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Deposits under Jan Dhan Yojana cross Rs.25,000 cr

Deposits under Jan Dhan Yojana cross Rs.25,000 cr

Deposits in accounts opened under the government®s ambitious financial inclusion scheme Pradhan Mantri Jan Dhan Yojana have crossed Rs.25,000 crore, the Finance Ministry said. A “good amount” has come to the banks as low-cost deposits, it said.

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Kandla Port Trust takes over ABG’s KCTPL

Kandla Port Trust takes over ABG’s KCTPL

Kandla Port Trust (KPT) has secured the Kandla Container Terminal's (KCTPL) Rs 110 crore debt lent by Axis Bank and UCO Bank. The takeover has been done in the proceedings before the Gujarat High Court. Kandla Container Terminal is a subsidiary of ABG Infralogistics.