Thursday, June 27, 2019

Banking

With an annual growth rate of 150% since 2016, the Aadhar-Enabled Payments Channel (AEPS), which falls under the broader category of micro-ATMs, has emerged as one of the fastest growing payments systems in the country.

from Banking/Finance-Industry-Economic Times https://ift.tt/2RG9WPR

Glenmark gets USFDA approval for Ezetimibe and Simvastatin

According to IQVIA sales data for the 12-month period ending April 2019, the Vytorin Tablets market achieved annual sales of approximately $92.4 million, the company said in the filing.

from India Infoline News Service https://ift.tt/2Xu9Ikb

Lupin gets tentative USFDA nod for Mirabegron ER Tablets

Lupin's Mirabegron ER Tablets, 25 mg and 50 mg, is a generic version of Myrbetriq Extended Release Tablets, 25 mg and 50 mg, of Astellas.

from India Infoline News Service https://ift.tt/2ZRcHAz

Jony Ive, the designer behind the iPhone, is leaving Apple

However, Apple said it will be one of Mr. Ive’s clients at his new firm.

from The Hindu - Industry https://ift.tt/2xj8lGg

Money Market Operations as on June 27, 2019



from PRESS RELEASES FROM RBI https://ift.tt/2FBhKgE
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Panel Discussion: Not just financial nuances, managerial capabilities of MSMEs also matter

There was consensus across the panel members on technological upgradation acting as a key force to move forward and incentivise growth in the times to come.

from SME Sector-Small Biz-Economic Times https://ift.tt/2FA99uD
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Gadkari proposes an e-commerce platform for MSMEs

He said that people from across the world should be able to reach the micro and small entrepreneurs of the country through the platform.

from SME Sector-Small Biz-Economic Times https://ift.tt/2ZRv2gS
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Asian markets slip ahead of key Trump-Xi meeting

Indexes were modestly lower in Tokyo, Hong Kong and Shanghai.

from India Infoline News Service https://ift.tt/2XAv3bA

Liquidity Adjustment Facility: Fixed Rate Reverse Repo Operations

The result of the RBI Fixed Rate Reverse Repo Operations held on June 27, 2019 is as under:

Amount (Face Value in ₹ Billion)
Items Overnight Reverse Repo Auction
5.50% Fixed Rate
1. Bids received  
(i) Number 65
(ii) Amount 371.26
2. Bids accepted  
(i) Number 65
(ii) Amount 371.26

Ajit Prasad
Assistant Adviser

Press Release: 2018-2019/3069



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