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SBI Looks For Hiring Retd Engineers For EV Risks

SBI Looks For Hiring Retd Engineers For EV Risks

State Bank of India (SBI) is looking to hire retired employees from the public and private sectors with an engineering background to offer technical expertise on lending to emerging sectors such as electric vehicles, green hydrogen, battery, and...

PayMate India to refile draft IPO papers after receiving a nod from RBI for billing aggregator license

PayMate India to refile draft IPO papers after receiving a nod from RBI for billing aggregator license

PayMate India, a fintech company, stated that after gaining final approval from the Reserve Bank of India (RBI) to function as an online payment aggregator, it will resubmit the draft initial public offering (IPO) papers with Sebi (PA). It...

Deadline for Locker Agreements Renewal Till Dec 31 Extended By RBI

Deadline for Locker Agreements Renewal Till Dec 31 Extended By RBI

The Reserve Bank of India (RBI) on Monday extended the deadline for renewal of locker agreements between customers and banks till December 31, 2023.  The extension was given by the central bank as it was noticed that till January 1,...

Big Eye Coin Hits $16.6 Million In Presale While Ethereum Surges 10 Percent And BNB Plateaus

Big Eye Coin Hits $16.6 Million In Presale While Ethereum Surges 10 Percent And BNB Plateaus

While most cryptocurrencies have seen their positive trends plateau throughout January, Ethereum has shown why it has remained at the forefront of the crypto market. The platform has surged by 10.33% in the past seven days at the time of writing....

IDFC First's Low-cost Deposits Swell Despite Rate Cut From 7 Percentage To 4 Percentage

IDFC First's Low-cost Deposits Swell Despite Rate Cut From 7 Percentage To 4 Percentage

Formed by the merging of the erstwhile IDFC Bank and Capital First, IDFC has reported improved performance from the entity that came into being in December 2018. CASA (current, account, savings account) deposits, which is the biggest source of...

Acknowledge Spike In Wheat/Atta Prices, Stocks To Open Market Sales Soon

Acknowledge Spike In Wheat/Atta Prices, Stocks To Open Market Sales Soon

To curb further spike in prices, the government would be releasing wheat from the Food Corporation of India (FCI)’s stock in the open market soon, Sanjeev Chopra, secretary, department of food and public distribution, said on Thursday. ...

Avanse Financial Services Collects Primary Capital Of ₹800 Crore From Kedaara Capital

Avanse Financial Services Collects Primary Capital Of ₹800 Crore From Kedaara Capital

Avanse Financial Services Ltd, an education-focused non-banking lender, on Thursday announced an investment of ₹800 crore from homegrown private equity (PE) firm Kedaara Capital to fuel its growth plans. Avanse Financial provides...

Budget 2023: Tax relief required amid high inflation, interest rates, say experts

Budget 2023: Tax relief required amid high inflation, interest rates, say experts

Tax proposals are the most eagerly awaited aspect of any budget. It is no different this time. With almost a decade having passed since the Centre last enhanced the personal income tax exemption limit from Rs 2 lakh to Rs 2.5 lakh in budget...

Budget 2023: Govt may raise allocation for existing PLI schemes

Budget 2023: Govt may raise allocation for existing PLI schemes

India is likely to substantially top up the allocation for ongoing Production-Linked Incentive (PLI) schemes in the February 1 budget after seeing good results, said people with knowledge of the matter. Some new sectors may be included in the...

US Taking Steps To Facilitate Issuance Of Business Visas In India

US Taking Steps To Facilitate Issuance Of Business Visas In India

On Tuesday, the United States stated that it has been a significant progress in issuance of business visas in India and the Americans are taking several steps such as increasing the number of staff for further facilitation of the process....

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