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.
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.
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.