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Banks’ NIM falls in Q2 as RBI penal charge diktat takes effect, deposit cost rises

Bankers expect pressure on NIM to continue in Q3



  • Money & Banking

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Govt invites applications for RBI Deputy Governor

The appointment is for a period of three years, and the individual is qualified for reappointment. The position will have a monthly salary of Rs ₹2.25 lakh (Level-17)




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JC Flowers ARC seeks bids to sell ₹2,613 crore of bad loans via Swiss challenge mode

The NPAs on block were part of YES Bank’s legacy bad loan portfolio.



  • Money & Banking

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CARE Ratings assigns ‘AA’ rating to Karur Vysya Bank’s fixed deposits

The agency noted that KVB’s advances grew by 16 per cent year-on-year



  • Money & Banking

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Deutsche Bank infuses ₹5,113 crore capital into India operations

Over the last decade, the bank has significantly increased its capital investments, tripling the capital base for Deutsche Bank Group in India



  • Money & Banking

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RBI designates 10-year Sovereign Green Bonds under FAR for investment by non-residents

Reserve Bank of India has decided to designate SGrBs of 10-year tenor to be issued by the government in the second half of the fiscal year 2024-25 as ‘specified securities’ under the FAR



  • Money & Banking

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LIC Q2FY25 results second quarter standalone net profit declined about 4%

Second quarter standalone net profit declined about 4 per cent year-on-year (y-o-y) to Rs ₹7,621 crore



  • Money & Banking

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ICICI Prudential Multi asset completes 22 years

A lump sum investment of ₹10 lakh at the time of inception in October 31, 2002 will be worth about ₹7.26 crore given compounded annual growth rate of 22 per cent



  • Money & Banking

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Max Life integrates Swiss Re’s digital health underwriting into its operations

Real-time risk assessment using Swiss Re’s digital health solution is expected to enhance efficiency and elevate the customer experience



  • Money & Banking

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Delhi Insurance Ombudsman Office clears all complaints of 2023-24

All 3,443 complaints received in 2023-24 have been disposed, says Sunita Sharma, Insurance Ombudsman 



  • Money & Banking

de

The Moccasin Game / directed by: Frank Corcoran ; produced by: Dennis Sawyer ; production agency: National Film Board of Canada (Montreal)

Montreal : National Film Board of Canada, 2019




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My Little Underground / directed by: Élise Simard ; produced by: David Verrall, Roddy McManus, Michael Fukushima ; production agency: National Film Board of Canada (Montreal)

Montreal : National Film Board of Canada, 2012




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At Home : A Model Person / directed by: Lynne Stopkewich ; produced by: Yves J. Ma, Tracey Friesen ; production agency: National Film Board of Canada (Montreal)

Montreal : National Film Board of Canada, 2012




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At Home : The Wound Inside / directed by: Darryl Nepinak ; produced by: Brendon Sawatzky, Alicia Smith, David Christensen ; production agency: National Film Board of Canada (Montreal)

Montreal : National Film Board of Canada, 2012




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Topics : Fetal Alcohol Spectrum Disorder / directed by: Nettie Wild ; production agencies: National Film Board of Canada (Montreal), British Columbia Centre for Disease Control. Street Nurse Program (Vancouver)

Montreal : National Film Board of Canada, 2019




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The Sniffing Bear / directed by: Co Hoedeman ; produced by: Thérèse Descary ; production agency: National Film Board of Canada (Montreal)

Montreal : National Film Board of Canada, 2008




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Topics : Sex, Drugs & Gender / directed by: Nettie Wild ; production agencies: British Columbia Centre for Disease Control. Street Nurse Program (Vancouver), National Film Board of Canada (Montreal)

Montreal : National Film Board of Canada, 2019




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Drugs menace inherited from previous ‘corrupt and criminal’ regime, says A.P. Deputy CM Pawan Kalyan  

Tagging his post on X to the office of the Union Home Minister, Pawan Kalyan calls for a special focus to check drug mafia, ganja cultivation, and related criminal activities in the State




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MP meets Governor, seeks permission to develop cricket grounds




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Aim is to provide a tractor load of sand for ₹900, says A.P. Urban Development Minister Narayana

Construction workers across the State have benefited from the free sand policy, he says, adding the NDA government will fulfil all its promises one after the other




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Minister Narayana assures completion of repair works, desilting of all irrigation canals in Nellore district

The state government is planning to launch a special drive for the removal of encroachments along the irrigation canals in the district




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IG orders departmental inquiry into ‘preferential treatment’ to Borugadda Anil Kumar

The events came to light after a video clip went viral on social media on Saturday, in which police can be seen offering him a table, bed sheet and allowing him to sleep outside the lock up, but within the station




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Thirteen leaders from Rayalaseema get nominated posts in A.P.

