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Canara Bank reduces Repo-Linked Lending Rate post-RBI MPC meeting
Canara Bank, in an official statement, has announced a reduction in its Repo Linked Lending Rate (RLLR) from 8.75 percent to 8.25 percent (applicable on its assets portfolio linked to External Benchmark rate), following the Reserve Bank of India’s (RBI) announcement cutting the repo rate by 50 basis points, from 6 percent to 5.50 percent, in the latest Monetary Policy Committee (MPC) meeting.
Government-industry meet held to form roadmap for business growth
The Government of Karnataka recently hosted the first edition of “Uthpadana Manthana”, an initiative designed to fast-track the state’s vision of becoming India’s premier manufacturing hub.
RBI opts for another rate cut
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) announced its Monetary Policy Statement on June 6, 2025, opting for rate cuts.
Soon, big meeting with industry to guide Karnataka towards becoming manufacturing powerhouse
On June 10, 2025, the Government of Karnataka will host ‘Uthpadana Manthana’, a one-day strategic conference at Taj West End, Bengaluru.
South Western Railway officials inspect JSW Steel facilities, discuss ways to boost operational efficiency
Mukul Saran Mathur, General Manager, South Western Railway, on Friday conducted a window trailing inspection of the SSS Hubballi–Toranagallu section to assess operational and safety parameters.
South Western Railway GM inspects Subrahmanya Road railway station
Mukul Saran Mathur, General Manager of South Western Railway, recently conducted an inspection of Subrahmanya Road Railway Station, which is currently undergoing redevelopment under the Amrit Bharat Station Scheme, an official release said.
Dhan Ki Baat: KSDL beats 108-year-record, rakes in Rs 186 crore in May alone
Karnataka Soaps and Detergents Limited (KSDL), a state-owned enterprise, has achieved a historic milestone by registering a monthly turnover of ₹186 crore in May — its highest ever in the company’s 108-year history.
₹600-crore manufacturing plant to come up in Hubballi
Nidec, a global leader in data centre equipment manufacturing, has inaugurated a new plant with an investment of ₹600 crore at the Dharwad-Beluru Industrial Area.
Four airlines form consortium to offer Indian passengers better connectivity to USA, Europe
: IndiGo, Delta Air Lines, Air France-KLM and Virgin Atlantic on Sunday announced plans to build an industry-leading partnership connecting India with Europe and North America, with ambitions to grow to a global scale.
No more penalties for non-maintenance of minimum balance in Canara Bank SB accounts
Canara Bank head office in Bengaluru. Bengaluru: Canara Bank, one of India’s leading public sector banks, in a landmark move, has announced the complete waiver
