Cash crunch due to less income velocity, more withdrawals: SBI
Describing recent reports of cash shortage in the country as "logic defying", state-run State Bank of India (SBI) on Wednesday said the possible reasons could be the declining income velocity of currency with the public in 2017-18 coupled with increased ATM withdrawals during the second half of last fiscal.
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Ashok Leyland Continues its Journey of Innovation
Ashok Leyland, flagship of the Hinduja Group, today showcased its full range of innovative products and industry-leading solutions at its Annual Global Conference 2018 in Chennai. After an exciting year of leading the industry with indigenous innovations like the Intelligent Exhaust Gas Recirculation (iEGR) for BS-IV engines and the Digital Market Place (DMP), Ashok Leyland is continuing to move ahead in its journey of innovation.
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Fitch downgrades PNB's viability rating to bb-
Fitch Ratings on Tuesday downgraded the Viability Rating of the Punjab National Bank (PNB) to 'bb-' from 'bb' and maintained the rating on Rating Watch Negative (RWN) following a multi-crore fraud involving diamond trader Nirav Modi.
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How to safeguard yourself from the unscrupulous immigration
With the advent of globalization and the technology taking over, everyone dreams of travelling abroad and even plans to settle down and live a luxurious life. It sounds so good to the ears, but, nothing comes easy in this world. So, here are some useful tips provided to make your immigration experience a cake walk by Mr. Ajay Sharma, an immigration consultant.
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Jio Cricket festival announced- Hanso.Khelo.Jeeto
As India warms up to the biggest Cricket extravaganza; Jio hits another sixer, by launching ‘Jio Cricket Play Along’ – world’s largest LIVE mobile game where participants can plan and win prizes worth crores; and ‘Jio Dhan Dhana Dhan LIVE’ – A first of its kind show, where Cricket meets Comedy.
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IndusInd Bank to Pilot WhatsApp Enterprise Solution
IndusInd Bank has announced a pilot with WhatsApp enterprise solution in India to communicate with its customers. The private sector lender became one of the first banks to participate in the WhatsApp pilot.
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RBI fines ICICI Bank for security sales violation
The Reserve Bank of India (RBI) said on Thursday it has imposed a penalty of Rs 58.9 crore on ICICI Bank for non-compliance of its directions on direct sale of securities from its held-to-maturity (HTM) portfolio and specified disclosure.
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Give A Financially Secure Future To Your Child
The birth of a child is the most joyous occasion in the life of a couple. Parents, naturally enthralled about the addition to their family, start devising plans that would involve their bundle of joy as well. From planning for the family’s long-term comfort to managing daily care of the child, parents have to take care of many things.
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Ola, Uber strike hits Mumbai commuters
Lakhs of Mumbai commuters were severely hit as more than 80,000 drivers of aggregator cabs like Ola and Uber went on strike here on Monday, an official said.
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Bisleri to launch bubbly mango drink this summer!
Bisleri International Pvt. Ltd, most trusted brand of mineral water in the country is all set to launch Bisleri Fonzo. Scheduled to launch this summer season, Bisleri Fonzo, the bubbly mango will be one of its kind in the fizzy fruit drink category. Fonzowill have a unique proposition of real mango juice with refreshing fizz.
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