Shares Archives - Page 2 of 35

16 Jun

SBI Slashes Fixed Deposit and Savings Account Rates Effective June 15, 2025

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#SBI #SBISlashesFDrates #SBIFixedDeposit #SBIFixedDeposit #SBiSavingsAccountRates Mumbai: The State Bank of India (SBI), the country’s largest public sector bank, has announced a significant reduction in interest rates on its savings accounts and fixed deposits (FDs), effective from June 15, 2025. The move comes in response to the Reserve Bank of India’s (RBI) recent policy easing aimed at stimulating economic growth. 🔻 Savings Account Rate Cut SBI has trimmed its savings account interest rate by 5 basis points. The new rate stands at 2.65% per annum, down from 2.70%. This revised rate applies uniformly across all account balances. 💰 Fixed Deposit Rate…

16 Jun

India Exports during April-May 2025 is estimated at US$ 142.43 Billion, as compared to US$ 134.69 Billion in April-May 2024, an estimated growth of 5.75%

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#IndiaTrade #IndiaExports #May2025Exports #Exportgrowth New Delhi: The cumulative value of merchandise exports during April-May 2025 was US$ 77.19 Billion, as compared to US$ 74.89 Billion during April-May 2024, registering a positive growth of 3.07%. The cumulative Non-Petroleum exports in April-May 2025 valued at US$ 64.25 Billion registered an increase of 7.53% as compared to US$ 59.75 Billion in April-May 2024. Major drivers of merchandise exports growth in May 2025 include Electronic Goods, Organic & Inorganic Chemicals, Drugs & Pharmaceuticals, Marine Products and RMG of all Textiles. Electronic Goods exports increased by 54.10 % from US$ 2.97 Billion in May 2024…

16 Jun

NSE International Exchange (NSE IX) signs strategic MoU with Cyprus Stock Exchange

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#NSEIXMOUCyprusStockExchange #MOU #CyprusStockExchange #Listings #PMMODI #NarendraModiCyprus Chandigarh: In a landmark development, NSE International Exchange (NSE IX), located at GIFT City, Gandhinagar, India, has signed a Memorandum of Understanding (MoU) with the Cyprus Stock Exchange (CSE). Held during the visit of Prime Minister of India Shri Narendra Modi ji to Cyprus and graced by H.E. Mr. Nikos Christodoulides, President of the Republic of Cyprus, the MoU was formalized during the roundtable event “Advancing a Strategic Economic Partnership” in Limassol, Cyprus, underlining the strategic significance of the agreement for both countries’ economic agendas. The MoU lays the foundation for multi-faceted cooperation between…

16 Jun

HDB Financial Services Likely to Launch ₹12,500 Crore IPO by June-End

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#HDBFinancialServices #HDBIPO #HDB12500crIPO #HDBFIN #HDBFINSERVIPO Mumbai: HDB Financial Services, a subsidiary of HDFC Bank, is set to launch its highly awaited initial public offering (IPO) by the end of June, industry sources confirmed. The ₹12,500-crore IPO is poised to become the largest-ever listing by a non-banking financial company (NBFC) in India. According to sources familiar with the matter, the company has already filed its Updated Draft Red Herring Prospectus (UDRHP) and plans to submit the Red Herring Prospectus (RHP) in the coming days. The anchor investor portion is scheduled for June 24, with the public issue expected to open between…

15 Jun

Syrma SGS Technology Charts Aggressive Growth Path with Strategic Expansions and Global Aspirations

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Syrma SGS Technology Charts Aggressive Growth Path with Strategic Expansions and Global Aspirations #SyrmaSGS #SyrmaSGSGrowth Chennai: Syrma SGS Technology Ltd, a Chennai-based electronics manufacturing services (EMS) provider, is making bold moves to cement its position as a leading design-led electronics player in India and abroad. From expanding its manufacturing footprint to deepening R&D capabilities and tapping into high-growth sectors, Syrma SGS is scripting an ambitious growth narrative at a time when India’s electronics manufacturing is at an inflection point. 📈 Strong Financial and Operational Momentum With a robust order book of ₹5,300 crore as of December 2024, Syrma is targeting…

