Tag: banks

Highways safety push: Govt to fine contractors for repeat NH accidents; cashless treatment scheme for victims soon

Business
The Ministry of Road Transport and Highways will now impose penalties on contractors if more than one accident occurs in a year on a specific stretch of National Highway built under the build-operate-transfer...

IIHL and Invesco complete JV formation to grab a piece of fast-growing asset management market in India

Stocks
IndusInd International Holdings (IIHL), the promoter of IndusInd Bank, and US-based global investment firm Invesco Ltd have completed the formation of their new asset management joint venture in India, marking a key strategic move in...

RBI: Banks should bring similar business under one entity

Business
MUMBAI: Banks that have a large conglomerate structure will now have to consolidate similar activities under one entity, according to RBI's...

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