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K Jayaprakash

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Putin says Russia, Saudi Arabia to extend oil pact

BUENOS AIRES: Russia and Saudi Arabia have agreed to extend into 2019 their agreement to manage the oil market - known as Opec+ -...

RBI nod for SBM Mauritius to merge operations with Indian arm

MUMBAI: The Reserve Bank of India (RBI) has sanctioned the scheme of amalgamation of the entire undertaking of SBM Bank (Mauritius) Ltd, India with...

Govt depts to accept credit/debit card payments soon

Instructions gone to install POS terminals before Dec 31   THIRUVANANTHAPURAM: The government departments and institutions in the state have been told to be ‘digitally ready’...

ESAFBank expands capital base by Rs209cr

Shares issued at Rs40 per piece; New entrants include ICICI Lombard, Yussaffali  THRISSUR: The Thrissur-headquartered ESAF Small Finance Bank (ESAFBank) has increased its capital base...

RBI board meeting raises hopes of ‘inevitable’ truce

Credit to stressed MSMEs, PCA banks, ECF to be discussed MUMBAI: The curiously awaited marathon meeting of the Central Board of the Reserve Bank of...

Govt stake in Central Bank raised to 88.02 pc

MUMBAI: The shareholding of Government in the Central Bank of India has increased from 86.40 per cent to 88.02 per cent after the board...

Western India Ply reports Rs78 lakh Q2 profit

KOCHI: The Western Indian Plywood Ltd, the leading manufacturers of wood-based products based in Kannur, has reported net profit of Rs78 lakh for the...

RBI imposes controls on Adoor Coop Urban Bank

Curbs on withdrawal, loans, deposits, property sales, etc MUMBAI: The Reserve Bank of India (RBI) has imposed wide-ranging controls on the running of Adoor Cooperative...

Manappuram investing Rs250 crore to boost subsidiaries

Rs150 crore for Asirvad Microfinance; home finance capital to be doubled   THRISSUR: The leading gold finance company, Manappuram Finance, is in the process of boosting...

KIIFB approves Rs16,000 cr projects; Masala bond on back burner?

Pravasi chity receives good response THIRUVANANTHAPURAM: Even as projects worth a whopping Rs16,000 crore have been green-signaled and the much-talked-about  Pravasi chitti has taken off...
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