Foreign companies looking for incentives under the scheme may have to invest Rs 500 crore over four years, while the threshold for domestic firms is likely to be around Rs 20 crore for five years, the source who did not wish to be named said.
Net interest income-difference between interest paid to depositors and interest earned on loans-fell nearly 7% YoY to ₹11,020 crore in the fourth quarter. NII climbed
RBI’s proposed gold loan rules may curb the growth of gold finance companies by requiring them to adjust lending practices. Crisil Ratings suggests the draft
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