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HDFC held 26.14% of shares in HDFC Bank. HDFC Bank sources home loans for HDFC for a fee. [22] The key business areas of HDFC Bank were wholesale and retail banking and treasury operations. As of April 2023, its market capitalisation was ₹ 941,386 crore (US$110 billion), making it India's third largest publicly traded company. [23]
The Centre for Railway Information Systems (CRIS) designs, develops, implements and maintains most of the important information systems of Indian Railways. It is under the ownership of Government of India and administrative control of the Ministry of Railways. It is located in Chanakyapuri, New Delhi. CRIS was established in 1986.
Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking [3] engaged in raising financial resources for expansion and running through capital markets and other borrowings. [ 4 ] [ 5 ] The Government of India owns a majority stake in the company, while the Ministry of Railways has administrative control.
On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [23] [24] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.
As decided by government of India at the end of 2019 all Railway services are to be merged into one service called Indian Railway Management Service. Moreover, Railway Board has been reconstituted with chairman and CEO as head and Member Finance, Member Transportation and Business Development, Member Infrastructure and Member Rolling Stock and ...
The Indian Railway Personnel Service (IRPS) is a Prestigious Group 'A' Central Civil Service cadre of the Government of India. The central civil servants of this service are responsible for managing the Human Resources of the Indian Railways and welfare of railway employees and their families. Railways has a work force of about 1.4 million ...
Essential documents like an Aadhaar, an Aadhaar-linked phone number, and an OTP verification are also needed for the card's issuance as part of the Know Your Customer (KYC) requirement. [34] Due to poor adoption rate, the Reserve Bank of India (RBI) removed KYC requirement for NCMC with a ₹3,000 limit as of February 23, 2024. This should make ...
Ajmer railway division is one of the four railway divisions under the jurisdiction of North Western Railway zone of the Indian Railways. [1] This railway division was formed on 5 November 1951 and its headquarter is located at Ajmer in the state of Rajasthan of India.