JJ Collection & CoinValue Technology proudly announces the launch of its cutting-edge AI and ML-enabled coin sorting and counting machine, CoinValue a breakthrough innovation designed to revolutionize coin management for businesses, banks, and collectors. This state-of-the-art machine is engineered to address the complexities of handling Indian coins while offering unmatched accuracy, efficiency, and adaptability. … Read more
New Delhi, March 6 (IANS) Taking another step towards making Delhi a ‘City of Flowers’, Lt Governor V.K. Saxena on Thursday unveiled a breathtaking sea of golden calendula spread across 20 acres at Yamuna Vatika on the river floodplains and invited citizens to enjoy the spring. Releasing a video of L-G’s visit to Yamuna Vatika, … Read more
Pune, Feb 22 (IANS) Union Home Minister Amit Shah on Saturday called upon the cooperative banks to adopt new technologies for progress. He said that the cooperative sector has taken major initiatives to fulfil Prime Minister Narendra Modi’s two resolutions comprising a Viksit Bharat by 2047 and to make the country’s economy $5 trillion by … Read more
Bengaluru, Feb 5 (IANS) Fugitive liquor baron Vijay Mallya approached the Karnataka High Court on Wednesday seeking direction to banks to provide details of the total amount recovered against loans obtained by him, United Breweries Holdings Limited (UBHL, now in liquidation). Considering the plea, the High Court has issued notices to concerned banks in this … Read more
Mumbai, Jan 24 (IANS) The Reserve Bank of India (RBI) has got in touch with banks this week to understand the impact of its new liquidity coverage norms following concerns that the move would adversely impact the flow of credit in the economy. Banks have provided some feedback, asked for deferment of the norms and … Read more
New Delhi, Jan 24 (IANS) The gross non-performing assets (NPAs) ratio of Indian banks may decline by another 0.4 per cent to 2.4 per cent by March 2025 followed by a further 0.2 per cent dip in the next financial year, according to rating agency Fitch. Although the stress in retail loans is rising, particularly … Read more