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PSU banks to start drive from Oct 2 to fill backlog vacancies of scheduled castes: NCSC chief

PSU banks to start drive from Oct 2 to fill backlog vacancies of scheduled castes: NCSC chief

[ad_1] All public sector banks will begin a special drive from October 2 for filling up of backlog vacancies reserved for scheduled castes, National Commission for Scheduled Castes (NCSC) Chairman Vijay Sampla said on Thursday. The decision comes after a review meeting, jointly chaired by the NCSC chairman and Finance

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Mahindra Finance disbursements up 44 pc at Rs 2,733 cr in Feb

Mahindra Finance disbursements up 44 pc at Rs 2,733 cr in Feb

[ad_1] Mahindra & Mahindra Financial Services on Thursday said its loan disbursements climbed 44 per cent to Rs 2,733 crore in February, aided by continued business momentum. The collection efficiency during the month stood at 98 per cent. In February 2022, the business continued its momentum with a disbursement of

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Resolution professionals tap third-party funding to run sick companies in short term

[ad_1] Third-party litigation financing is increasingly becoming a new instrument in the hands of the resolution professionals (RPs) of bankrupt companies, as they explore ways to fund operations till a new owner takes over the company or the assets get liquidated. In December, the RP of a Faridabad-based firm that

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At $8.65 bn, LIC 10th most valued insurance brand globally: Report

[ad_1] Life Insurance Corporation, which is bound for the nation's largest share sale by March, is the strongest and the largest brand in the country with a valuation of USD 8.656 billion (around Rs 64,722 crore), which also makes it the third strongest insurance brand globally, according to a brand

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Shriram AMC announces board approval of strategic investment by Mission1 Investments

[ad_1] Shriram Asset Management Company (AMC) on Wednesday said its board has approved a strategic investment by Mission1 Investments, which will own a 23 per cent stake in the company, following the completion of the transaction. This partnership will sharpen Shriram Group's focus and attention towards building an investment solutions

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Will bring out battery swapping policy, FM Nirmala Sitharaman says

[ad_1] Finance minister Nirmala Sitharaman has announced that to foster further efficiency in the electric vehicle ecosystem, a battery swapping policy will be deployed. “For setting up battery stations at scale a battery swapping policy will be brought out and interoperability standards will be formulated,” FM Sitharaman said. “The private sector

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