Banks plan uniform lending policy in jewellery sector

SBI’s total global exposure to the industry is Rs 25,000 crore and the size of this portfolio has remained unchanged from the previous year. Banks led by State Bank of India (SBI) are working on a common policy framework for lending to the gems and jewellery sector, a senior executive said here. The uniform policy … Read more Banks plan uniform lending policy in jewellery sector

Reinventing banks as lifestyle advisers

Banks are facing increasing pressure for growing their business in the face of the emergence of new competition across all their service areas. The profound changes in consumer behaviour, technological innovations, the availability of a massive amount of data and the connected lifestyle of customers has led to a blurring of industry boundaries. Now we have … Read more Reinventing banks as lifestyle advisers

Apollo Health and Lifestyle raises Rs 450 cr of growth capital from World Bank’s arm IFC

Apollo Hospitals Enterprise Ltd is currently trading at Rs 1212.2, up by Rs 13.85 or 1.16% from its previous closing of Rs 1198.35 on the BSE. Apollo Health and Lifestyle Ltd. (AHLL), a wholly owned subsidiary of Apollo Hospitals Enterprise limited, and a leading player in the retail healthcare segment in India, today announced receiving … Read more Apollo Health and Lifestyle raises Rs 450 cr of growth capital from World Bank’s arm IFC