HDFC Deposits Surpass Loans Post-Merger: Times of India
HDFC Bank's Deposit Base Surpasses Advances Post-MergerIn a significant financial development, HDFC Bank's deposit base has exceeded its advances for the first time following the merger of its parent housing finance company with the...
Telecom and Railways Slow Down Capital Expenditure – Latest Updates
The capital expenditure in critical sectors such as telecom, railways, and highways has slowed down significantly, raising concerns about the impact on economic growth. According to data from the controller general of accounts, the...
Retiree’s Guide to NPS Systematic Withdrawal Plan for Large Corpus – Times of India
Understanding the NPS Systematic Withdrawal Plan
The National Pension System (NPS) has introduced a systematic withdrawal scheme that allows retirees to manage their retirement corpus efficiently. This scheme enables subscribers to withdraw a fixed amount...
World Bank to Approve $20 Billion Program for Pakistan: Report
The World Bank is set to approve a groundbreaking $20 billion program for Pakistan, launching a 10-year initiative to shield development projects from political instability. This program, known as the "Pakistan Country Partnership Framework...
CII’s Seven-Point Agenda for Employment Generation: Budget Update
CII's Seven-Point Agenda for Employment Generation: Budget UpdateNEW DELHI: The Confederation of Indian Industry (CII) has put forth a comprehensive seven-point agenda aimed at enhancing employment generation in India, with hopes that the upcoming...
Indian Banks Expected to Experience 12.5% Credit Growth in 2024-25: HSBC
Indian Banks Set to Achieve 12.5% Credit Growth in 2024-25: HSBCIndian banks are poised for a credit growth of 12.5 per cent in the upcoming financial year 2025, based on a recent report by...
RBI Expected to Cut Policy Rates by 50 bps in Early 2025: Report
RBI Expected to Cut Policy Rates by 50 bps in Early 2025: ReportNEW DELHI: The Reserve Bank of India (RBI) is anticipated to decrease policy rates by 50 basis points (bps) in the first...
UCO Bank’s Q3 Total Business Grows by 12% – Times of India
UCO Bank's Q3 Total Business Grows by 12%UCO Bank has reported impressive growth in its total business for the quarter ending December 2024, showcasing a 12.18% increase to reach Rs 4.88 lakh crore. This...
Rural Poverty Decline at 4.86% in FY24: SBI Research Findings
Rural Poverty Decline to 4.86% in FY24: SBI ResearchIn a groundbreaking revelation, a recent SBI research report unveiled a remarkable decline in rural poverty to 4.86 per cent in the fiscal year ending March...
Bank of Baroda Reports 11.7% Growth in Advances with 20% Retail Loan Growth
Bank of Baroda Sees Impressive Growth in Advances and Retail LoansIn a recent report, Bank of Baroda revealed significant growth in its retail lending sector, leading to an overall 11.7% increase in global business...