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Tag: uco bank

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

BusinessNovember 2, 2025

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

StocksNovember 2, 2025

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...

Govt appoints merchant bankers, legal firms for managing stake sales in LIC, PSBs, other fin institutions

StocksAugust 1, 2025

The government has appointed merchant bankers and legal advisors for minority stake sales in LIC and other public sector financial institutions, Department of...

Mumbai Ring Road project gets $2.5 billion funding commitments

EconomyMarch 10, 2025

India’s Maharashtra state has obtained 215 billion rupees ($2.5 billion) worth of funding commitments from lenders for a road project near Mumbai, according...

bank stocks: Bank stocks rally up to 2% after RBI cuts CRR to 4%

StocksDecember 6, 2024

Bank stocks rallied up to 2% on Friday after the Reserve Bank of India (RBI) slashed the cash reserve ratio (CRR) by 50...

PSU stocks surge up to 11% as Maharashtra election results boost market sentiment

StocksNovember 25, 2024

PSU stocks saw a strong rally in Monday's intraday trade following the BJP-led Mahayuti alliance's resounding victory in the Maharashtra Assembly elections. Shares...