Briefly Business

Private sector lender ICICI Bank on Monday said it expects a credit growth rate of 20 per cent in the current fiscal.

ICICI sees 20% credit growth during FY11

New Delhi: Private sector lender ICICI Bank on Monday said it expects a credit growth rate of 20 per cent in the current fiscal. It (credit growth) would be 20 per cent, ICICI Bank CEO and Managing Director Chanda Kochhar said on the sidelines of a CII event here. The outstanding loan of ICICI Bank at the end of March 2010 stood at Rs 1,81,206 crore. The bank,however,had witnessed a decline in credit offtake in the last fiscal from Rs 2,18,311 crore in the year-ago period.

ONGC viability report of 9 gas blocks out

New Delhi: Oil and Natural Gas Corporation has told oil regulator DGH that its KG basin block may hold about 3 trillion cubic feet of gas reserves from which it plans to produce 25-30 million unit a day by 2016. ONGC last week submitted a proposal for declaring nine gas discoveries in the northern area of block KG-DWN-98/2 commercially viable,company sources said.

OilMin keen on early interviews for IOC post

Story continues below this ad

New Delhi: The government is keen on early interviews for the top job at Indian Oil Corporation as it does not want the nations largest oil firm to continue without a full-time chairman for long. Official sources said the oil ministry wants the Public Enterprise Selection Board,the governments headhunter,to hold interviews for IOC top job ahead of those to select chairman and managing director for Oil and Natural Gas Corporation (ONGC).

BSNL seeks refund of spectrum charges

New Delhi: State-owned BSNL on Monday said it has sought a refund of the Rs 18,500 crore it paid for 3G and broadband spectrum and has written a letter to the Department of Telecom for the same. We have written to the government (DoT). We have not got any response from them yet,” BSNL CMD Kuldeep Goyal told reporters on the sidelines of a CII function.

StanChart launches online remittance

Mumbai: Standard Chartered Bank on Monday announced the launch of its online remittance service,Transfer2Home,as part of its NRI services offering. India is the top remittance receiver in the world and remittance through the online channel is growing at an incredible pace. Hence,it is imperative that we establish our presence in this sphere”,said Shyam Srinivasan,the companys Country Head Consumer Banking,India.

FM to meet southern CMs and FMs today

Hyderabad: Finance minister Pranab Mukherjee will chair a meeting of the chief ministers and finance ministers of southern states here on Tuesday. Union Minister of State for Finance Namo Narain Meena,top officials from the Finance Ministry,RBI,the heads of public sector banks and the chairman of Nabard will attend the meeting at Jubilee Hall. The meet will discuss a host of issues,including the states finances,the chief ministers office said here on Monday.

Tags:
ie

H-1B visa fee hike, US H-1B visa policy, $100000 H-1B visa fee, India response to H-1B fee, humanitarian impact H-1B visa, Indian government on H-1B, Randhir Jaiswal H-1B statement, Indian IT companies H-1B visas, Infosys H-1B approvals, TCS H-1B visa employees, Wipro H-1B visa applications, HCL H-1B workforce, US visa restrictions 2025, H-1B visa deadline September 21, Microsoft H-1B travel advisory, Amazon H-1B visa holders, JP Morgan H-1B guidance, H-1B visa program abuse, Indian skilled workers in US, USCIS H-1B data 2023

‘I don’t know what awaits me in the US’: The lives upended by Trump’s H-1B proclamation

India9 hr ago

The recent imposition of a $100,000 fee on H-1B visas by Trump has caused chaos and uncertainty for Indian families in Dubai, leading many to rush back to the US. This has particularly affected Telugu-speaking Indians, with the Telangana IT Minister seeking intervention from the Centre.

View all shorts

Live Blog