Over 1,200 stakeholders, including government officials and industry players, will discuss the progress of 14 Production Linked Incentive (PLI) schemes. The meeting aims to set higher standards of achievement and facilitate effective implementation of the PLI schemes. The schemes, announced in 2021, cover sectors such as telecommunications, white goods, textiles, medical devices, automobiles, and more.
FCNR(B) windfall for banks explained: Who got highest inflows and what it means for investors
FCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challenges could pressure margins. While ICICI Bank