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SBI to purchase good quality assets from NBFCs

State Bank of India (SBI) will purchase good quality assets worth Rs 45,000 crore from NBFCs (non-banking finance companies) which are facing liquidity crisis triggered by a series of debt repayment defaults by financial conglomerate IL&FS and its subsidiaries. Earlier, the bank had planned for a growth of Rs 15,000 ... Read More »

Pak troops plead for ‘ceasefire’ after BSF destroys assets across IB

The border guarding force also released a 19-second thermal-imagery footage showing the destruction of a Pakistani picket across the border in retaliation to the unprovoked firing and shelling along the international boundary on May 19. “(Pakistan) Rangers called up Jammu BSF formation today and beseeched to stop firing,” a BSF ... Read More »

London HC: Mallya assets can be seized in Britain

The high court judge, who upheld a worldwide freeze order and ruled in favour of 13 Indian state-owned banks to recover funds amounting to nearly 1.145 billion pounds in a judgment, took note of the fact that the 62-year-old businessman is contesting his extradition to India relating to “alleged financial ... Read More »

3 Reasons App Designers are Assets to Any Business

Every business has a unique way of marketing. App designers can be an essential part of building your brand, satisfying your customers, and boosting your company profile. Using Apps to Generate Buzz When building a brand or expanding an established business, it’s never too early to consider consulting an app ... Read More »