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RBI Clears Proposed Changes in Yes Bank Board Structure

India, Sept. 10 -- Yes Bank on Wednesday announced that the Reserve Bank of India (RBI) has approved amendments to its Articles of Association (AoA) relating to the appointment of nominee directors on... Read More


UCO Bank Lowers MCLR by 5 bps, Raises 10-Year G-Sec Yield to 6.78%

India, Sept. 10 -- UCO Bank on Wednesday announced a five-basis-point reduction in its marginal cost of funds-based lending rates (MCLR) across all tenures, while increasing the yield on its 10-year g... Read More


Cabinet approves Rs 3,169 crore Doubling of Bhagalpur–Dumka–Rampurhat Rail Line

India, Sept. 10 -- The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the doubling of the 177 km Bhagalpur–Dumka–Rampurhat single railway line... Read More


Cabinet Clears Rs 4,447 Crore Mokama–Munger High-Speed Corridor Project

India, Sept. 10 -- The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved construction of the 82.4 km, four-lane greenfield access-controlled Mokama–Mun... Read More


Vikram Solar Q1 net profit zooms 448.21% at Rs 134.42 cr

India, Sept. 10 -- The company reported standalone net profit of Rs 134.42 crore for the quarter ended June 30, 2025 as compared to Rs 24.52 crore in the same period last year, registering a year-on-y... Read More


RBI imposes Rs 1 lakh penalty on Ottapalam Co-operative Urban Bank, Kerala

India, Sept. 10 -- The Reserve Bank of India (RBI) has levied a monetary penalty of Rs 1 lakh on The Ottapalam Co-operative Urban Bank Ltd., Palakkad, Kerala, for non-compliance with directions issued... Read More


RBI slaps Rs 5.5 lakh penalty on The District Co-operative Central Bank, Bidar

India, Sept. 10 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 5.50 lakh on The District Co-operative Central Bank Ltd., Bidar, Karnataka, for violations of the Banking Regula... Read More


Rupee edges up 5 paise to 88.10 against US dollar in early trade

India, Sept. 10 -- The rupee appreciated 5 paise to 88.10 against the US dollar in early Wednesday trade, supported by foreign fund inflows and weakness in the greenback against major currencies. For... Read More


Maruti Suzuki to begin flex fuel vehicle production this fiscal: Suzuki Motor

India, Sept. 10 -- Suzuki Motor Corporation has announced that Maruti Suzuki India will commence production of flex fuel vehicles (FFVs) within this fiscal year. The company highlighted in its technol... Read More


Jindal Stainless supplies stainless steel for Bengaluru Metro Phase 2 expansion

India, Sept. 10 -- Jindal Stainless, India's largest stainless steel manufacturer, has supplied premium 301N austenitic stainless steel for the Bengaluru Metro Phase 2 project, reinforcing its role in... Read More