According to the World Bank, this Sustainable Development Bond aims to generate GBP 1.5 billion from investors, contributing to the financing of the World Bank's initiatives for sustainable development solutions in its member countries
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The new guidelines, which were released in August of this year, stated that non-compliance would not result in the imposition of penal interest. The new deadline for implementation is 1 April 2024
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The signing ceremony was graced by Vivek Kumar Dewangan, IAS, the chairman and managing director (CMD) of REC, Debadatta Chand, the managing director and CEO of Bank of Baroda and Lalit Tyagi, the executive director of Bank of Baroda
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Advances growth remained strong with disbursement sustaining across both Retail assets group and Commercial banking group
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Monetary policy transmission to bank lending and deposit rates has been stronger in this cycle compared to previous cycles
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In an interview with BW Businessworld, Shriram Life Insurance's Managing Director and CEO, Casparus J. H. Kromhout, talks about trends, penetration in rural areas, Bima Sugam and more
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The target was earlier attempted by significantly linking its use case to the popular United Payments Interface (UPI), a framework facilitating peer-to-peer money transfer via mobile apps. However, employees' CBDC wallets finally proved to be the right chord to reach the top
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The bank's overall business reached Rs 6,17,750 crore, up 11.55 per cent year-on-year (YoY) and 2.57 per cent quarter-on-quarter (QoQ) by the end of December 2023
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