May 02, 2016 at 09:12 | Source: PTI
The total amount of funds yet to be raised by the state-run banks to shore up their capital requirements stands at Rs 22,257 crore, Finance Ministry said in reply to a Parliament question on Friday.
May 02, 2016 at 08:47 | Source: Reuters
Indian banks have either taken over or are in the process of seizing majority control in 18 firms with a combined debt of about USD 15 billion, under a central bank plan that allows them to swap the companies' debt for equity and freeze non-performing loans, brokerage Religare Capital Markets estimates.
Apr 29, 2016 at 20:57 | Source: Reuters
Central banks in Asia's emerging markets are introducing new policy tools to get lenders to cut borrowing costs and move credit more quickly through their slowing economies.
Apr 28, 2016 at 16:13 | Source: Moneycontrol.com
The US Federal Reserve as well as Bank of Japan kept their policy unchanged in back-to-back decisions this week. However, the BoJ's announcements managed to roil the markets more than the US. For emerging markets, especially India, the impact from either could be less.
Apr 22, 2016 at 08:34 | Source: PTI
RBI has communicated about the exclusion to banks, sources said, adding that some of the companies falling under the category include Jaiprakash Associates Ltd.
Apr 21, 2016 at 21:43 | Source: CNBC-TV18
Jan Lambregts, global head of financial markets research at Rabobank believes the recent quantitative easing by various central banks will lead to a flood of liquidity into the market which will eventually find its way to equities and will prove beneficial for emerging markets including India.
Apr 21, 2016 at 10:17 | Source: CNBC-TV18
Ashwani Gujral of ashwanigujral.com recommends buying Ahluwalia Contracts and Central Bank and feels that one can buy Havells India, Biocon and M&M Financials Services on correction.
Apr 20, 2016 at 13:34 | Source: Reuters
"As a central banker who has to be pragmatic, I cannot get euphoric if India is the fastest growing large economy," Rajan said in a speech to banking and finance students at an institute in Pune.
Apr 15, 2016 at 10:24 | Source: PTI
BRICS finance ministers and central bank governors met here on the sidelines of the Annual Spring meeting of the International Monetary Fund and the World Bank, for a discussion chaired by Finance Minister Arun Jaitley.
Apr 14, 2016 at 18:02 | Source: PTI
"The President is pleased to decide that the DR payable to central government pensioners and family pensioners shall be enhanced from the existing rate of 119 per cent to 125 per cent with effect from January 1, 2016," an order issued by Ministry of Personnel, Public grievances and Pensions said.