New Delhi, Dec 20 (UNI) The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 27.30 lakh on private lender IndusInd Bank Ltd. (the bank) for non-compliance with certain provisions of ‘Reserve Bank of India (Interest Rate on Deposits) Directions, 2016’. The Statutory Inspection for Supervisory Evaluation (ISE 2023) of the bank…
Mumbai, Dec 19 (UNI) Extending losers for the fourth consecutive session on Thursday, the BSE Sensex tanked 964.15 pts to close at 79,218.05 on weak global cues amid selling was seen across the board. The National Stock Exchange (NSE) slipped 247.15 pts at 23,951.70. Even, US stock was also dipped as Federal Reserve gave a…
Mumbai, Dec 18 (UNI) The BSE Sensex remained negative for the third straight session on Wednesday, tumbling down 502.25 pts to close at 80,182.20 ahead of the Federal Reserve Meet outcome. The investors are awaiting the decision of Federal Reserve Monetary policy. The National Stock Exchange (NSE) slipped 137.15 pts at 24,198.85. The BSE Sensex…
Kolkata, Dec 17 (UNI) Engineering goods exports have maintained steady growth for the last seven months despite challenges and uncertainties on the external front, according to EEPC India. ” As per the latest trade data, engineering goods remained one of the Major drivers of overall merchandise exports in November this year,” EEPC India Chairman Pankaj…
Mumbai, Dec 17 (UNI) The BSE Sensex on Tuesday dropped another 1064.12 pts to settle at 80,684.45 as selling was witnessed in Telecommunications, Metal, and Energy stocks amid weak global cues. The National Stock Exchange (NSE) slipped 332.25 pts at 24,336. The BSE Sensex fell 237 pts to open at 81,511.81. It remained negative throughout…
Hyderabad, Dec 17 (UNI) Realme, the most popular smartphone brand among Indian youth, is all set to launch its budget friendly model, the realme 14x 5G, in India on Wednesday. This will be a groundbreaking addition to its smartphone portfolio. The realme 14x 5G features segment’s first IP69 Dust & Water Resistance and Military-Grade Shock…
Kolkata, Dec 17 (UNI) Amazon has created 1.4 million direct and indirect jobs in India and is on track to create two million jobs in India by 2025. Samir Kumar, Country Manager, Amazon India, said, ” Over the last 4-5 years, we have invested significant time and effort towards the pledges we announced at the…
Mumbai, Dec 17 (UNI) The equity market remained under pressure on Tuesday too, as the BSE Sensex tanked 492 pts at 81,255.72 in the opening session as selling was seen in Telecommunications, Auto and Bankex stocks. The National Stock Exchange (NSE) dipped 210.75 at 24,457.50. The Sensex registered an intraday high at 81,613.64 and a…
Mumbai, Dec 16 (UNI) The BSE Sensex on Monday dropped 384.55 pts to settle at 81,748.57 as selling was seen in Metal, Oil and Gas and Utilities stocks. The National Stock Exchange (NSE) slipped 100.05 pts at 24,668.25. The BSE Sensex opened negative at 82,000.31, easing 133 pts. During the day, it was lost 582…
New Delhi, Dec 15 (UNI) State owned lenders, including State Bank of India, Punjab National Bank and others have recorded their highest-ever aggregate net profit of Rs 1.41 lakh crore in the financial year 2023-24, reflecting the sector’s robust turnaround, underpinned by a significant improvement in asset quality. The Gross Non-Performing Assets (GNPA) ratio steeply…
