by OverviewFX | Aug 23, 2024 | Banking & Finance
Mumbai: The Enforcement Directorate (ED) conducted searches earlier this week at multiple premises linked to the senior officials at Religare Enterprises (REL), including its chairperson Rashmi Saluja, and seized several documents, official sources told ET. Among the...
by OverviewFX | Aug 23, 2024 | Banking & Finance
Amid concerns over the continuing gap between deposit and loan growth, SBI Chairman Dinesh Khara on Friday said it is not posing any challenges for the country’s largest lender as it is able to support the uptick in advances. The bank is unwinding a part of its...
by OverviewFX | Aug 23, 2024 | Banking & Finance
Mumbai, The Reserve Bank of India (RBI) has cancelled the registration of Lucknow-headquartered Margdarshak Financial Services Ltd over high net NPAs and defaults on repayment to lenders. As on March 31, 2021, the company failed to maintain the minimum regulatory net...
by OverviewFX | Aug 23, 2024 | Banking & Finance
New Delhi [India], August 23 (ANI): Union Finance Minister Nirmala Sitharaman reiterated the Government’s commitment to expand banking services for the benefit of small entrepreneurs.She emphasized this during an interaction with MSME (Micro, Small, and Medium...
by OverviewFX | Aug 23, 2024 | Banking & Finance
Repco Bank officials hand over a cheque for ₹19.08 crore towards dividend to Union Home Minister Amit Shah in New Delhi on Friday.Repco Bank handed over a cheque for ₹19.08 crore towards dividend to Union Home Minister and Minister of Cooperation Amit Shah in New...
by OverviewFX | Aug 23, 2024 | Banking & Finance
The Indian rupee weakened moderately on Thursday and ended at 83.952 versus the US dollar due to dollar demand from local banks and corporates. A moderate rise in the dollar index also added to the weakness in the rupee.The local currency ended weaker by 3 paisa,...
