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Investment / Daily Excelsior

Modi pitches for studying a newer banking structure to fund future needs

MUMBAI, Apr 1 : Prime Minister Narendra Modi on Monday said there is a need to study newer banking structure with the evolving changes in the financial industrys landscape. Speaking at the inauguration event for the commemoration of 90 years of the Reserve bank of India (RBI) here, Modi said there may be a requirement for newer ways of financing, operating and business models in the changing landscape. The PM said the banking industry needs to move forward to ensure [] The post Modi pitches for

2 Apr 2024 5:05 am
Sensex raises 526 pts, Nifty ends above 22,100 on buying in banking, auto shares

MUMBAI, Mar 27 : Benchmark Sensex climbed 526 points while Nifty closed above the 22,100 level on Wednesday following buying in banking, auto and oil shares after positive macro data. The 30-share BSE Sensex climbed 526.01 points or 0.73 per cent to settle at 72,996.31 with 18 of its stocks advancing and 12 closing lower. During the day, it jumped 668.43 points or 0.92 per cent to 73,138.73. The broader Nifty of NSE rebounded by 118.95 points or 0.54 per [] The post Sensex raises 526 pts, Nifty

28 Mar 2024 5:58 am