Duty concessions for wind turbine components may continue

Duty concessions for wind turbine components may continue

BENGALURU: The ministry of new and renewable energy (MNRE), which was considering withdrawal of the customs duty concessions it provides wind turbine manufacturers, is now in favour of continuing these concessions for some time, sources said. MNRE held several rounds of discussions with Indian wind equipment makers about the duty concessions. It held the view … Read more

Ujjivan Small Finance Bank expects contraction in interest, fee incomes in FY21

Ujjivan Small Finance Bank expects contraction in interest, fee incomes in FY21

The bank said as digital payments have increased due to the pandemic, Ujjivan considers it as a good opportunity to expand initiatives and increase adoption to digital channels. Ujjivan Small Finance Bank (SFB) is expecting contraction in interest and fee incomes this fiscal due to business disruptions caused by COVID-19 and ensuing lockdowns, its annual … Read more

Confidence level of industry improving: KV Kamath, ICICI Bank

Confidence level of industry improving: KV Kamath, ICICI Bank

ET Now caught up with KV Kamath, Chairman, ICICI Bank, for his expectations from the Narendra Modi government as well as the Budget. Excerpts: ET Now: Talking of expectations from Narendra Modi, do not you think too much hope and money in essence is riding behind one man? Despite his good intentions, there are structural … Read more