Sunday , November 24 2024

Business

365 days recharge for 3 rupees, BSNL is ready to give tough competition to JIO and Airtel with 4G network

BSNL: Ever since Airtel and Jio have increased their recharge prices in the Indian market, people are getting attracted to BSNL SIM cards and discussing its plans. Another BSNL has surprised people by installing 4G towers across the country. With large coverage, people have again started seeing BSNL as a …

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MFIs borrow from non-banking financial institutions at high interest rates.

New Delhi: Commercial banks are currently cautious in lending to small microfinance institutions (MFIs). Due to this, MFIs have to borrow from non-banking financial institutions at higher interest rates. Recently, RBI deputy governor M Rajeswara Rao slammed micro lenders for “irregularly” increasing their margins and said that in the new …

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Even as LIC reduced its stake in the stock market, the value of its remaining stake increased

New Delhi: State-owned insurer Life Insurance Corporation of India (LIC) has taken full advantage of the bullish market by reducing its stake in all the top group companies in FY24. According to stock market data, despite the reduction in stake, the value of its remaining stake has increased significantly. According …

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