Somisetty Venkateshwarlu, Narasimha Yadav, Roopananda Reddy, Kappatralla Susheelamma, Mustaq Ahmed, Devendrappa, K.K. Choudhary, R. Sadashiva, C.R. Rajan, Neelayapalam Vijay Kumar, Poola Nagaraju, K. Hemalatha from TDP get nominated posts while T.C. Varun from JSP gets a post




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Master plan soon to develop Srisailam and tourism in Nallamala, says Andhra Pradesh Chief Minister Chandrababu Naidu

A committee comprising three Cabinet Ministers will be constituted for the purpose, says Chandrababu Naidu; he warns of severe action against those resorting to character assassination of women and children




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Andhra Pradesh government releases list of 62 persons nominated to various corporations

Chaganti Koteswara Rao and Mohammad Shareef have been appointed Advisers in the Cabinet rank on Ethics and Values, and Minority Affairs respectively




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Naidu sets June deadline for completion of new terminal building at Vijayawada airport

Chief Minister suggests changes in the design of the expansion works to reflect Andhra Pradesh’s culture and heritage




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Undeclared emergency prevailing in A.P., says former AAG Sudhakar Reddy 

Sudhakar Reddy alleged that the State had also been crushing the Opposition by getting the police into the act against all norms




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Vizianagaram MLC election: A.P. High Court sets aside disqualification of Raghu Raju; election to local bodies hangs in balance

As per the earlier schedule, the election will take place on November 28 and counting is scheduled for December 1.




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Five arrested in attack case; police deny political angle in attack on YSRC activist

The attacker was a tenant of the victim and had a grudge as he had been asked to vacate the by the victim, the police said




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Thousands of devotees perform Satyanarayana Vratam at Annavaram temple

Many weddings are being performed at the temple; devotees from the Telugu States, Odisha and Chhattisgarh are arriving to have darshan of the deity during Karthika Masam




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‘Karthika Masa Laksha Deepotsavam’ concludes on a grand note in Nellore

501 couples participate in the ‘Veera Venkata Satyanarayana Swamy Vratam’ organised on the occasion




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TDP leaders from Anantapur disappointed after being snubbed for nominated posts

Having swept all 14 Assembly seats and two MP seats in the undivided district, there were several contenders from the TDP and JSP for the nominated posts




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Syed Iftekhar Jamal named for Urdu Academy award

Mr. Jamal has been writing Urdu poetry since 1987, many of his works were published in Urdu dailies and magazines like Saalar, Siyasat, Etemaad and Dabistan




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Srisailam temple witnesses high devotee influx amid Karthika Masam

Devotees are allowed darshan from 4.30 a.m. to 4 p.m. and from 5.30 p.m. to 11 p.m.




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Suo motu cases against YSRCP chief Jagan if he issues threats to police officers, warns Andhra Pradesh Deputy CM Pawan

The government is not prepared to take lightly the former Chief Minister’s recent statement that he would not spare some IPS officers even after their retirement, asserts Pawan Kalyan; the government will not let the sacrifices of forest martyrs go waste, he says




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Podalakur Road will be developed on the lines of Trunk Road in Nellore, says Nellore Rural MLA

‘Median works will be completed within the next two months to remove traffic hassles for the road users’




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IT Minister Lokesh promises all support to weavers in Andhra Pradesh

He lays foundation stone for Padmasali Bhavan to be constructed by Padmasali International Welfare Association at Kolanukonda




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QCFI Tirupati chapter’s tenth anniversary concludes




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Engineering workers in Vijayawada demand increase in honorarium, compassionate recruitment

In the event of death of a serving employee, ex gratia should be increased from ₹5 lakh to ₹7 lakh, vacant posts should be filled immediately, and the kin of family should be considered for employment in cases where a worker dies, the municipal workers say in their list of demands




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Andhra Pradesh Budget highlights: ₹29,909 crore for school education, ₹16,739 crore for Panchayat Raj and Rural Development for FY25

The Andhra Pradesh Government presented its Budget with an outlay of ₹2,94,427.25 crore for the Financial Year 2024-25; revenue expenditure is estimated at ₹2,35,916.99 crore, and capital expenditure at ₹32,712.84 crore




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Andhra Pradesh Government presents Budget with an outlay ₹2.94 lakh crore

The fiscal deficit will be around 4.19% of the Gross State Domestic Product (GSDP), whereas the revenue deficit will be around 2.12% of the GSDP; ₹11,855 crore allocated for agriculture and allied sectors




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Man awarded 14 days jail for misbehaving with woman in Nandyal

The accused has been identified as Shaik Basheerullah alias Basheer




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Andhra Pradesh poised for growth under visionary leadership, asserts Lanka Dinakar

The annual budget balances welfare and development commendably, says chairman of the 20-Point Programme Committee




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Leopard killed in road accident in Sri Sathya Sai district




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Free DSC coaching for BC students to begin across Andhra Pradesh




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Andhra Pradesh Budget will benefit all sections of people, says JSP leader

‘The coalition government is keen to implement promises given to people during the election’




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Govt. is focused on creating conducive environment for industrial growth in Andhra Pradesh, says Finance Minister Keshav

A sum of ₹3,127 crore has been allocated to the sector in the 2024-25 Budget, he says, adding that the government has been able to rekindle interest among investors to make Andhra Pradesh their investment destination of choice




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Need to create awareness on Budget preparation among new MLAs, says Andhra Pradesh Assembly Speaker

‘It will equip them to express their opinion and they are also supposed to know the allocations made to 39 departments’




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Andhra Pradesh Budget is deceptive, says Buggana Rajendranath

How can the government fulfill its poll promises with a meagre increase in budgetary allocation of ₹24,000 crore, questions the former Finance Minister




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Two independent candidates file nominations for Vizianagaram local body MLC seat