Sitharaman highlights reforms undertaken for financial institutions under India's G20 presidency

Sitharaman highlights reforms undertaken for financial institutions under India's G20 presidency

Finance Minister Nirmala Sitharaman participated in a roundtable on "Evolving the model of MDBs to address 21st century challenges" in Paris, where she highlighted the contribution of India's G20 presidency on capital adequacy...

Madhivanan Balakrishnan hired as Whole-Time Director of IDFC First Bank

Madhivanan Balakrishnan hired as Whole-Time Director of IDFC First Bank

IDFC First Bank has promoted Madhivanan Balakrishnan to Whole-Time Director following approval by the RBI. He is going to continue to serve as the Chief Operating Officer (COO) of IDFC First Bank. Balakrishnan joined IDFC First Bank in 2019 as the...

RIL receives RBI nod to retain extra $2 billion from lenders

RIL receives RBI nod to retain extra $2 billion from lenders

Reliance Industries, the country's largest firm by market value, gained the Reserve Bank of India's (RBI) permission to retain $2 billion over and above the $3 billion it had raised last fiscal in what was its biggest syndicated loan...

Sitharaman seeks the identification of credit-deficient districts for financial inclusion

Sitharaman seeks the identification of credit-deficient districts for financial inclusion

Finance Minister Nirmala Sitharaman suggested the identification of credit-deficient districts in each state and carrying out special credit outreach camps there. She also suggested holding a special district-level review committee meeting between...

How to Improve Your Job Interview Chances

How to Improve Your Job Interview Chances

Being turned down for job after job can be disheart- ening, especially when you have put much time and effort into your resume and feel like you have important skills to benefit companies and business- es. While you mig- ht feel like giving...

Direct tax collection rises 11% to Rs 3,79,760 crore

Direct tax collection rises 11% to Rs 3,79,760 crore

Direct tax collections for 2023-24, as on June 17, stood at Rs 3,79,760 crore, compared to Rs 3,41,568 crore in the corresponding period of the last fiscal, representing an increase of 11.18 percent. The net direct tax collection of Rs 3,79,760...

The Hidden Dangers of Environmental Hotspots: What You Need to Know

The Hidden Dangers of Environmental Hotspots: What You Need to Know

An environmental hotspot is an area where the en- vironment is under signi- ficant threat due to hu- man activity. Environ- mental hotspots are a serious problem for our planet. Every day more and more areas are im- pacted by human activi-...

Kotak Mahindra Bank gets Rs 5,400 crore deposits in Rs 2,000 banknotes

Kotak Mahindra Bank gets Rs 5,400 crore deposits in Rs 2,000 banknotes

Private sector lender Kotak Mahindra Bank gained about Rs 5,400 crore as deposits in Rs 2,000 notes following RBI's decision to withdraw these banknotes from circulation, a senior official declared. Virat Diwanji, group president and head of...

Shaktikanta Das received Governor of the Year award

Shaktikanta Das received Governor of the Year award

Reserve Bank of India Governor Shaktikanta Das, who received the Governor of the Year Award 2023 by Central Banking, showed how monetary authorities headed well beyond their traditional briefs in response to unprecedented circumstances over the...

India will be among fastest growing economies in 2023: RBI Governor

India will be among fastest growing economies in 2023: RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das expressed confidence that India will be among the fastest growing economies in the world in 2023 which would grow at the rate of 6.5 percent in the current fiscal. "We expect real GDP to...

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