SBI Raises Rs 10,000 Crore Through Long-Term Infrastructure Bonds
State Bank of India (SBI) has successfully raised ₹10,000 crore through its sixth issuance of long-term infrastructure bonds, featuring a…
Category: Business
RBI Warns Banks Against Fraudulent Accounts and Evergreening: Key Takeaways
The Reserve Bank of India (RBI) has issued a stern caution to banks regarding the proliferation of “lakhs of accounts”…
MSME Bodies Urge RBI to Extend Threshold Period for Stressed Loan Accounts
Introduction In a recent meeting in Mumbai, the Federation of Indian Micro and Small & Medium Enterprises Industry (FISME) urged…
UP, West Bengal, and Maharashtra Lead in Informal Sector Enterprises in 2022-23
In 2022-23, Uttar Pradesh, West Bengal, and Maharashtra emerged as the states with the highest share of informal sector enterprises…
Retail and Apparel Lead Informal Sector Employment, Driven by Digitisation: MoSPI Report
The Ministry of Statistics and Programme Implementation (MoSPI) has revealed insightful trends in the informal sector through its Annual Survey…
NK Singh on India’s Growth Trajectory and Future Prospects
NK Singh, Chairperson of the 15th Finance Commission and a prominent figure in India’s economic policy landscape, recently emphasized the…
Credit Card Spending Triples in Three Years to ₹18.31 Lakh Crore
Credit card usage in India has skyrocketed, with customer spending tripling over the past three years. As of March 2024,…
Boeing to Acquire Spirit AeroSystems in $4.7 Billion Deal After Months of Negotiations
A Major Acquisition Boeing has announced its plan to acquire Spirit AeroSystems in a $4.7 billion all-stock deal. This decision…
Strategic Investment Sectors Post-Elections: Insights from Sethurathnam Ravi
The conclusion of elections in India not only marks a political milestone but also triggers a critical reassessment among investors.…
RBI Bars Kotak Mahindra Bank from Adding New Clients Online or via Mobile, Restricts New Credit Card Issuance
In a recent directive, the Reserve Bank of India (RBI) has mandated Kotak Mahindra Bank to halt the onboarding of…
“The master direction makes it mandatory for the REs to put a robust IT Service Management Framework in place” – S Ravi, former BSE Chairman
The upcoming comprehensive master direction on information technology governance, risk, controls, and assurance practices, set to be implemented by Regulated…
Pharis Aboobacker’s Business Brilliance: Lessons in Vision and Innovation
Pharis Aboobacker narrative is a remarkable testament to his unyielding determination and the remarkable success he has achieved on his…
A budding business career to one of the most prominent entrepreneurs in the country – The Evolution of Faris Aboobacker
Faris Aboobacker’s tale is notable for his unwavering determination and self-made success. He began his ventures with the simple foundation…