by newsworm | Dec 21, 2024 | Banking, HDFC Bank
The Department for Promotion of Industry and Internal Trade (DPIIT) has collaborated with HDFC Bank and Tally Solutions to provide support to startups. Under this partnership, DPIIT will facilitate access to banking and accounting services for startups, helping them... by newsworm | Dec 20, 2024 | Banking, HDFC Bank, ICICI Bank, State Bank of India
According to the Forbes India Rich List 2024, several Indian company founders and leaders made it to the richest person’s list, with Gautam Adani and Mukesh Ambani ranking first and second respectively. Additionally, 20 companies in the Nifty 50 index exceeded... by newsworm | Dec 18, 2024 | Banking, HDFC Bank, ICICI Bank, State Bank of India
The market capitalization of select Indian companies has seen significant changes. Reliance Industries Ltd.’s market cap surged by Rs 12,246 crore to Rs 16.9 lakh crore, maintaining its position as the most-valued firm. TCS followed, rising by Rs 9,823 crore to... by newsworm | Dec 18, 2024 | Banking, Canara Bank, Central Bank of India, HDFC Bank, RBI
The Marginal Cost of Lending Rate (MCLR) is the minimum rate at which banks lend to borrowers, based on their own cost of funds. The MCLR is closely tied to the Reserve Bank of India’s (RBI) repo rate, which is the rate at which the central bank lends to... by newsworm | Dec 18, 2024 | Axis bank, Banking, HDFC Bank, ICICI Bank, Jammu & Kashmir Bank, Punjab National Bank, State Bank of India
According to data presented in the Rajya Sabha, Jammu and Kashmir Bank reported financial frauds totaling Rs 320.42 crore over the past three years. The number of fraud cases fluctuated, but the monetary impact surged in 2022-23, with 13 cases amounting to Rs 298.09... by newsworm | Dec 18, 2024 | Banking, HDFC Bank
The Department for Promotion of Industry and Internal Trade (DPIIT) and HDFC Bank have joined forces to support India’s startup ecosystem. The Memorandum of Understanding (MoU) aims to provide startups with tailored financial services, knowledge-sharing...