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Shringar House of Ma Q1 net profit jumps 67.71% at Rs 28.51 cr

India, Oct. 8 -- The company reported standalone net profit of Rs 28.51 crore for the quarter ended June 30, 2025 as compared to Rs 17.00 crore in the same period last year, registering a year-on-year... Read More


RBI cancels licence of Jijamata Mahila Sahakari Bank Ltd., Satara

India, Oct. 8 -- The Reserve Bank of India (RBI) has cancelled the banking licence of Jijamata Mahila Sahakari Bank Ltd., Satara, Maharashtra, with effect from the close of business on October 7, 2025... Read More


RBI extends restrictions on The Shirpur Merchants' Co-operative Bank Ltd., Maharashtra

India, Oct. 8 -- The Reserve Bank of India (RBI) has extended the period of its directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 on The Shirpur Merchants' Co-opera... Read More


RBI Imposes Restrictions on Samarth Urban Co-operative Bank Ltd., Osmanabad

India, Oct. 8 -- The Reserve Bank of India (RBI) has imposed several restrictions on Samarth Urban Co-operative Bank Ltd., Osmanabad, under Section 35A read with Section 56 of the Banking Regulation A... Read More


RBI Supersedes Board of Irinjalakuda Town Co-operative Bank Ltd.

India, Oct. 8 -- The Reserve Bank of India (RBI) has announced the supersession of the Board of Directors of Irinjalakuda Town Co-operative Bank Ltd. for a period of 12 months, under the provisions of... Read More


RBI Imposes Restrictions on Sadbhav Nagrik Sahakari Bank, Chhatarpur

India, Oct. 8 -- The Reserve Bank of India (RBI) has imposed several restrictions on Sadbhav Nagrik Sahakari Bank Maryadit, Chhatarpur, under Section 35A read with Section 56 of the Banking Regulation... Read More


Rupee rises 2 paise to 88.75 against US dollar in early trade

India, Oct. 8 -- Rupee witnessed range-bound trading in morning deals on Wednesday and rose two paise to 88.75 against the US dollar, tracking a positive trend in domestic equities and likely IPO-rela... Read More


Phronetic AI launches PayCentral.ai – India's first Agentic Payment Platform

India, Oct. 8 -- Phronetic AI, India's first full-stack Agentic AI platform and an AI technology company backed by Infibeam Avenues Ltd, has announced the launch of PayCentral.ai, the country's first ... Read More


JSW Cement strengthens presence in Eastern India with commissioning of new unit at Sambalpur, Odisha

India, Oct. 8 -- JSW Cement, part of the diversified US$23 billion JSW Group, has expanded its footprint in eastern India with the commissioning of a new, state-of-the-art cement grinding unit at Samb... Read More


NPCI unveils new UPI-focused initiatives

India, Oct. 8 -- The National Payments Corporation of India (NPCI) on Tuesday announced a series of new initiatives aimed at enhancing its flagship Unified Payments Interface (UPI) ecosystem, includin... Read More