having the owned fund of not less than Rs 2 crore or such other amount not exceeding 15% of total financial assets acquired or to be acquired by the securitisation company or reconstruction company.
Rating agency Moody's Investors Service has upgraded India's sovereign rating outlook to 'stable' from 'negative', following an improvement in the financial sector and faster-than-expected economic recovery across sectors.
The State Bank of India has partnered with the Indian Navy to launch a NAV-eCash card for the naval personnel onboard the country's largest Naval Aircraft carrier INS Vikramaditya.
US-based Stanford University's Professor Eric A. Hanushek and Mumbai-based Dr Rukmini Banerji have been felicitated with the 2021 Yidan Prize, the world's highest education accolade.
EXAMIANS