RBI penalizes Bandhan Bank for non-compliance

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Bandhan Bank Limited. RBI stated that this action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank.

NCLT clears the amalgamation of Bandhan Bank & Gruh Finance

The amalgamation of Bandhan Bank & Gruh finance has been approved by NCLT’s Kolkata and Ahmedabad benches. October 17 has been fixed as the record date following the effectiveness of scheme for determining shareholders of the merged entity.

Exit polls signal stress for BJP. Yes Bank points finger of blame at Kotak. Flipkart’s had too much of smartphones? And more, in today’s ‘de-fogged’ shot of DKODING Newsline.

BJP may struggle to retain key states, Congress could lose Mizoram; according to exit polls The exit polls for assembly elections across five states are out, and predict rough tidings for the BJP. The ruling party will struggle to win a…

Campus Placements of 2020 Passing-out Batch of MBA Students Hits an All-time High at Chandigarh University

– Business Analytics firms & Private Sector banks top recruiters for MBA students CHANDIGARH, India, May 14, 2020 /PRNewswire/ — Campus Placements of 2020 passing-out batch of MBA students of University School of Business at Chandigarh University (USB) peaks to…

EquityPandit’s Newly Launched ‘Prima’ Awarded as Best Innovation of the Year by The Economic Times

MUMBAI, March 9, 2020 /PRNewswire/ —  EquityPandit is pleased to announce that it’s newly launched PrimaApp for a seamless trading experience in the retail trade industry has bagged the most prestigious Award in Financial Services for The Best Innovation of…

GRUH Finance – Profit After Tax for the Quarter Amounted to Rs. 116 Crore as Compared to Rs. 115 Crore for the Corresponding Period in Previous Year

AHMEDABAD, India, July 29, 2019 /PRNewswire/ — FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2019 The Board of Directors of GRUH Finance Ltd. (GRUH) has approved the financial statements for the quarter ended June 30, 2019 at their meeting…

Myntra offers the largest-ever assortment of 5000 brands and 9 lakh styles, including region-specific ethnic collections to celebrate its Big Fashion Festival

– The mega fashion carnival is slated to be held between October 16 and 22, and will showcase close to 2 lakh new styles over the last festive season – Scales MENSA network to 18,000 Kirana partners, to fulfill 70%…

CCI relieves OYO of predatory pricing allegations

The Competition Commission of India (CCI) order confirmed that OYO is not a dominant player. The order recommended that OYO is a significant player in the market for franchise service for budget hotels in India. The Competition Commission of India…

Indigo places Mega order for 300 Airbus jets worth $33 billion

India’s largest airline, IndiGo has ordered 300 planes worth $33 billion. It is Airbus’s largest order from a single airline. The airline is looking to expand its international network with the long-range, fuel-efficient planes.

Mc Donald’s India furthers the government’s ‘Skill India’ mission

RASCI along with National Skill Development Corporation (NSDC) and Ministry of Skill Development and Entrepreneurship (MSDE) nominated McDonald’s to pioneer this education program, basis it’s robust people development practices that aim at building best-in-industry talent and imparting ‘skills for life’.