Private Sector

Budget: Make Growth India's Biggest Priority Over Next Five Years, Says Sunil Kant Munjal

Business | NDTV Profit Team | Wednesday June 26, 2019

Steps should be taken to support the private sector so that it can play a bigger role in capital formation and job creation, Mr Munjal told NDTV.

Need To Boost Private Sector Participation In Affordable Housing, Say Experts

Business | NDTV Profit Team | Tuesday June 25, 2019

Budget 2019 expectation: Credit ratings agency CARE Ratings said, in a report listing its expectations from the Budget 2019-20 dated June 25, it expects additional allocation for the Pradhan Mantri Awas Yojana in the July 5 Budget. It also expects a reduction in the holding period of real estate investment trusts (ReITs) to be made in line with lis...

RBI Penalises HDFC Bank For Violating Know Your Customer Norms

Business | ANI | Wednesday June 19, 2019

The Reserve Bank of India (RBI) has imposed a fine of Rs 1 crore on private sector lender HDFC Bank for violating norms related to know your customer.

Congress Slams Centre Over Appointment Of Officials From Private Sector

India News | Press Trust of India | Friday June 14, 2019

The Congress today hit out at the BJP-led NDA government over its reported appointment of joint secretaries from the private sector without reservation and asked if it is fine to "sideline the Constitution" in the garb of inducting new talent.

Centre Plans To Induct Private Sector Specialists In Bureaucracy: Report

India News | Press Trust of India | Wednesday June 12, 2019

The Centre has planned to induct private sector specialists at the posts of Deputy Secretary and Director, considered as crucial decision-making levels in the bureaucratic hierarchy, officials told news agency PTI today.

Nirmala Sitharaman To Meet Agriculture Ministry Officials On Tuesday

Business | Indo-Asian News Service | Tuesday June 11, 2019

Under the scheme, interest subvention is provided to NABARD, regional rural banks, cooperative banks, public sector banks and scheduled private sector banks for providing short-term credit to farmers at a subsidised rate of interest.

Here Are Latest Fixed Deposit Interest Rates Offered By HDFC Bank

Business | NDTV Profit Team | Thursday June 6, 2019

Fixed deposit interest rates are subject to change from time to time. Last week, private sector lender Axis Bank also revised its fixed deposit interest rates on select maturities

Airlines Announce New Routes, Discounts On Flight Tickets, Details Here

Business | NDTV Profit Team | Wednesday June 5, 2019

Private sector airlines SpiceJet and IndiGo have announced new flights on both domestic and international routes

Real-Time Gross Settlement (RTGS) Payments Are Now Available For 90 More Minutes

Business | NDTV Profit Team | Tuesday June 4, 2019

Public sector lender State Bank of India, and its private sector peers ICICI Bank and HDFC Bank, among several other financial institutions, are members of payments systems RTGS and National Electronic Funds Transfer (NEFT). There are more than 1.1 lakh RTGS-enabled bank branches, according to the RBI website.

Jet Airways' Former Partners, Rivals Scramble To Fill Capacity Void

Business | Thomson Reuters | Monday June 3, 2019

In Jet Airways' absence, cash-strapped Air India is the only Indian carrier that operates wide-body jets capable of non-stop flights to Europe and the US, although Vistara has 6 Boeing Co 787s on order due for delivery from next year.

ATM Charges Levied By SBI For Transactions And Other Services

Business | NDTV Profit Team | Friday May 17, 2019

Private sector lenders such as HDFC Bank and ICICI Bank also offer limited number of transactions free of cost every month

You Need This Much Balance In Your Savings Account To Avoid Penalty Charges

Business | NDTV Profit Team | Wednesday May 8, 2019

From public sector lender State Bank of India (SBI) to its private sector peers ICICI Bank and HDFC Bank, the top banks have laid out their own rules to determine the required average monthly balance and the amount of penalty in case of non-compliance.

Axis Bank Reports Profit Of Rs 1,505 Crore In March Quarter

Business | NDTV Profit Team | Thursday April 25, 2019

Private sector lender Axis Bank had reported a net profit of Rs 1,681 crore for the October-December quarter.

Reliance Jio Provides Up To 84 GB Data In Five JioPhone Recharge Plans, Details Here

Business | NDTV Profit Team | Friday May 10, 2019

Jio phone recharge: Meant for Reliance Jio prepaid customers using the private sector telecom service provider's JioPhone devices, these recharge packs are priced from Rs 49 to Rs 594. The five JioPhone recharge options come with a validity period ranging from 28 days to 168 days. These JioPhone recharge packs, which work only if the Reliance Jio S...

Jet Lenders "Reasonably Hopeful" Of Successful Bids For Grounded Airline

Business | NDTV Profit Team | Thursday April 18, 2019

Jet Airways' group of lenders said on Thursday that they are "reasonably hopeful that the bid process is likely to be successful". The statement from the lenders, led by State Bank of India (SBI), came a day after the airline suspended all its flight operations indefinitely. Jet Airways - once India's largest private sector airline - took the decis...