City Union Bank Aims for 15-18% Loan Growth, Conservative Model
City Union Bank plans to maintain its conservative lending model and outpace industry growth by 2-3 percentage points, targeting 15-18% loan growth while keeping LDR at 85-87%.
Category : Business
City Union Bank Targets 15-18% Loan Growth Under New CEO
City Union Bank aims to maintain its industry-beating growth of 2-3% above average, with a conservative lending model. New CEO R Vijay Anandh targets 15-18% loan growth and stable LDR of 85-87%.
UAE's OPEC Exit May Benefit India's Oil Security
The UAE's exit from OPEC may benefit India by enabling long-term oil deals at lower prices, thanks to geographical proximity and higher crude quality.
Sirsa to Display List of Illegal Colonies to Curb Fraud
Sirsa authorities will publicly display lists of illegal colonies to protect buyers from fraud, warning against purchasing plots in unapproved layouts.
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Heineken's Hyderabad GCC: Key to Global Strategy and Growth
Heineken's new Global Capability Centre in Hyderabad is a strategic move to streamline operations, leverage talent, and drive growth in India and beyond, with plans to employ up to 4,000 by 2030.
Telangana Releases Rs 1,000 Crore for Govt Employees
Telangana government releases Rs 1,000 crore to clear pending GPF dues of retired employees and other benefits, fulfilling a promise and increasing monthly allocation from Rs 700 crore.
Telangana Releases Rs 1,000 Crore for Employee Dues
Telangana government releases Rs 1,000 crore to clear pending GPF dues of retired employees, fulfilling assembly promise and increasing monthly allocation from Rs 700 crore.
Private Firm Wins AN-32 Maintenance Contract
The Indian Air Force has awarded a contract to a private firm for the maintenance of its fleet of AN-32 transport aircraft, aiming to enhance operational readiness.
Telangana, Kerala Lowest in Cash Transfers Among South States
Telangana and Kerala allocate only 2.7% and less than 1% of revenue receipts to cash transfers, respectively, while Karnataka leads at 10.5%. Cash transfers have surged 53.6% annually across states.
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Cochin Shipyard to Deliver Third Ro-Ro Vessel in May
Cochin Shipyard will hand over the third Ro-Ro vessel to Kochi corporation in May. The civic body plans to commission it immediately to ease dry docking of older vessels.
Co-working firms face GST registration hurdles in Gujarat
Businesses in co-working spaces in Gujarat face GST registration scrutiny, with officials suspecting shell companies. Experts call for clearer guidelines as startups and SMEs rely on flexible workspaces.
Fuel queues ease in Hyderabad after panic buying surge
After two days of panic buying, fuel queues in Hyderabad eased on Wednesday. Supply ramped up by 132% for petrol and 210% for diesel. Officials urge no hoarding.
Rain damages wheat sacks at Kharkhoda grain market in Sonipat
Unexpected rain soaked thousands of wheat sacks left exposed at Kharkhoda grain market due to vehicle shortages and delayed lifting, causing quality loss and farmer distress.
Vijayawada Road Project Gets Zero Bids Under PPP Model
Vijayawada Municipal Corporation's plan to construct 19 roads at ₹171 crore under PPP model fails to attract any bidders, prompting a second tender call.
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Kolhapur Cop Booked for Bribery, Accomplice Arrested
A police head constable and his accomplice were booked for demanding a Rs50,000 bribe to release an impounded car in Kolhapur. The ACB arrested the accomplice.
Noida Admin Issues Notices to 45 Schools Over Fee Hike
Noida district administration has issued notices to 45 private schools for allegedly violating the fee hike cap of 7.23% set by the Fee Regulatory Committee for the 2026-27 session.
Rajasthan Labour Market Shows Wide Gender Gap
Rajasthan's LFPR stands at 45.4%, above national average, but women's participation lags at 35.5%, highlighting a persistent gender divide across rural and urban areas.
Mega Zinc Park Proposed in Bhilwara by RIICO and Hindustan Zinc
RIICO and Hindustan Zinc propose a 111-acre Mega Zinc Park in Bhilwara, Rajasthan, with infrastructure and investment from multiple companies, boosting industrial growth and jobs.
Farmers Agree to Land for Naraingarh IMT in Haryana
Farmers in Haryana's Naraingarh have agreed to offer nearly 450 acres at government-fixed rates for the proposed Industrial Model Township, boosting the state's industrial expansion plans.
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Farmers agree to offer land for Naraingarh IMT in Haryana
Farmers in Naraingarh agreed to offer nearly 450 acres at govt-fixed rates for the proposed Industrial Model Township, boosting Haryana's industrial expansion plans.
Mastermind of Assam Trading Scam Arrested in Silchar
Jaideep Dutta, the alleged mastermind of a major trading scam in Assam's Barak Valley, was arrested in Silchar. He had cheated investors of crores of rupees.
Kasheli Creek Bridge Opens, Eases Mumbai-Nashik Highway Traffic
The new four-lane, 800-metre bridge over Kasheli creek offers partial relief to motorists on the Mumbai-Nashik highway, though widening work at other sections continues.
Goa CM asks industries to hire local youth, 1,300 jobs soon
Goa CM Pramod Sawant urged industries to hire Goan youth, stating 1,300 offer letters will be handed out by May 2-3 after a recruitment drive at Verna industrial estate.
India's FY26 crude imports up 1%, March falls 17%
India's crude imports rose nearly 1% in FY26 to 245.3 MT, but March purchases fell 17% due to West Asia trade disruptions. Net import bill dropped 10% to $117.5 billion.
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Delhi CM Launches Lottery System for GST Officer Postings
Delhi CM Rekha Gupta introduces a lottery-based posting system for GST officers to ensure transparency and curb corruption, with 87 officers allotted wards through a videographed process.
Punjab wheat procurement nears end, 97.7% arrivals bought
Punjab's wheat procurement season nears end with 97.7% of arrivals purchased. Total arrivals reach 110.7 lakh MT against 122 lakh MT target, while lifting lags at 44.6%.
Fed Holds Rates Steady Amid Middle East Uncertainty
The US Federal Reserve kept interest rates unchanged at 3.5-3.75% due to inflation risks from rising global energy prices and Middle East tensions.
Builders Seek Common FAR Norms for Mysuru
Builders in Mysuru have submitted a memorandum to the MCC commissioner seeking uniform Floor Area Ratio norms to support planned urban growth and streamline regulations.
UP Govt Mass Wedding for 200 Labourers' Daughters on May Day
Uttar Pradesh government will organise a mass wedding for 200 daughters of labourers on International Workers' Day, with Rs 1 lakh per couple under the Kanya Vivah Sahayata Yojana.
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Industry Leaders Seek New Industrial Park in Hassan District
A delegation led by FKCCI director HA Kiran urged Karnataka's industries department to develop an industrial park in Hassan district, citing favorable climate, connectivity, and talent pool.
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