UCBs fear disruption as RBI s deadline on the appointment of MDs looms large thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Mehta rejects media report on Niti Aayog working to reduce UCB numbers
UCBs have no govt share and thus govt can’t force their mergers: Mehta
Reacting to the news in a section of the media that the Center is mulling roping in Niti Aayog for consolidating stressed urban cooperative banks, senior co-operator Jyotindra Mehta said “we have not heard anything of this kind. There is no official communication on the issue to us, ”. Mehta heads the apex national body of UCBs (Nafcub) in the country.
There is a media speculation that the Union Ministry of Finance has asked the RBI and Niti Aayog to work out modalities of merger or winding up of stressed out UCBs in the country.
Blow for crypto scene in India! Cooperative banks body raises red flag businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Infosys: Significant growth acceleration in Q1 to 16.9% YoY and 4.8% QoQ ANI | Updated: Jul 15, 2021 09:38 IST
Bengaluru (Karnataka) [India], July 15 (ANI/PRNewswire): Infosys a global leader in next-generation digital services and consulting, delivered a strong Q1 performance with year on year growth accelerating to 16.9 per cent and sequential growth increasing to 4.8 per cent in constant currency.
Large deal flows remained strong with TCV of $2.6 billion in Q1. Operating margin for the quarter was robust at 23.7 per cent, with Free Cash Flows growing by 18.5 per cent year on year.
42.1% YoY
Large deal signings Driven by the dedication of our employees and the trust of our clients, we grew at the fastest pace in Q1 in a decade, at 16.9 per cent year-on-year and 4.8 per cent quarter-on-quarter in constant currency. I am proud of our employees, who as One Infosys demonstrate resilience and commitment in delivering for our clients. This
Mamata govt begins auditing of UCBs headed by TMC deserters indiancooperative.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiancooperative.com Daily Mail and Mail on Sunday newspapers.