Core net interest margin was at 3.4 per cent on total assets, and 3.6 per cent based on interest earning assets.
Initially, users would be able to access the details of their unclaimed deposits in respect of seven banks – State Bank of India, Punjab National Bank, Central Bank of India, Dhanlaxmi Bank, South Indian Bank, DBS Bank India and Citibank N A – presently available on the portal.
Several issues, including climate action, rising indebtedness in low and middle income countries and digital public infrastructure, figured during a bilateral meeting between FM Nirmala Sitharaman and US Treasury Secretary Janet Yellen.
This is the second time such an action has been taken against Air India in the past one-and-a-half years.
Sources in the DGCA indicated that the action followed a complaint by a former Air India pilot who had served as a Boeing 777 commander.
Samvat 2079 was a year filled with global uncertainties, but the Indian market was able to absorb all the chaos and turn in decent returns of almost 10% — higher than the average inflation rate of 5.85%.
Biometrics-based multi-factor authentication startup Biocube began commercial operations in September last year and commenced full-scale operation this year from which it expects to gain revenue of $24 million.
Flight operations were badly hit by fog-induced disruptions on Sunday, and the impact was particularly evident in IndiGo’s case, given that it is the country’s largest carrier with over 60 per cent market share.
The international stock exchanges at GIFT-IFSC—India International Exchange and NSE International Exchange—are currently prescribed as the permitted stock exchanges.
India’s industrial production in May rose 5.2 per cent against 19.7 per cent a year ago, the government data showed.