14 Jun

IndusInd Bank signs MoU with Indian Institute of Management Lucknow Enterprise Incubation Centre

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#IndusIndBank #IndusIndBankIIMLucknow #MoU #IIMLucknow #EnterpriseIncubationCentre MOU to Boost Innovation-driven Entrepreneurship Chandigarh: IndusInd Bank has signed a Memorandum of Understanding (MoU) with the Enterprise Incubation Centre at Indian Institute of Management Lucknow (IIML-EIC) to empower startups through a combination of customized financial and innovation-led support solutions. The MoU is a significant step towards encouraging a robust 'banking and beyond banking' ecosystem, promoting innovation and sustainable growth for startups across sectors and stages. It reflects IndusInd Bank’s ongoing commitment to bolster the startup ecosystem and support their growing contribution to the Indian economy. The MoU aims to support Indian startups across various stages and…

14 Jun

ARISINFRA SOLUTIONS LIMITED Rs. 499.59 CRORE IPO TO OPEN ON Wednesday, 18 JUNE 2025

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#IPO #ARISINFRASOLUTIONSIPO #ARISINFRASOLUTIONS · Price Band fixed at ₹ 210 to ₹ 222 per Equity Share of face value of ₹ 2 each (“Equity Share”) · Bid /Offer will open on Wednesday, June 18, 2025 and close on Friday, June 20, 2025. The Anchor Investor Bidding Data Shall be Tuesday, June 17, 2025; · RHP link: https://www.sebi.gov.in/filings/public-issues/jun-2025/arisinfra-solutions-limited-rhp_94545.html Chandigarh: Arisinfra Solutions Ltd (“ASL” or “The Company”) shall open its Bid / Issue in relation to its initial public offer of Equity Shares on Wednesday, June 18, 2025. The Anchor Investor Bidding Date shall be Tuesday, June 17, 2025. The Bid/Issue will…

13 Jun

NPCI and IDRBT Sign MoU to Jointly Advance Payment Security and Cyber Resilience

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#NPCI #NPCIIDRBTMoU #NPCIAdvancePaymentSecurity #CyberResilience Chandigarh: National Payments Corporation of India (NPCI) and The Institute for Development and Research in Banking Technology (IDRBT) have signed a Memorandum of Understanding (MoU) to collaborate on initiatives that aim to strengthen the cyber security and resiliency across India’s digital payment ecosystem. As part of the agreement, the two organisations will jointly conduct targeted training programmes for tech and cyber professionals in the banking and digital payment services sector. These programmes will focus on key areas such as cyber security, resiliency and data privacy. The partnership will also lead to the development of an exclusive…

13 Jun

Bank of Baroda Implements Broad-Based MCLR Cut

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#BankofBaroda #BOBMCLRCut Chandigarh/Ludhiana: Bank of Baroda (Bank), one of India’s leading public sector banks, has announced a reduction in its Marginal Cost of Funds Based Lending Rate (MCLR), effective June 12, 2025. The revised rates will apply to new as well as existing loans linked to the MCLR benchmark. The Bank has reduced MCLR by 5 basis points across tenors from One Month to One Year. The new rates are as follows: Tenor Existing MCLR (%) Revised MCLR (%) w.e.f. June 12, 2025 Overnight 8.15 8.15 One Month 8.35 8.30 Three Months 8.55 8.50 Six Months 8.80 8.75 One Year…

12 Jun

NSE Academy collaborates with ACAMS to strengthen Anti Money Laundering education in India

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#NSEAcademyACAMS #NSEstrengthenAntiLaunderingeducation #NSEIndia Chandigarh: NSE Academy Limited (NAL), a subsidiary of the National Stock Exchange of India Ltd., has partnered with ACAMS, the largest international membership organization for Anti-Financial Crime professionals, to offer a range of certification courses designed to equip participants to effectively prevent financial crime and ensure compliance with regulatory standards. Together, NSE Academy Limited and ACAMS will provide training for Certified Anti-Money Laundering Specialist (CAMS) Certification in addition to offering certificate courses in AML frameworks. CAMS will deliver comprehensive insights into AML, risk assessment, and current regulations, equipping professionals to excel and contribute to a safer financial…