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REC: REC gets RBI nod to set up subsidiary in GIFT City

According to the statement, REC Ltd, under the Ministry of Power and a leading NBFC, has received a No Objection Certificate (NOC) from the Reserve Bank of India (RBI) for setting up a subsidiary in Gujarat International Finance Tech-City (GIFT) in Gandhinagar, Gujarat. ....

Vivek Kumar Dewangan , Gujarat International Finance Tech , Ministry Of Power , Ltd On , Reserve Bank , Gujarat International Finance Tech City , Kumar Dewangan , Gift City , No Objection Certificate , Rec Ltd ,

Chennai-based Vivriti Capital raises $55 million from Lightrock, Creation Investments

Chennai-based Vivriti Capital raises $55 million from Lightrock, Creation Investments : Rashtra News #Chennaibased #Vivriti #Capital #raises #million #Lightrock #Creation #Investments Chennai-headquartered Vivriti Capital, a non-deposit taking NBFC, has raised $55 million (about Rs 400 crore) in its Series C funding from PE platform Lightrock India and impact investment management firm Creation Investments. With this ....

Kartik Srivatsa , Vineet Sukumar , Chennai Headquartered Vivriti Capital , Lightrock India , Vivriti Capital , Vivriti Asset , Vivriti Asset Management , Creation Investments , Seriesc Funding ,

REC stock jumps 8% on stellar Q4 results; company aims to be NPA-free by FY25-end

REC reported a net profit of Rs 14,019 crore for FY24 compared to Rs 11,166.98 crore in the year-ago period. The income also rose to Rs 47,571.23 crore in FY24 compared to Rs 39,520.16 crore a year earlier. ....

Ministry Of Power , National Stock Exchange , National Stock , Buzzing Stocks ,

Ujjivan Small Finance Bank appoints Carol Furtado as executive director

Carol Furtado appointed as executive director at Ujjivan Small Finance Bank for three years from May 1, approved by RBI. With 29 years in banking, she played key roles in the bank s development. ....

West Bengal , Carol Furtado , Ujjivan Small Finance Bank , Bank Muscat , Ujjivan Small Finance Bank Agencies , Centurion Bank , Mount Carmel Institute Of Management , Reserve Bank , Mount Carmel Institute , Mount Carmel ,

4 ways banks are overcharging borrowers on loan interest rates, as per RBI

Date for interest charging by banks: The Reserve Bank of India did onsite review of banks and other financial institutions to check how lenders are charging interest on loans issued to borrowers. The central bank found four instances where banks were following unfair lending practices. Read on to know more about this and what RBI has asked banks to do. ....

Reserve Bank , Key Fact Statement , Charging Interest On Loans , Rbi Guidelines , Fair Lending Practices ,