened in the latter half of the year, reflecting global uncertainty, says Atanu Chakraborty
The nominees can swiftly access the investment proceeds, which provides them with the financial support they may need in your absence. SEBI has also made it mandatory to add a nominee to all mutual fund accounts.
Today, August 9, is the second Saturday of the month August. So, banks will remain closed across the country.
Pertinently, unlike previous years, prices of major vegetables like potato, onion and tomato are under control this monsoon season. In the case of potato and onion, higher production in 2024-25 over the previous year ensures sufficient supply and a substantially lower retail price than last year, the statement said.
The Union Cabinet, chaired by PM Modi, has decided that Rs 30,000 crore will be paid in twelve parts to the public sector oil companies, which have kept the LPG prices stable.
Petrol, Diesel Price On August 9: Check City-Wise Rates Across India Including In Delhi, Mumbai and Chennai.
Malaysia Airlines has identified India as its largest market, surpassing Australia and Europe in revenue and passenger numbers. The airline currently operates 77 weekly flights to 10 Indian cities and plans to increase this to 80 by Dec ...more
HDFC Bank's CEO, Sashidhar Jagdishan, expressed reservations about reverse mortgage loans in India, citing legal and operational challenges. He highlighted ongoing tech upgrades, including a new mobile app and net banking interface, wit ...more
State Bank of India's Q1 FY26 consolidated profit rose 9.7% to Rs 21,201 crore, fueled by strong treasury and forex income. While advances grew 11.6%, net interest income slightly decreased due to margin contraction. The bank anticipate ...more
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