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Business

Financial inclusion must focus on literacy, not just entry: RBI deputy governor

Financial inclusion is about greater than just offering entry to banking — it’s about equipping individuals with the data to enhance their lives, Reserve Bank of India Deputy Governor Swaminathan Janakiraman stated on Saturday.Speaking on the Financial Inclusion Saturation programme organised by Indian Bank in Tiruvallur district, Janakiraman stated initiatives like Re-KYC camps assist residents […]

Business

NBCC Q1 net profit rises 26% to ₹135 crore

NBCC brand. Photo: State-owned NBCC (India) Ltd. has reported a 26% improve in its consolidated net profit to ₹135.03 crore for the primary quarter of the present fiscal on greater revenue. Its net profit stood at ₹107.19 crore within the year-ago interval. The complete revenue grew to ₹2,465.48 crore through the April-June interval

Business

AU Small Finance Bank to shift HQ to Mumbai

MUMBAI: AU Small Finance Bank’s promoters will switch their shares to a non-operative holding firm (NOHC) as a part of RBI’s situations for the lender’s transition right into a full-fledged or common financial institution. The lender has additionally determined to shift its company headquarters from Jaipur to Mumbai, after receiving in-principle approval from RBI for

Business

Reliance Infrastructure to recover ₹28,483 crore worth of power dues

Image used for consultant functions. | Photo Credit: The Hindu BSES Yamuna Power Ltd. and BSES Rajdhani Power Ltd., the 2 subsidiaries of Reliance Infrastructure, will recover power dues worth ₹28,483 crore following a Supreme Court ruling. As on July 31, 2025, the entire dues of BSES Yamuna Power Ltd. and BSES Rajdhani Power

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