Bandhan Bank on Wednesday announced its financial results for the second quarter of the financial year 2023-24 where it said its retail loan book grew at a healthy 81% further strengthening the Bank’s portfolio diversification agenda.
Running a business often requires financial assistance to cover various expenses, whether it's for expansion, purchasing equipment, or managing cash flow. In the world of business finance, two common options are Business Loans and Business Advances. While they both provide access to much-needed capital, they operate differently and serve distinct purposes. In this blog, we will discover the key differences between Business Loans and Business Advances, helping you make an informed decision for your business financing needs.
New Delhi: Prime Minister Narendra Modi laid the foundation stone for the new 2.19 million TEU per annum mega-container terminal on India’s western coast Tuna-Tekra at Deendayal Port on Tuesday.
Mumbai: PwC India Tuesday announced a strategic partnership with Workiva, a cloud platform for integrated reporting to meet increasing demands in India for accurate and transparent disclosures and Governance, Risk and Compliance (GRC).
The BSE Sensex on Tuesday jumped 261.16 pts to close at 66,428.09 on the strength of Utilities, Power, Energy stocks.
Sydney: Workers at Chevron Australia's liquefied natural gas (LNG) facilities are expected to resume their strikes on Thursday, as talks between the unions and the energy giant failed in the deal-finalisation phase.
Mumbai/UNI: The BSE Sensex on Monday declined by 42:05 points to 66,237.41 as selling was seen in FMCG, finance, and health care stocks.
New Delhi: The government will double the manpower for processing Intellectual Property (IP) applications, and the process will be streamlined and made more transparent, Commerce & Industry Minister Piyush Goyal said on Friday.
New Delhi: State-owned company REC, formerly known as Rural Electrification Corporation Ltd has signed a Memorandum of Understanding with National Informatics Centre Services Inc. (NICSI),
New Delhi: India's imports from Russia in the April-September period of this fiscal year surged by approximately 67 percent to USD 30.42 billion.
Mumbai: HDFC Life Insurance, a private sector insurance company, Friday announced a net profit of Rs 376 crore in the September quarter of the financial year 2023-24.
Mumbai: Tata Motors Limited (TML) is divesting a 9.9 percent stake in its IPO-bound subsidiary, Tata Technologies (TTL), for Rs 1613.7 crore as part of its strategy to reduce debt.
London: Microsoft has successfully finalized its $69 billion acquisition of Activision Blizzard, marking a significant move in the video game industry, Bloomberg reported.
New York: JPMorgan Chase reported an increase in its third-quarter profit, boosted by higher interest payments and the acquisition of First Republic Bank, Reuters reported.
Mumbai: The Reserve Bank of India (RBI) on Friday slapped a fine of Rs 8.50 lakh penalty on Bajaj Finance for violation of the rule pertaining to reporting of frauds.
Hitachi Payment Services, a payments and commerce solutions provider, on Friday announced the launch of its HPX initiative.
The BSE Sensex on Friday lost another 125.67 pts to close at 66,282.74 as renewed selling was witnessed in Bankex, IT and Commodities stocks.
Kolkata: Packaged snacks and beverage maker Annapurna Swadisht Ltd has appointed Gajanan Prasad Sah Kalwar as an Additional Director and Joint Managing Director of the company effective September 22, 2023.
Kolkata: Volvo Car India’s second fully electric car C40 Recharge has got a very strong response from the Indian market, a press release said on Thursday.
New Delhi: India’s largest integrated energy conglomerate NTPC Ltd has been featured as one of the “World’s Best Employers 2023” in the Forbes World’s Best Employers list 2023 released on Oct 10, 2023.
New Delhi: A total of seven projects for construction of bridges in Arunachal Pradesh at a cumulative cost of Rs118.50 crores have been approved in the fiscal year 2023-24 under the Setu Bandhan Scheme, Union Road Transport and Highways Minister Nitin Gadkari Thursday said in a social media post.
New Delhi: India's retail inflation measured by consumer price index (CPI) eased to 5.02% year-on-year in September 2023 from 6.83% in the previous month on the back of softening food prices, showed the data released by the Ministry of Statistics & Programme Implementation (MoSPI) on Thursday.
New Delhi: India's index of industrial production (IIP) rose 10.3% year-on-year in August FY24 on the back of a surge in mining and electricity sector output, data released by the Ministry of Statistics & Programme Implementation (MoSPI) on Thursday showed.
New Delhi/UNI: Ruias-controlled Essar Group is set to announce plans to invest in green hydrogen, power generation and port sector during Vibrant Gujarat summit slated to take place in January next year.
Mumbai: RPG Group, one of India's leading business conglomerates, has announced the appointment of Anant Goenka to the position of Vice-Chairman of the diversified group, the company said in a statement.
Bharti Group has announced that it is acquiring French insurer AXA's 49% stake in Bharti AXA Life Insurance Co., a move that grants Bharti full control over a venture that the two companies jointly operated for nearly two decades, Reuters reported.
New Delhi: The Union Cabinet chaired by Prime Minister Narendra Modi approved the amendment to the Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957, also known as the MMDR Act, for specifying the rate of royalty in respect of three critical and strategic minerals, namely, Lithium, Niobium and Rare Earth Elements (REEs), the Ministry of Mines said.
Mumbai: The Reserve Bank of India (RBI), on Wednesday, granted permission to SBI Mutual Fund (SBIMF) to acquire up to 9.99% of paid-up share capital or voting rights in Induslnd Bank.
New Delhi: The government, on Tuesday, tweaked the Production Linked Incentive (PLI) scheme rules for white goods for the selected candidates by modifying the method for assessing production value for internal consumption, sales to affiliated firms, and associated entities.
At just 16 years old, Pranjali Awasthi, an Indian prodigy, has entered the tech arena with her startup, Delv.AI. Her venture, dedicated to streamlining the process of data extraction for research purposes, took off in January 2022.
