Page 5 - Ashwin Mohan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The RBI raised its key lending rate to 4.40 per cent with immediate effect on Wednesday.

DBS, other rivals may be taking a closer look at Citi's India retail assets © Dinesh Unnikrishnan DBS, other rivals may be taking a closer look at Citi's India retail assets Two foreign banks and a clutch of Indian banks are weighing the possibility of buying out Citibank’s retail assets in India. A few banks have shown “preliminary interest,” according to multiple people familiar with the development. Among those who are understood to have reached out to Citibank are Citi's key rivals, HSBC and DBS. "DBS Bank is evaluating Citi's assets in India. It's a high quality portfolio," said...

Exclusive interview | Magma Fincorp is a full package; we welcome regulations that will help NBFCs stay disciplined: Adar Poonawalla Adar Poonawalla of Serum Institute of India speaks about his group’s NBFC interest, the rationale of the Magma Fincorp acquisition, RBI’s discussion paper for the segment and much more. Adar Poonawalla is the man of the moment without doubt and has started 2021 with a bang. His firm Serum Institute of India, the world’s biggest vaccine maker, has been at the forefront of the nation’s fightback against the global pandemic by manufacturing crores of doses ...

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“As passionate urban planners and residents of the city beautiful, we wanted to resolve the Tribune roundabout complexity and therefore patented and proposed a prototypical alternative solution called the *’Overloop’* . We presented overloop in the undemocratic public hearing held by the UT administration. Our research was acknowledged as unparalleled for we proposed a 50-ear comprehensive mobility plan for the city,” Ahluwalia said. It was said that Overloop was one of the seven shortlisted designs and they were invited by the finance secretary for further dialogue. “It was deeply ...