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RBI has kept the repo rate unchanged, but sounded a caution on rising inflation
Banks and financial services are the HR flavour of the season, a report of The Times of India has stated, citing increased migration of talent from other sectors to banking, financial services and insurance (BFSI).
Sebi said that Registrar to an Issue would undertake third-party verification of the applications by matching the PAN available in the demat account with the PAN available in the bank account of the applicant.
On the other hand, wilful default indicates non-payment of the borrower even when he/she could make the committed payments. It is often found that the borrower siphons off cash, disposed of properties without proper procedure or used the funds for purposes other than those for which they were lent.
Hit by the sudden ban on imports of laptops and tablets, PC makers have sought more time from the government
There is a misconception spreading on social media that after the import ban, laptop prices might increase or there could be a shortage in supply
Manufacturing companies actually employ fewer than seven women per 100 employees
From November 1, 2023, onwards, companies will need license to import electronics like laptop, tablets, PCs and parts
Most global agencies such as ADB, IMF, World Bank have forecasted GDP growth rates in the 6.1-6.4% range this year.
As in FY23, the top three banks in India have a P/B multiple of 2.5 – far higher than the 0.5-1.5 band for banks in some major countries.