Shares of banking licence applicants on Wednesday
surged as much as 12.5 per cent after the Election Commission allowed the
Reserve Bank to issue licences for setting up new banks.
Election Commission given permission to RBI to issue
new bank licences.
Confederation of Indian Industry CII chief says
Economy can grow at 6.5% in FY15
World Bank President Jim Yong Kim announced that the
bank would nearly double its lending capacity to boost support for middle
countries like India, Brazil, China, Mexico and Indonesia.
Prime Minister of Kazakhstan Serik Akhmetov has resigs
and accepted by the president Nursultan Nazarbayev.
INSAT-3E communication satellite of India expired
recently after being in the orbit for around ten-and-a-half years.
Axis Bank, on the occasion of its 20th anniversary
on Wednesday, announced the launch of ‘Asha Home Loan’, a 30-year home loan
product for first time home buyers in the lower income segment, seeking
affordable EMIs.
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