This partnership will enable Axis Bank to strengthen its commitment towards financial inclusion and also reinforce its Bharat Bank strategy of ensuring last mile connectivity.
The existing capacity of plant 1 at Hunsur, Mysore is 28,704 spindles and the capacity utilization is at 100%.
As part of NRLM, HDFC Bank provides access to financial services to over 4.5 lakh individuals in unbanked and underbanked sections of society.
It has registered a growth of 37% QoQ, with sales volume at 402,729 tons in Q3FY22.
Suomen has ceased to be a subsidiary of Holiday Club Resorts Oy, Finland, Mahindra Holidays & Resorts and consequently, that of the Company with effect from March 30 2022.
During the financial year 2021-22, BSE StAR MF grows 97% to reach 18.47 crore transactions and Rs 81,350 crore net equity inflow for mutual funds.
The RBI said on Thursday that, the current account deficit was 1.2 per cent of GDP in April-December 2021 as against a surplus of 1.7 per cent in April-December 2020 on the back of a sharp increase in the trade deficit.
Sangam Ventures limited, the Wholly Owned Subsidiary, was incorporated on December 03, 2021.
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