Aggregate Technical and Commercial Loss (AT&C Loss) and ACS-ARR Gap are key indicators of DISCOM performance. In the last 2 years, the AT&C loss of the DISCOMs of the country was hovering at 21-22%.
The Prime Minister, Shri Narendra Modi has paid tributes to Sri Guru Teg Bahadur Ji on his martyrdom day.
Prime Minister Shri Narendra Modi met H.E. Ms Giorgia Meloni, Prime Minister of Italy on the sidelines of the G-20 Summit in Bali today.
The Prime Minister, Shri Narendra Modi has greeted the people of Uttarakhand on their Statehood Day.
The Prime Minister, Shri Narendra Modi has greeted the people on the occasion of Parkash Purab of Sri Guru Nanak Dev Ji.
The Prime Minister, Shri Narendra Modi has paid homage to noted Tamil writer Thiru Azha. Valliappa on his birth centenary.
The Prime Minister, Shri Narendra Modi has congratulated Luiz Inácio Lula da Silva on winning the Presidential elections in Brazil.
The Directorate of Revenue Intelligence (DRI) is celebrating its 65th Founding Day on 5th-6th December 2022 this year
The Competition Commission of India (‘CCI’) passed a final order against seven entities for indulging in an anti-competitive agreement for the supply of signages for branches/offices/ATMs of State Bank of India (SBI)
State Bank of India (SBI) through its Strategic Training Unit is proud to announce a partnership with edX. As part of the agreement between the State Bank of India, a leading Banking & Financial service group in India, and edX, the trusted platform for learning
Mumbai, India: State Bank of India and National Investment and Infrastructure Fund (NIIF) have today inked a Memorandum of Understanding (MoU) to boost the availability of capital for infrastructure projects. The scope of the MoU includes equity investments, project funding, bond financing, renewable energy support, and take-out finance for operating assets. The objective of this initiative is to aid in filling the gap at a time when the availability of equity and debt financing for infrastructure has moderated. On the sidelines of the signing event, Rajnish Kumar, Chairman, SBI said, “Today on the auspicious occasion of 64 the Bank’s Day, SBI, and NIIF have joined hands to provide a suite of financing solutions to the Infrastructure sector. The initiative will address concerns relating to the availability of equity and long term debt funding options to large scale projects thereby stimulating infrastructure development”. Sujoy Bose, Managing Director, and CEO, NIIF said, “The availability of postconstruction take-out equity and debt financing for developers and builders of infrastructure projects will play an important role in the infrastructure development cycle in India. NIIF’s partnership with SBI will allow us to design large-scale long-term financing solutions to address this need. We are delighted to sign …
The Foreign Contribution (Regulation) Amendment Act 2020, mandates that each FCRA NGO has to now compulsorily open an ‘FCRA account’ in SBI, Main Branch, New Delhi