Gopika Gopakumar

The latest name hitting the bourses will be woollen hosiery garments maker - Monte Carlo Fashions. Though the Ludhiana based company is already sitting on cash, it says a public listing will broaden its stake holder base and identity

Western Union ambitious in seeking a partner in India

It may be the fastest way to send money worldwide but in India, Western Union believes banking is the way to reach more people.

Continental Tires bets on Indian govt's reform push

The automotive sector may not be in top gear yet, but that's not stopping the world's fourth largest tyre manufacturer from ramping up its production in India. Continental Tire says it is yet to see changes on the ground in terms of the ease of doing business but hopes the new government will walk the talk.

IMF raises India's growth forecast to 5.6%

IMF has raised India's FY15 growth forecast to 5.6 percent, higher than 5.4 percent estimated in July this year. The fund believes pick up in exports and investments have aided India's recovery. However the fund is less bullish about global growth this year, reports CNBC-TV18's Gopika Gopakumar.

Raghuram Rajan: Destiny's child or beginner's luck?

Call him the James Bond of banking or the Chennai Express of markets, this year's most desirable Indian could be none other than Dr Raghuram Rajan, the 23rd governor of RBI.

Plan no-gift policy, 2-year sabbatical for women: SBI Chmn

Arundhati Bhattacharya is busy putting in place a moral code of conduct at the country's largest bank. This after SBI deputy managing director Shyamala Acharya was accused of taking bribes.

Woman attacked in ATM booth; need for tighter security

The Indian bank association says ATM security is the responsibility of the bank but is quick to add that no bank is required to provide round-the-clock security at these kiosks, when other security measures are available.

SKS Micro won't let Akula on board, may review other names

SKS Microfinance board members unanimously oppose giving a board seat to its founder Vikram Akula saying his return is not in the best interest of either the company or its borrowers,

New dollar window a big boost for banks

Under this window, banks can swap the dollar deposits raised from non-resident Indians with rupee deposits. And for this hedge, banks will have to pay RBI an interest at just 3.5 percent per annum, against current hedging costs of 7 percent. This will bring the total cost of FCNR deposits down to around 9 percent.

India's 67th Independence Day: Taking stock of the economy

It is independence week and it is time for stocktaking, to be sure we have done well these 66 years, reports CNBC-TV18‘s Gopika Gopakumar.

CDR cell sees over 50% jump in loan recast requests in Q1

Around Rs 47,359 crore of loans were referred to the corporate debt restructuring (CDR) in just one month, which is over half of what was referred in the last year

Pvt banks see modest pay hikes; Chanda still highest paid

ICICI Bank's managing director, Kochhar took Rs 5.12 crore as her take home salary in FY13. She has topped the list of the bankers getting high remuneration.

PSU banks make defaulters' names public to recover dues

CNBC-TV18‘s Gopika Gopakumar reports that PSU banks have begun to use publicity to recover dues from big borrowers.

Focus is on more reforms; will hit FY14 fisc target: FM

The Finance Minister P Chidambaram, who has been on a week-long tour of Canada and US, claimed that investors are convinced about the Indian government's intention and commitment towards reforms, reports CNBC TV18's Gopika Gopakumar.

FM meets bankers, India Inc; keen on removing roadblocks

Today, Finance Minister P Chidambaram met with bankers and industry leaders in Mumbai to take stock of the infrastructure projects which are being stalled.

No annual audit for branches with small loan biz

Technology has saved public sector banks hundreds of crore this year. However, it has also cost the jobs of many auditors.

Can micro finance institutions succeed in banking world?

Can RBI use the opportunity to issue new bank licences to make a big difference to the unbankable? None of the indian PSUs and private banks have cracked the bottom-up model.

Budget Analysis: Mixed sentiment for insurance companies

The insurance sector seems to have mixed feelings for Budget 2013. While the opening up of the bank insurance route has been hailed as a key reform. The lack of additional tax concessions has disappointed insurers.

State owned banks to see higher tax outflow post Budget

Some public sector banks are likely to see higher tax outflow. It was after the government clarified in the Budget that banks cannot claim double tax allowance on provisions made on rural loans and written off bad loans. CNBC-TV18‘s Gopika Gopakumar, reports

Budget 2013: MF houses war over RGESS commission

The government proposed Rajiv Gandhi Equity Savings Scheme (RGESS) is creating a rift amongst mutual fund houses.

Lenders okay Suzlon's Rs 9600cr restructuring pkg: Sources

The wind turbine maker Suzlon can now heave a sigh of relief. Lenders have approved the company's Rs 9600 crore worth corporate debt restructuring package.

RBI watchful of non-compliance by PSU banks

Tough times are not yet over for PSU banks. These banks are set to see higher provisioning before the end of the financial year.

Direct cash transfer: Challenges at grass root level

CNBC-TV18's look at the challenges these districts are facing in implementing the government's ambitious direct cash transfer. Gopika Gopakumar reports from Wardha, one of the districts selected for the pilot project.

New securitisation rules: HDFC, HDFC Bk sorting out issues

The new securitisation rules have made the sale of home loans from HDFC to HDFC Bank less lucrative for HDFC Bank.

Q1 GDP: Are we in for a shocker?

The all important GDP numbers for the first quarter or the April-June quarter will be announced tomorrow.