This brings forth the need to address some of the emerging challenges as customer behaviour and preferences are undergoing profound changes while global ecosystems and external factors such as third-party dependencies and technology shifts are growing increasingly complex, reshaping the business landscape, said deputy governor Rajeshwar Rao at an event.
The total income of the bank increased to Rs 8,564.92 crore in the third quarter of the current fiscal from Rs 7,514.27 crore in the year-ago period, the bank said in a regulatory filing to stock exchanges.
In December 2024, 5,805 properties were registered, marking a 5% month-on-month (MoM) increase but a decline of 20% YoY. The value of homes registered in December 2024 stood at INR 3,590 crore, a 2% MoM increase but a 14% YoY decline.
Airtel will initially offer Bajaj Finance’s retail financial products on its Airtel Thanks App for
seamless and secure customer experience, and later through its nation-wide network of stores.
The combined strength of the companies’ digital assets will enable Airtel and Bajaj Finance to
significantly deepen penetration of financial products and services.
In the age of rapid technological advancement and relentless consumerism, humanity stands at a crossroads. The promise of innovation and convenience has been marred by a culture of excess, driving middle-class families into an endless cycle of debt and despair. This dual force of technology and consumerism has reshaped societal norms, fostering habits of overconsumption while deepening the financial burdens on everyday individuals.
The comment assumes significance as it came at a time when there is a spotlight over gruelling work hour expectations in corporate India, after L&T Chairman SN Subrahmanyan expressed regret over not being able to make staff work on Sundays.
Kotak’s provisions and contingencies, or funds set aside for potential bad loans, jumped 37% to 7.94 billion rupees.
The companies include space imaging company KaleidEO, rocket makers EtherealX and AI-driven company Shyam VNL. They will participate in a programme for defence and dual-use technology and explore opportunities to work with the U.S. Defense Innovation Unit, the Department of Defense and other government agencies on satellite observation and emerging space and defence technologies.
India’s forex reserves fell to a 10 month low as RBI sold dollars to support Rupee
This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.