The Reserve Bank of India (RBI) has instructed banks to enhance their senior management teams by appointing at least one whole-time director, in addition to the managing director, within four months. The RBI highlighted the importance of establishing effective senior management teams in banks to handle current and future challenges.
India Business News: Real estate sector on a reported basis accounted for more than 50% of the total realizations under IBC. However subsequent to release of data by IBBI,
Readyassist Lectrix EV Roadside Assistance: The partnership ensures that Lectrix vehicle owners have access to ReadyAssist s mechanics at all hours. The company s technology platform will facilitate real-time support through its app, enabling users to promptly request assistance in the event of a roadside issue.
Real estate firm Macrotech Developers has reported a 12% YoY growth in sales bookings, reaching Rs 3,530 crore in the July-September period. The company achieved its best-ever quarterly pre-sales performance and has achieved 48% of its FY24 pre-sales guidance. Macrotech Developers is confident about delivering its full-year pre-sales target of Rs 14,500 crore, with seven new locations planned to be launched in the second half of the fiscal year.