The central bank said it will also allow digital onboarding of bank customers, enabling video-based Know-Your-Customer (KYC) for individuals.
The apex bank's interest income grew 44.62 percent to Rs 1.06 lakh crore and other income rose to Rs 86,199 crore as on June 30, 2019, from Rs 4410 crore a year ago.
Nestle decides to keep its royalty constant at 4.5%. That will be a relief for investors who were fearing an increase. Its 2018 annual report shows that cash flows are rising and are healthy but working capital is showing some strain
The completion report comes after almost two years after the demonetisation was announced on November 8, 2016
Shrewd investors literally munch through an annual report before deciding on their course of action.
Dear Shareholders, “Good afternoon. On behalf of the Board of Directors, I welcome you all to the 39th ...
Media firm Zee Entertainment Enterprise Ltd (ZEEL) is focusing on strengthening its digital footprint in the global market as it senses a good opportunity in it.
Faced with rising bad assets, banking major SBI will divest non-core investments of around Rs 3,000 crore to shore up its capital
Citing opportunities in the wake of global digital transformation, Sikka said Infosys has the potential to become a leading IT services company in the world and a bellwether once again.
WalMart's new push in China comes as global supermarket firms seek ways to tackle slowing growth in the world's second-biggest economy.
Taking a dig at teaser rate products HDFC chairman Deepak Parekh cautioned borrowers of its risk factors. Customers need to be cautious of "too-good-to-be-true" type of products, he said in the company's annual report addressed to shareholders.
CNBC-TV18's Sunanda Jayaseelan reports that auditors have raised several questions regarding the Kingfisher Airlines annual report which reveals that the company's networth has been completely eroded.
Kingfisher Airlines Chairman Vijay Mallya has said the carrier is working on a "holding pattern" basis with limited operation, pending policy changes.
Amidst concern over need for fiscal consolidation as reiterated in RBI's Annual Report, says Suresh Prabhu, Money Market Analyst.
CNBC-TV18's banking editor Latha Venkatesh explains that according to economists the fall in household savings is another piece of bad news that may put further pressure on the economy as domestic savings available for investment decline.
India's largest realty firm DLF has said it added over 3,000 advisors in its insurance joint venture DLF Pramerica Life Insurance during last fiscal for the future growth of the business.