Jaipur, 12 April, 2019: The fifth edition of TransUnion CIBIL- SIDBI MSME Pulse Report shows that commercial credit growth has continued to rise at 14.4% year-on-year (YOY) in the quarter ending Dec ’18. The total on-balance sheet credit exposure in India stood at ₹ 111.1 Lakh Crores as of Dec’18 of which MSME credit accounts for 25.2 Lakh Crores, including …

जयपुर, 27 फरवरी, 2019ः भारत की सबसे बड़ी बीमा कंपनी, एलआईसी आॅफ इंडिया और आईडीबीआई बैंक लिमिटेड ने आईडीबीआई बैंक की शाखाओं के जरिए एलआईसी के बीमा उत्पाद उपलब्ध कराने हेतु सर्विस लेवल एग्रीमेंट किया है। एलआईसी के काॅर्पोरेट एजेंट के रूप में, आईडीबीआई बैंक, देश में फैली अपनी 1800 शाखाओं के 1.80 ग्राहकों को एलआईसी की बीमा पेशकशों की …

Jaipur, April 12, 2019: SpiceJet, the country’s favourite carrier, will induct 16 Boeing 737-800 NG aircraft on dry lease and has applied to the Directorate General of Civil Aviation (DGCA) for a No Objection Certificate (NOC) to import the aircraft. Subject to regulatory approvals, the aircraft would begin joining SpiceJet fleet in the next ten days. Ajay Singh, Chairman and …

Jaipur, April 12, 2019: TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers, today celebrated 25 years of its iconic brand TVS Scooty, with introduction of two new colours – Revving Red and Glittering Gold for TVS Scooty Pep+. TVS Scooty, is an iconic Indian automotive brand.  The scooter has been a fun experience for 25 years, a significant milestone which has been made …

Jaipur, April 12, 2019: IDBI Bank reduces Marginal Cost of Funds based Lending Rates ( MCLR ) as under : Tenor MCLR ( in % ) Overnight 7.90% One Month 8.15% Three Month 8.40% Six Month 8.60% One Year 9.00% Two Year 9.25% Three Year 9.30%   The above revised rates are applicable w.e.f. April 12, 2019. The bank has …

Jaipur, 12 April 2019 – Visitors entering BKT Space, inaugurated on 5 April 2019 at the Italian offices in Seregno, are greeted by a video of Arvind Poddar, Chairman and Managing Director of BKT: “It is my pleasure to warmly welcome you to our BKT Space where traditional values and advanced technology merge into one dimension”. Exploring the new space …

Jaipur, April 12, 2019: Mahindra Finance, India’s leading rural finance company has been recognized as one of the ‘25 Best Large Workplaces in Asia 2019’, from an exhaustive list of 1200 nominations across the continent. The study was conducted by global research and consulting firm, Great Place to Work®. The company has been ranked 11 among this year’s Best Large …

Jaipur, 12th April 2019: Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem & jewellery industry in India, kick started the 6th edition of “India Gemstone Week” in Jaipur today. The event was inaugurated by Mr. Pramod Kumar Agrawal, Chairman, GJEPC; Shri Nirmal Bardia, Regional Chairman, Shri Vijay Kedia, Co-convener, Coloured Gemstones Panel, Shri Sabyasachi Ray, …

Jaipur, 10th April, 2019:   A term loan agreement for ₹2000 crore was signed with Canara Bank on 5th April, 2019. The loan facility is extended at an interest rate linked to 3-Month MCLR of the Bank. This loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of NTPC. The …

Jaipur, April 10, 2019: TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, has launched four new products in Bangladesh. The products include premium motorcycle TVS Apache RTR 160 4V single disc, 125cc motorcycle TVS Max 125, 100cc motorcycle TVS Metro special edition and utility vehicle TVS XL100 Heavy Duty ‘i-Touch Start’*. These products will target the …