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Bajaj Auto eyes 26% market share: Report

Bajaj Auto is reportedly planning to increase its market share to 26% from the current 15%. In this regard, the company is taking corrective measures including launch of more than half a dozen products. With the help of new launches under the brands V, Avenger, Dominar and Pulsar Bajaj Auto ... Read More »

Karnataka Bank targets Rs 2,500 crore export credit in FY18

Karnataka Bank aims to achieve an export credit target of Rs 2,500 crore during the current financial year. Besides, the Bank will be proactive in extending all the required banking facilities to the forex sector by giving preferential treatment. Karnataka Bank operates as a private sector bank. Its products and ... Read More »

ITC hikes cigarette prices of three brands

ITC has hiked cigarette prices of its three brands effect from July 18, following GST Council hiked cess to pre-GST level. The company has increased Gold Flake Kings and Classic Rich prices to Rs 300 per 20 pack each, while Navy Cut Filter price increased to Rs 188 per 20 ... Read More »

Nucleus Software extends digitization capability of FinnOne Neo mCollect

Nucleus Software Exports has extended digitization capability of its lending mobility solution (FinnOne Neo mCollect) which can now be used for Unified Payments interface (UPI) based direct fund transfers. With this capability in FinnOne Neo mCollect, the loan collection agents can initiate a UPI based payment request to the customer ... Read More »

Bank of Baroda inks pact with DGS&D

Bank of Baroda has entered into an agreement with Directorate General of Supplies & Disposal (DGS&D) for extending various banking services to Government e-Marketplace (GeM). DGS&D has been mandated to set up GeM, an initiative intended to bring greater transparency and efficiency in public procurements. The relationship of the bank ... Read More »

New Rs. 20 Notes To Be Issued Soon

Reserve Bank of India has said it will shortly issue Rs. 20 banknotes in the Mahatma Gandhi Series. The new Rs. 20 notes have the inset letter ‘S’ in both the number panels and the signature of RBI Governor Urjit Patel, the central bank said. “All the banknotes in the ... Read More »