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Amara Raja Batteries bags the prestigious ‘Excellent Energy Efficient Unit’ award by CII

Aug 30, 2021

Tirupati, 30 August 2021: Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery manufacturer, won the Excellent Energy Efficient Unit Award at the prestigious 22nd National awards competition hosted by the Confederation of Indian Industry (CII). The unit located at Amara Raja Growth Corridor at Chittoor, Andhra Pradesh was…

EPCH unanimously elects new Vice Chairman

Aug 28, 2021

New Delhi 28th August, 2021: Dileep Baid, CoA Member has been unanimously elected as new Vice-Chairman of Export Promotion Council for Handicrafts (EPCH) during 175th meeting of Committee of Administration (CoA) held today, informed Dr.…

Business

RBI launches the September 2021 round of Consumer Confidence Survey

Aug 28, 2021

The Reserve Bank of India has been regularly conducting Consumer Confidence Survey (CCS). The September 2021 round of the survey is now being launched. The survey seeks qualitative responses from households, regarding their sentiments on…

Mumbai

RBI launches the September 2021 round of the Inflation Expectations Survey of Households

Aug 28, 2021

The Reserve Bank of India has been regularly conducting Inflation Expectations Survey of Households (IESH). The September 2021 round of the survey is now being launched. The survey aims at capturing subjective assessments on price movements…

Business

Auction of Government of India Dated Securities

Aug 28, 2021

Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹26,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific…

New Delhi

GIFT-IFSC poised to emerge as a leading fund destination for both Indian and foreign centric funds:…

Aug 28, 2021

NEW DELHI, 27 August 2021: Manoj Kumar, Executive Director, International Financial Services Centres Authority (IFSCA) yesterday highlighted several initiatives being undertaken at GIFT-IFSC and urged the industry, market participants and…

Business

Reserve Bank of India imposes Monetary Penalty on five Payment System Operators

Aug 28, 2021

The Reserve Bank of India (RBI) has imposed monetary penalty of ₹3 crore (Rupees three crore only) on Transaction Analysts (India) Pvt. Ltd. for contravention of / non-compliance with certain provisions of the directions issued by RBI…

Business

Round Table Discussion of RBI Deputy Governors with MD & CEOs of Small Finance Banks over Video…

Aug 28, 2021

Deputy Governors, Reserve Bank of India (RBI) M. K. Jain and M. Rajeshwar Rao held discussion with the MD & CEOs of all eleven Small Finance Banks (SFBs) on August 27, 2021 through video conference. The discussion was attended by…

Business

RBI imposes monetary penalty on New India Co-operative Bank Ltd., Mumbai, Maharashtra

Aug 28, 2021

The Reserve Bank of India (RBI) has, by an order dated August 26, 2021, imposed a monetary penalty of ₹25 lakh (Rupees twenty-five lakh only) on New India Co-operative Bank Ltd., Mumbai, Maharashtra (the bank) for non-compliance with…

Business

RBI imposes monetary penalty on The Jalgaon People’s Co-operative Bank Ltd., Jalgaon, Maharashtra

Aug 28, 2021

The Reserve Bank of India (RBI) has, by an order dated August 26, 2021, imposed a monetary penalty of ₹20 lakh (Rupees twenty lakh only) on The Jalgaon People’s Co-operative Bank Ltd., Jalgaon, Maharashtra (the bank) for non-compliance with…

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