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The committee also allowed NTPC and Coal India another six months to sign the fuel supply agreement for a 500 MW unit at the Unchahar power plant.A standing committee of the coal ministry has recommended coal linkages to state-run power…

“Comments with respect to Yes Bank are made by other bankers and reflect their views, not ours,” Kotak Mahindra Bank told CNBC TV18.After India’s largest PSU lender State Bank of India’s Chariman Rajnish Kumar suggested that Kotak…

While in terms of quantum there were few IPOs, there was strong investor appetite for companies across sectors like technology, high-quality BFSI companies, renewables, consumer, hospitality and healthcare.Marking a major upswing in fund…

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Overbeek added that HERE will be honoured to play a role in the digitalisation initiatives of Mitsubishi Corporation and NTT.HERE Technologies, a location data and technology platform, has announced that MitsubishiCorporation and Nippon…

The report stated that digital lending which was estimated at Rs 2.7 lakh crore as of March 2019, is forecast to increase to Rs 15 lakh crore by FY24, representing 16 per cent of retail lending. (Reuters)The retail loan book of…

At the interbank foreign exchange, the rupee opened at 71.26 then rose to 71.23 against the dollar.The Indian rupeeopened on a positive note and rose 8 paise to 71.23 against the US dollar in early trade on Friday tracking gains in…

This likely indicated interest in buying motor TP polices, as a consequence of increase in penalties for traffic violations.General Insurance companies reported 16% y-o-y growth in premium in November 2019, improving from 11% in October.…

The largest bank of India – SBI – has also received the highest number of such complaints, comprising nearly half of the total complaints received against 18 PSU banks.The PSU banks in India received more than 1.2 lakh complaints in only…

Benchmark sovereign bonds gained in India after the central bank said it will buy long-end debt for a second week, stepping up the pace of its unconventional policy to lower borrowing costs.Benchmark sovereign bonds gained in India after…