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.
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.