Indian banks have started building precautionary buffers and floating provisions against possible second order risks from the ongoing West Asia conflict, despite reporting no visible stress in their loan books so far. Axis Bank created a Rs 2,001 crore provision,…
Read More
India’s private investment has seen a significant jump. This signals a strong revival in the country’s investment cycle. Industry leaders are proposing measures to navigate global challenges. These include fuel excise duty adjustments and faster payments for small businesses. The…
Read More
The Reserve Bank of India and the European Central Bank have signed a Memorandum of Understanding. This agreement aims to boost cooperation in central banking. The MoU updates a previous pact from 2015. It will facilitate information exchange and policy…
Read More
In recent interactions with RBI, officials of big state-owned and private sector banks have suggested a dynamic regulation on the unhedged forex exposure, by linking an institution’s NOP to its size and flows, two bankers told ET.
Read More
Other companies that obtained approval are Horizon Industrial Parks, Surgiwear, Crystal Crop Protection, and Hotel Polo Towers. These firms are now set to launch their public offerings on the BSE and NSE.
Read More
Waaree aims to boost its market share in the growing US solar market. The company is also focusing on an energy transition ecosystem in India.
Read More