Business highlights

Business highlights

New Delhi, Nov 16 (PTI) Following are the top business stories at 2030 hours: DEL67 BIZ-RBI-LD CREDIT RBI tighten norms for banks, NBFCs on personal loans by raising risk weights Mumbai: The Reserve Bank on Thursday tightened norms for consumer credit as it asked banks and NBFCs to assign a higher risk weight for unsecured personal loans, a move aimed at making the lenders more cautious on such advances.

DEL41 BIZ-LD UCOBANK Rs 820 cr erroneously credited to UCO Bank account holders due to technical glitch New Delhi: As much as Rs 820 crore were credited to account holders of UCO Bank in what the lender described as an erroneous transfer and has initiated a process to reverse the same.

DEL43 BIZ-LD STOCKS Markets rally for 2nd day on buying in IT stocks Mumbai: Equity benchmark stock indices Sensex and Nifty closed higher for a second straight day on Thursday following gains in IT, tech and consumer durable shares amid a mixed trend in global equities.

DEL39 PREZ-LD CAG People want to move forward rapidly to make India developed nation by 2047: President Murmu New Delhi: President Droupadi Murmu on Thursday said people of the nation want to move forward rapidly towards building a developed India by 2047 and called upon important organisations, including Comptroller and Auditor General of India (CAG), to contribute towards the goal.

DEL25 BIZ-SEBI-LD SAHARA Sahara matter will continue even after Roy's death: Sebi chief Mumbai: Sebi chairperson Madhabi Puri Buch on Thursday said the Sahara matter will continue for the capital markets regulator even after the death of the group's founder Subrata Roy.

DEL37 BIZ-RUPEE-CLOSE Rupee falls by 14 paise to 83.23 against US dollar Mumbai: The rupee declined by 14 paise to settle at 83.23 (provisional) against the US dollar on Thursday due to foreign fund outflows and a firm greenback in the overseas markets.

DEL32 BIZ-S&P-GROWTH India's GDP to grow 6.7.1 pc during 2024-2026, growth prospects remain strong: S&P New Delhi: India's economic growth prospects should remain strong over the medium term, with GDP expanding 6-7.1 per cent annually in fiscal years 2024-2026, S&P Global Ratings said on Thursday.

DCM43 BIZ-TATA TECHNOLOGIES-LD IPO Tata Technologies sets IPO price band at Rs 475-500 per share Mumbai: Tata Technologies on Thursday fixed the price band at Rs 475-500 per equity share for its Rs 3,042 crore initial public offering (IPO).

DEL42 BIZ-GOLD-PRICE Gold remains flat at Rs 61,210/10 gm; silver climbs Rs 300 New Delhi: Gold price remained flat at Rs 61,210 per 10 grams in the national capital on Thursday, according to HDFC Securities. PTI SHW

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