HDFC Bank’s Sashidhar Jagdishan has emerged as the highest-paid bank chief executive in FY23, grossing over Rs 10.55 crore in overall pay. Jagdishan’s colleague Kaizad Bharucha, the deputy managing director of the largest private sector lender, drew Rs 10 crore for the fiscal year and may be the second-highest grossing banker in the country, according…
Curated By: Business Desk Last Updated: August 07, 2023, 12:12 IST Maharatna scheme was established on May 19, 2010. Oil India Limited has become the 13th Maharatna Central Public Sector Enterprises. Recently, the Finance Ministry bestowed the prestigious Maharatna status upon Oil India Limited (OIL), thus making the company the 13th Maharatna Central Public Sector…
The interest rate is a critical aspect of any loan agreement. While education loans can provide immediate financial relief, they also result in long-term financial responsibilities. In today’s rapidly evolving world, pursuing higher education has become crucial for personal and professional growth. However, the rising costs of education can often pose significant financial challenges. Education…
Curated By: Business Desk Last Updated: August 07, 2023, 12:16 IST Breaking FD incurs a penalty of around 1%. Having an FD with a bank allows you to take a loan against it when needed. When troubled by a financial emergency, people often explore various available options. If you have a fixed deposit (FD) in…
Curated By: Business Desk Last Updated: August 07, 2023, 12:19 IST The laptop and PC market size in India is around $8 billion annually. The last date to apply for the Rs 17,000 Crore PLI scheme for manufacturing IT hardware in India is August 30. Around 44 companies, including major brands, have sought incentives through…
Last Updated: August 07, 2023, 13:56 IST Adani Green Share Price: Shares of Adani Green Energy (AGEL) tanked 12 per cent to Rs 886.25 on the BSE in Monday’s intra-day trade after over 40 million equity shares of the power generation company changed hands via block deal. Source link
Bank credit growth to Micro, Small and Medium Enterprises (MSMEs) has decelerated on a year-on-year basis in the first three months of the current fiscal, according to Reserve Bank data. Players in the MSME sector, the backbone of domestic industry and largest employer, said risk averseness makes banks reluctant to provide loans to small units,…
The interest rate is likely to remain stable in the near term. (Representative image) The government has tasked the central bank to ensure retail inflation remains at 4 per cent with a margin of 2 per cent on either side. The Reserve Bank of India Governor-headed six-member Monetary Policy Committee’s (MPC) meeting is scheduled on…
Curated By: Business Desk Last Updated: August 07, 2023, 13:14 IST While credit cards universally offer EMI options, not all BNPL lenders provide this facility. Credit cards often come with additional benefits such as rewards and cashback offers, which are not typically promoted by BNPL options. Buy Now Pay Later (BNPL) is a popular financing…
Curated By: Business Desk Last Updated: August 07, 2023, 12:33 IST In one year, the company’s stock has increased by 215.8%. The distribution of bonus shares and the payment of the final dividend are scheduled for September 5, 2023. Vivanta Industries Limited is a major player in the consultancy, technology supply and providing turn-key projects…