Monsoon rainfall is likely to be "normal" at 99% of long period average (LPA) with an error margin of +/-5%, India Meteorological Department (IMD) said in its long-range forecast.
State Bank of India (SBI) has raised 3-year funds of $500 million (over Rs 3,800 crore) through a syndicated loan facility at "very fine pricing" through its IFSC Gift City branch.
Mumbai's BEST will now be introducing 100 per cent digital ticketing on buses with the 'Tap In Tap Out' service by using Chalo smart cards and a mobile app.
Union Bank of India has launched UnionNXT and Digital Transformation Project SAMBHAV with an investment outlay of around Rs 1,000 crore for the current financial year 2022-23.