The business, set up in 1994 to house the bank's credit card portfolio, is a wholly owned subsidiary that offers more than half a million customers a range of Visa and Mastercard-linked card options.
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London-based Capco makes 96 per cent of its revenue from Europe and North America, from where Indian IT services companies have traditionally won the most lucrative contracts.
Several companies, including autos-to-technology conglomerate Mahindra Group and consumer goods giant ITC Ltd, had already started considering buying COVID-19 vaccines for their employees
Reliance Jio Infocomm Ltd said it acquired the right to use spectrum in all the 22 circles or zones across India. In all, it won 488.35 MHz of spectrum, taking up its spectrum footprint by 55 per cent to 1,717 MHz
State Bank of India, the country's largest lender, on Monday reduced its interest rate on home loans up to Rs 75 lakh to 6.70% from 6.8%.
BI FD Interest Rates: SBI's fixed deposits start from tenor of 7 days and go up to 10 years and any individual can open fixed deposit account with State Bank of India for minimum deposit of Rs 1,000.
'There is a need for coordinated action between the centre and states because there are inherent taxes levied by both,' said Reserve Bank of India's Governor Shaktikanta Das
Reliance Industries, HDFC Bank, Axis Bank, Bajaj Finance, State Bank of India, Larsen & Toubro and ICICI Bank were among the top movers in the Sensex
The exact percentage of the stake of Oil India and Engineers India will depend on the extent of the right of first offer to be exercised by the Assam government
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