HBL Engineering, in a stock exchange filing, said the Kavach implementation project spans the 446-km Vijayawada–Ballarshah section, covering 48 stations and 10 locomotives. The project is expected to be completed in 18 months.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.