New Delhi, March 21 : With the annual closing of accounts scheduled for March 31 as the financial year 2022-23 is ending, the Reserve Bank of India (RBI) has directed all banks to keep their branches open till working hours of the above-mentioned date. In a letter to all agency banks on Tuesda […]
Category: Business
Total 6,199 Corporate Insolvency Resolution Process started, 611 successful: Govt
New Delhi, March 21 : Since the provisions relating to Corporate Insolvency Resolution Process (CIRP) came into force on December 1, 2016, a total of 6,199 CIRPs have started, as on the end of December 2022, the Parliament was informed on Tuesday. As of December 2022, 611 CIRPs have resulted i […]
India emerged stronger from pandemic years, says RBI report
New Delhi, March 21 : Even as global growth is set to slow down or even enter a recession in 2023, as global financial markets wager, India has emerged from the pandemic years stronger than initially thought, with a steady gathering of momentum since the second quarter of the current financial year, […]
Over 21.70 lakh EVs registered in India, UP tops list
New Delhi, March 21 : Of over 21.70 lakh electric vehicles registered in India, Uttar Pradesh topped the list with 4,65,432 EVs, followed by Maharashtra and Delhi with 2,26,134 and 2,03,263 respectively, the government said in Parliament on Tuesday. Union Minister of State for Heavy Industries […]
Moody's downgrades outlook for UBS to negative
London, March 21 : Rating agency Moody's has cut the outlook on UBS Group's debt to negative following its takeover of Credit Suisse, Moody's has affirmed UBS's current credit ratings, but lowered the outlooks on its long term deposit and senior unsecured ratings to negative from stable, The G […]
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