SBI expects 14-15 pc credit growth in current fiscal: Chairman Khara

SBI expects 14-15 pc credit growth in current fiscal: Chairman Khara

Monday, 17 June 2024 | PTI | New Delhi

Given the current economic growth rate, SBI is expecting 14-15 per cent loan growth during the fiscal year 2024-25, the bank's chairman Dinesh Kumar Khara said. "Normally the way we look at it is that the GDP growth rate plus inflation and 2-3 per cent over that. That gives us the...

Income tax relief for those in lowest slab may need to be considered in Budget: CII

Monday, 17 June 2024 | PTI | New Delhi

Income tax relief for the people in the lowest slab may need to be considered in the upcoming full Budget for 2024-25 considering the high levels of inflation, according to newly-elected CII President Sanjiv Puri. In an interview with PTI, he also suggested creation of an institutional platform for consensus building...

RBI bags risk manager of year award 2024

RBI bags risk manager of year award 2024

Sunday, 16 June 2024 | PTI | Mumbai

The Reserve Bank of India on Sunday said it has been awarded the Risk Manager of the Year Award 2024 by the London-based publishing house Central Banking. It was awarded the best risk manager for improving its risk culture and awareness, RBI said in a post on X. The award was received...

Essar sees growth potential for its IT firm  Black Box amid AI boom, says Prashant Ruia

Essar sees growth potential for its IT firm Black Box amid AI boom, says Prashant Ruia

Sunday, 16 June 2024 | PTI | New Delhi

Essar Group sees huge growth potential in its IT firm Black Box with boom in artificial intelligence (AI) technology driving demand for new data centres and managed services across the globe, a top official of the multinational conglomerate said. In an exclusive interview with PTI, Prashant Ruia, director of Essar Capital,...

PFC signs agreement with CVPPPL

Sunday, 16 June 2024 | PNS | New Delhi

Chenab Valley Power Project Private Limited (CVPPPL), a Joint Venture of NHPC LTD (51 per cent) and JKSPDC (49 per cent) has signed an Agreement with Power Finance Corporation Limited, (PFC) a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, for Term Loan of Rs...

Hyundai Motor India files draft IPO papers with Sebi

Sunday, 16 June 2024 | PTI | New Delhi

Hyundai Motor India Ltd (HMIL), the Indian arm of South Korean automaker Hyundai, has filed preliminary papers with Sebi to launch an initial public offering (IPO). The company’s IPO, if it goes through, would be the largest in India, surpassing LIC’s share-sale of Rs 21,000 crore. The proposed IPO is entirely an...

Father’s Day with Tata AIG ElderCare

Sunday, 16 June 2024 | PNS | Mumbai

: On this special Father’s Day, Tata AIG General Insurance Co Ltd, is delighted to presentits customised offering: Tata AIG ElderCare — a health protection policy designed exclusively for senior citizens. With a comprehensive array of coverages, this policy meets the diverse healthcare needs of individuals aged 61 years and above....

Experts project telemedicine to reach USD 5.4 billion by 2025

Sunday, 16 June 2024 | Pioneer News Service | New Delhi

With healthcare becoming one of India’s largest sectors, driven by expanded coverage, improved services, and increased investments from both public and private sectors, experts in the sector here projected telemedicine to reach USD 5.4 billion by 2025, with AI growing at a robust 45 per cent annually currently, creating substantial...

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