The Indian government could raise nearly Rs 28,600 crores if it fully exits its stake in Bank of India (BOI) and Indian Overseas Bank (IOB NSE 14.50 %), CARE Ratings NSE -0.85 % has said in their analysis. The government has...

Finance Minister Nirmala Sitharaman on Tuesday explained the government’s priorities to the Reserve Bank of India’s central board during their first meeting after presentation of the Union Budget 2021-22. As per the tradition, the...

EPFO is likely to announce the rate of interest on provident fund deposits for the financial year of 2020-21, on March 4, when its Central Board of Trustees will meet at Srinagar. The Employees’ Provident Fund Organisation (EPFO) is likely...

Ensuring the equality of all employees irrespective of their sex, gender equality plays a great role in deciding better business results. In the corporate sector, although the ratio between male and female employees is significantly less than in...

India's government has shortlisted four mid-sized state-run banks for privatization, under a new push to sell state assets and shore up government revenues, three government sources said. Privatization of the banking sector, which is...

The finance ministry on Monday released the 16th instalment of Rs 6,000 crore to states to meet the GST compensation shortfall which will take the total amount released so far to Rs 95,000 crore. Till now, 86 percent of the total estimated GST...

The Reserve Bank on Monday set up a committee to draw a vision document for strengthening urban co-operative banks (UCBs) and exploring the potential of consolidation in the sector. The committee, to be headed by former RBI Deputy Governor N S...

Despite a dip in global technology spending amid the covid19 pandemic, the country's information technology sector is set to post a 2.3 per cent rise in its revenue to USD 194 billion in the current fiscal, the National Association of Software...

India’s exports expanded for the second consecutive month in January and the third time this fiscal year which was led by the robust growth in the non-oil and non-jewellery segments, indicating manufacturing activity revival. Imports also...

Businesses operating all the different industry verticals use credit and raising credit for your business is no easy task. Most money lenders will look at your credit scores when it comes to deciding whether or not to give you credit.  Simply...