Which are some of most special places in the world to celebrate Christmas?
Bank of Maharashtra has plans to open its maiden overseas offices in the United Kingdom and the United States and is negotiating with the government for setting up branches in other countries as well.
Bank of Maharashtra will tap the capital market on February 25 to raise Rs 230 crore (Rs 2.30 billion), which would be used for both organic and inorganic expansion.
Prime Minister Narendra Modi on Saturday tried his hand in beating Khasi traditional drum as he wound up his two-day visit to Meghalaya.
Singapore's competition regulator CCCS on Tuesday said it has given conditional approval for the proposed merger of Air India and Vistara, more than a year after the announcement of the deal. This was one of the key approvals required for the transaction. The merger of Vistara with Air India under a deal, wherein Singapore Airlines will acquire a 25.1 per cent stake in Air India, was announced in November 2022. Vistara is a joint venture between Singapore Airlines and Tata Group.
Baga and Gokarna make the list of the world's top 100 beaches.
'A ferry flight is scheduled to operate to GDX (Magadan) from Mumbai, at 1300 hours IST on June 7, subject to necessary regulatory clearances, which would take passengers and crew of AI173 onward to San Francisco,' the airline said in the statement on Wednesday.
A bankruptcy appeals court has scrapped billionaire Anil Agarwal-led Twin Star Technologies' winning bid to take over Videocon Industries Ltd on a plea by some creditors that the money offered imposed a steep Rs 62,000 crore haircut upon banks. The National Company Law Appellate Tribunal (NCLAT) asked creditors to initiate the fresh sale of Videocon, a consumer durables company manufacturing products ranging from air-conditioners to washing machines, for recovery of their unpaid Rs 64,637.6 crore. While a majority of lenders had previously accepted Twin Star Technologies' Rs 2,962.02 crore offer, Bank of Maharashtra (BoM) and IFCI Ltd dissented, saying the amount offered was close to the liquidation value of the bankrupt firm and that they cannot be paid less than the liquidation value.
Public sector banks have raked in more profits in the three months ended June on the back of a persistent decline in bad loans and the trend may have a positive bearing on their balance sheets in the coming quarters. In the June quarter, Bank of Maharashtra (BoM) and State Bank of India (SBI) were in the lowest quartile as far as Gross Non Performing Assets (NPAs) and net NPAs were concerned, according to an analysis of the quarterly financial numbers published by the public sector lenders. Cumulatively, all the 12 public sector banks reported a profit of about Rs 15,306 crore in the three months ended June, registering an annual growth of 9.2 per cent. However, leading public sector lenders -- SBI and PNB -- posted lower profits in the June quarter.
Public sector banks' cumulative profit crossed the Rs 1 lakh crore-mark in the financial year ended March 2023, with market leader State Bank of India (SBI) accounting for nearly half of the total earnings. From posting a total net loss of Rs 85,390 crore in 2017-18, the Public Sector Banks (PSBs) have come a long way as their profit touched Rs 1,04,649 crore in 2022-23, according to an analysis of their financial results. These 12 PSBs witnessed 57 per cent increase in total profit compared to Rs 66,539.98 crore earned in 2021-22.
Bank of Maharashtra's public issue of 10 crore (100 million) shares at Rs 23 per share has been oversubscribed by over 10 times.
It's time to think about what you'll be wearing for your Christmas house party.
Hundred centrally-protected monuments, including UNESCO world heritage sites spread across the country, will be lit up for a week and bear the G20 logo starting December 1 when India will assume the Presidency of influential group, officials said on Wednesday.
It won't be easy for the banking sector to better its performance every quarter, predicts Tamal Bandyopadhyay.
We'll need to wait a couple of years to see how many restructured loans turn bad and whether some banks fall victim to their obsession for growth, explains Tamal Bandyopadhyay.
'It seems to be a bit of an aberration. It should be set right; there is a proper mechanism in place. In the normal course, the state police do not have any jurisdiction on central government employees,' the official said.
Air quality to be closely monitored ahead of Australia Tests
Public sector Bank of Maharashtra has sought government approval to raise Rs 1,500 crore in three years.
SBI is the third state-run lender to lower the lending rates after Indian Overseas Bank Tuesday and Bank of Maharashtra which also lowered their loan prices by 5 bps on loan tenors of one year and above, effective April 10.
Here's what your favourite Bollywood celebrities are tweeting.
She's not an Indian freestyle wrestler.
Here's what your favourite Bollywood stars are tweeting.
Website VH1.com has compiled a list of the most amazing magazine covers from recent years featuring actors, models, music legends and more in the buff. We already brought you numbers 50 to 26 -- now here's a look at the top 25.
The airport operator removed the SpiceJet aircraft which had skidded after landing amid heavy rains on Tuesday.
Banks and financial institutions have proved to be the only ones in corporate India's otherwise dismal gender diversity performance, according to a report published by Standard Chartered Bank.
He was employed by the same company of which a staffer, Rajasekharan Nair, was arrested and remanded on March 28 in connection with the detection of the crude bomb on Kingfisher flight.
The choice clearly is between prompt corrective action and slow but sure destruction, says Tamal Bandyopadhyay.
Two civilian planes with 200 passengers on board landed safely in emergency conditions at the airports in Mumbai and Delhi on Tuesday evening after the pilots reported some technical problems in the aircraft.
The Mukesh Ambani-led company had a net profit of Rs 4,008 crore (Rs 40.08 billion) in the same period last year.
After getting a royal welcome in Arunachal Pradesh's Tawang, the Dalai Lama took on China, saying it is usual for the Chinese to oppose his visits everywhere.
Photographer Gaurav C Bhat shows off his cool pictures.
The army on Sunday staged flag marches in communally-sensitive Ahmedabad where the death toll in the synchronised bomb blasts rose to 45 as several states went into high alert in the wake of terror strikes in Ahmedabad and IT hub Bengaluru.
Director Bhaskar on his hugely successful first film and his dreams for the future.
Teledata Informatics Ltd said on Friday it has acquired over 80 per cent stake in London-based I-MAX Networks Ltd through its subsidiary.
Take the Rediff Business Quiz and find out how much you know about the CEOs and their nicknames.
It occurred at a bus stop near an Israeli army base.
The final guidelines to link the interest rate to external benchmarks will be issued by the end of this month
Brazil made a strong statement with a 2-1 victory over Spain in their opening Group D clash on October 7, and they would now look to build on the winning momentum.
Security has been beefed up in and around Mumbai airport after a scribble threatening a terror strike on Republic Day was found in the washroom of the domestic terminus, in second such warning this month. The ground handling staff saw the message in the men's washroom of the domestic airport on Thursday that warned of an attack by terror outfit Islamic State, the police said.
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