This mean that just Rs 10,720 crore of the junked currency did not return to the banking system.
China Construction forms consortium with Gurugram-based realty developer Tulip Infratech for road projects in India
The company has a valuation of Rs 2.22 trillion, up from Rs 1.33 trillion a year ago.
RBI's licensing norms require a bank to bring down promoter holding to 40 % within 3 years of operation - which, for Bandhan Bank, will be by Aug 23
'The effect will be seen two-three quarters down the line.'
Acreage of these crops is likely to fall as prices drop below MSP in mandis; area under cotton, maize may increase on better realisation
Other than Gujarat, Odisha and West Bengal, call centres would come up in Assam, Manipur, Tripura.
With its new line-up, the firm has managed to touch the right chords, but to regain market share from the established players, Micromax will have to fight a protracted battle.
New Zealand captain Kane Williamson feels that one can "learn a lot" by watching his contemporary Virat Kohli's stellar performances in the ongoing ICC World T20.
The arrival of summer in India may have raised hopes that hot and humid weather could slow the COVID-19 progression but virologist Naga Suresh Veerapu believes that outbreak and pandemic occurrences often do not follow seasonality.
A heat wave in India has already claimed more than 1,800 lives
Any return to 9-10%(economic) growth is some years away.
'The immune protection may well wane somewhat, and that's what we have to monitor.' 'Should it wane to the point where vaccinated individuals are getting severe disease, then we really will need to give them booster shots and that'll apply regardless of what vaccine they've got the first time.'
Decorated lights decked up buildings and earthen lamps dotted houses as people across the country celebrated Diwali.
The banks also received a warning from the rating agency Care, in February 2016, after Firestar's financials deteriorated.
The two entities' combined distribution network would comprise 4,182 banking outlets and 476 ATMs across 34 states and Union territories of India, with more than 31,000 employees serving about 15 million customers across the country.
According to SBI executives, the aim is to do things efficiently with an eye on profitability, and get a feedback on areas, including which business to enter and which to exit.
Mamata imposed affirmative action to the point of absurdity. This has naturally led to counter-action: The Hindus who never thought of themselves as Hindus are now banding behind the BJP, points out Aditi Phadnis.
A VR technology Radeon perfected during the making of Baahubali 2 is being extended to bring home the stadium experience.
'People are getting back to work.' 'The worst seems to be over.' 'It is very likely that the recovery is mostly among the informal, self-employed, workers who cannot afford to be away from work for too long,' notes Mahesh Vyas.
The minister outlined proposals on cleanliness.
Prayers were held across the Missionaries of Charity centres and churches all over the state to mark the late Roman Catholic nun's birth anniversary and to also commemorate her journey to sainthood on September 4.
Petrol and diesel are among the 90-plus commodities that have been approved by the government for derivatives trading
Here's a glimpse of all that happened around the world last week, in 10 images
The wheels turn for bicycles, as manufacturers go back to the basics. After motorised two-wheelers overtook cycle sales in the country, manufacturers are focusing on commuter segment again and reviving entry-level cycles.
The World Meteorological Organisation/Economic and Social Commission for Asia and the Pacific Panel on Tropical Cyclones, at its twenty-seventh session held in 2000 in Muscat, Oman, agreed to assign names to the tropical cyclones in the Bay of Bengal and Arabian Sea.
The key beneficiary of this expansion in the motorcycle market happens to be Bajaj Auto.
Recent derailments had brought the vulnerability of the national carrier into the limelight. For the railways, the fund allotment of Rs 1 lakh crore towards safety, is a welcome move, says Subrat Nath.
'We keep worrying about this variant or that variant. Forget about that.' 'Every variant can be stopped with a mask.' 'We don't want to do the simple thing of wearing a mask, but we worry ourselves to death about different variants.'
Jamaat-ul-Mujahideen Bangladesh terrorists have entered West Bengal to carry out subversive activities.
In a scathing status report, the Committee of Administrators (CoA) has described N Srinivasan and Niranjan Shah as "disqualified office bearers with vested interest", who are trying to stall implementation of Lodha reforms.
Close to 202,000 new entities have registered under the GST Network
The Eid photo album, from New Delhi to New York.
In the run-up to the polls, a survey has revealed that better employment opportunities is the single most important issue for citizens and that the government has fared below average in this aspect.
Check out this interesting scheme at a Nagpur zoo.
The reason why private banks will play the deposit pricing game strategically is the weakening of banks' deposits base given the competition from MFs and insurance companies due to tax-savings schemes.
While lending rates have been jacked up on an average of 5-10 bps by private sector lenders like HDFC Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank since January, almost all the PSBs have been increasing their bulk deposit rates in the range of 15 bps to 125 bps.
The party believes that Mamata's poor handling of the pandemic and the devastation brought on by Cyclone Amphan will provide it the political fillip it needs.
Every time the Indian economy has faced headwinds due to international developments, the oil sector has played a crucial role, explains A K Bhattacharya.
Puri said ITC will focus on health and wellness products within the FMCG vertical. He also said the company will attempt to reinforce the existing categories in the FMCG segment.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances