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RBI asks banks not to destroy CCTV recordings of demonetisation period
The present order is a continuation of an earlier advisory issued to the lenders in December 2016 to preserve the CCTV footage of operations at bank branches and currency chests
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World Bank projects India to grow at 8.3% in 2021
India's recovery is being hampered by the largest outbreak of any country since the beginning of the pandemic, the World Bank said
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Only Rs 10,000 cr more needed for vaccines; fiscal impact just 40 bps more: Report
The UBS Securities India report also called for more transparent vaccine distribution plan for efficient vaccine allocation to the states
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Bank of Baroda to sell 46 NPA accounts to recover Rs 597 crore
Bank of Baroda said it intends to sell these NPA accounts to ARCs/banks/NBFCs or other financial institutions on 100% cash basis, for which the e-auction will take place on June 21, 2021
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General insurance sector may see 7-9% growth in GDPI in FY22: Report
In 2020-21, the general insurance industry's total gross direct premium income grew 4% y-o-y to Rs 1.85 lakh crore
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Centre says door-to-door vaccination not possible
The Centre in its affidavit filed in the HC said NEGVAC has considered the issue of door-to-door vaccination and opined that "near-to-door" vaccination would be an appropriate solution
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Shyam Metalics fixes price band at Rs 303-306 for Rs 909-crore IPO
Shyam Metalics IPO comprises fresh issuance of equity shares worth up to Rs 657 crore and an offer for sale to the tune of Rs 252 crore by existing shareholders
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State-owned banks getting ready for privatisation may come out with VRS
An attractive VRS will make PSBs lean and fit for takeover by the private sector entities that are keen to enter the banking space
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Many websites disrupted by outage at cloud company Fastly
Dozens of high-traffic websites including the New York Times, CNN, Twitch and the UK government's home page, could not be reached
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Utkarsh Small Finance Bank, Glenmark Life Sciences get Sebi’s go ahead to float IPO
Utkarsh Small Finance Bank and Glenmark Life Science had filed preliminary IPO papers with Sebi in March and April, respectively
