New Delhi: Air Chief Marshal VR Chaudhari, CAS presented Presidential Awards to 51 IAF personnel at an Investiture Ceremony held at the National War Memorial in New Delhi on 26 April 24.
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Mozambique: BEL participated in the India-Mozambique Defence industry interaction event held from April 25-26, 2024, at Maputo, Mozambique, and showcased its might in strategic Defence Electronics. The event aimed at promoting strategic partnerships between the two countries in the area of Defence.
New Delhi: A CERC delegation led by Chairperson, Shri Jishnu Barua, IAS (Retd), Central Electricity Regulatory Authority (CERC) visited Coal Mining HQ /NTPC Mining Limited (NML), Ranchi on April 25, 2024. Sh Shivam Srivastava, Director (Fuel), NTPC & Chairman (NML) hosted the delegation & apprised of the operations & challenges faced in Mining to the CERC delegation in the august presence of Shri Jaishankar Srinivasan, Director (Finance), NTPC. During the delegation's visit
The Central Government has re-appointed Shri T. Rabi Sankar as Deputy Governor, Reserve Bank of India for one year with effect from May 03, 2024, or until further orders, whichever is earlier. "Sankar, who has a Master of Philosophy in Economics from the Jawaharlal Nehru University in Delhi, was appointed as RBI Deputy Governor in May 2021 for three years. He was an Executive Director of RBI before being elevated to the post of Deputy Governor in May 2021.
Yes Bank has announced its final quarter results where Net Profit for Q4FY24 is at Rs 452 Crore up by 123.2% Y-o-Y and 95.2% Q-o-Q, for combined FY24 Net Profit is at Rs 1,251 Crore up by 74.4% Y-o-Y. Non-interest income shows strong momentum across diverse and granular fee streams with Q4FY24 up by 56.3% Y-o-Y and 31.3% Q-o-Q. For FY24 Non-Interest Income up 38.8% Y-o-Y. NII stood at Rs 2,153 Crs for Q4FY24 up 2.3% Y-o-Y & 6.8% Q-o-Q and for FY24 NII is at Rs 8,095 Crore u
As part of the five-year agreement, HCLSoftware will deploy the HCL Unica platform to enable SBI to digitally transform its customer interaction framework and provide hyper-personalized communication across the bank’s diverse digital marketing channels, while adhering to the Digital Personal Data Protection Act (DPDPA) and other stringent security requirements. HCL Unica, with its advanced Customer Data Platform, AI capabilities and comprehensive campaign management tools, would leverag
The company has reported a net profit of Rs 3995 crore for the March 2024 quarter against Rs 3981 crore in the March 2023 quarter. Net profit stood at Rs 4351 crore in the December 2023 quarter. The board declared an interim dividend of Rs 18 per share equity share of Rs 2/- each of the company for the FY 2024-25. Revenue from operations surged by 7% to Rs 28,499 crore in Q4 against Rs 26,606 crore in the March 2023 quarter. Earnings per share of the IT firm climbed to Rs 14.72 in Q
The Board of Directors of SBI Cards and Payment Services Limited approved the Company's results for the Q4 FY24 and financial year ended March 31, 2024, at their meeting held on Friday, April 26, 2024. The company’s total Revenue increased by 14% YoY at Rs 4,475 Cr in Q4 FY24 vs Rs 3,917 Cr in Q4 FY23. While the PAT increased by 11 % YoY at Rs 662 Cr in Q4 FY24 vs Rs 596 Cr in Q4 FY23.
In a landmark partnership aimed at revolutionizing digital agri lending, the National Bank for Agriculture and Rural Development (NABARD) will integrate its e-KCC loan origination system portal with the Public Tech Platform for Frictionless Credit (PTPFC) of Reserve Bank Innovation Hub (RBIH). NABARD, India’s apex development bank, developed the Loan origination system portal to facilitate digital Kisan Credit Card (KCC) loan processing for cooperative banks and Regional Rural Banks (RR
The central bank has invited the reference to the ‘Guidelines on Digital Lending’ issued vide Circular dated September 02, 2022, and the Statement on Developmental and Regulatory Policies dated December 08, 2023 wherein it was announced to issue a regulatory framework for aggregation of loan products by lending service providers (LSPs). Accordingly, as per the circular issued, with the objective of enabling the borrowers to have prior information about the potential lend
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