4,500 crore in FY 2018-19 and Rs.1,500 crore in FY 2019-20 respectively. The Cabinet also approved an increase in the authorized capital of Exim Bank from Rs. 10,000 crore to Rs. 20,000 crore. The recapitalisation bonds will be on the lines issued to Public Sector Banks. Exim ...
These approvals will aid in the merger of HDFC Limited into HDFC Bank, which is expected to be finalized by the third quarter of the Financial year 2023-24 (Q3 FY24). In both cases, the merged entity HDFC Bank (after the effective date of the proposed amalgamation) will hold over 50%...
RBI projects 7.2% GDP growth for FY 2024-25. October 10, 2024 The RBI estimates GDP growth at 7.2% for 2024-25, driven by strong domestic demand, low raw material costs, and manufacturing sector growth. In Q1, GDP growth was 6.7%, with revised projections of 7% for Q2, 7.4% for Q3...
Note:In Financial Year 2023-24 (FY24), the Micro, Small and Medium Enterprises (MSME) sector contributed 45.73% of India’s exports. AboutCredlix: It is the digital supply chain financing platform from Moglix (Mogli Labs Private Limited), one of Asia’s largest Business-to-Business (B2B) ...
current account deficit of $9.7 billion in the three months to June of 2024, widening from the revised $8.9 billion in the corresponding period of the previous year. The widening was largely due to a sharp rise in the merchandise trade deficit ($65.1 billion vs $56.7 billion in FY20......
Procurement of1 lakh additional wagonsfor coal transportation by FY30. Projects likerail-over-rail construction in Cuttackandfour-laning of Cuttack-Paradip railway lineare in progress. 9) Answer: B Short Explanation: India has unveiled an ambitious plan to power its coastal and inland waterways ...
India’s economy is expected to continue to recover in the next 12-18 months, with Gross Domestic Product (GDP) growing 9.3 per cent in FY22 and 7.9 per cent in the following year. The pickup in economic activity will drive credit growth, which we expect to be 10 per cent to 13 per...
CSR Expenditure: HDFC Bank has spent ₹5,100 crore on CSR activities over the last decade, and reported a CSR spend of ₹945.31 crore for FY 2023-24. Skill training for 2 lakh individuals to promote self-sufficiency. Bringing 2 lakh acres of unirrigated land under irrigation to improve...
Medical Negligence in India: Current Issues and Ethics This paper discusses the growing incidences of medical negligence in India in the recent years and also explores the factors contributing to the ongoing rise in these incidences. It is important to know what the factors that constitute m......
Currently,SIAholds49%andTata Sonsholds a51%stake inVistara. If needed,additional capital injectionsfromSIAandTata Sonswill be done inFY23andFY24for theexpansionandoperationofAir India. Singapore Airlineswas established in1972with its hub inSingapore Changi Airport.The current CEO of the company isGoh...