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'Keep tax rates at same level; hike exemption limits'
Feb 03, 2012 at 17:02 | Source: PTI
Worried over the impact of global financial turmoil on the economy, India Inc today asked the Finance Ministry to retain tax rates at existing levels, but increase exemption limits to promote growth.
Brickwork assigns BWR AA rating to PTC India Fin NCD issue
Feb 02, 2012 at 18:01 | Source: Moneycontrol.com
Brickwork Ratings has assigned BWR AA rating with stable outlook for PTC India Financial Services Limited (PFS)s NCD Issue of Rs 100 Crs.
Follow KYC norms or face penalty, RBI tells banks
Dec 19, 2011 at 21:09 | Source: PTI
The capital-starved micro finance institutions may have reasons to cheer. The Reserve Bank of India (RBI) on Monday allowed micro finance institutions to raise external commercial borrowings (ECBs) up to $10 million (or around Rs 53 crore) during a financial year compared with the existing limit of $5 million (or around Rs 26.5 crore).
RBI allows MFIs to raise capital upto $10m via ECB
Dec 19, 2011 at 19:00 | Source: Moneycontrol.com
The capital-starved micro finance institutions may have reasons to cheer. The Reserve Bank of India (RBI) on Monday allowed micro finance institutions to raise external commercial borrowings (ECBs) up to $10 million (or around Rs 53 crore) during a financial year compared with the existing limit of $5 million (or around Rs 26.5 crore).
Limited policy options may prolong India's slowdown
Dec 13, 2011 at 21:10 | Source: Reuters
If Indian policymakers are hoping the country's slowing economy can rebound largely the same way it did from the 2008 global financial crisis, they are dreaming.
Mahindra & Mahindra Finance upgraded to 'Fitch AA+(ind)'
Sep 15, 2011 at 17:32 | Source: Moneycontrol.com
Fitch Ratings has come out with its report on Mahindra & Mahindra Financial Services Limited. The rating agency has upgraded India-based Mahindra & Mahindra Financial Services Limited's (MMFSL) National Long-Term Rating to 'Fitch AA+(ind)' from 'Fitch AA(ind)'.

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