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  • PSL Moved to UAE Amid Escalating India-Pakistan Tensions

    PSL Moved to UAE Amid Escalating India-Pakistan Tensions

    The PCB has shifted the remaining PSL 2025 matches to the UAE due to escalating India-Pakistan tensions and security concerns following alleged drone strikes near Rawalpindi Stadium. Dates and venues for the last eight games will be announced soon.

  • Huge blow to PCB as England ban players from playing in Pakistan Super League amid Champions Trophy row

    Huge blow to PCB as England ban players from playing in Pakistan Super League amid Champions Trophy row

    Reports indicate that 74 England-qualified players participated in franchise tournaments worldwide last year.

  • MC Explains: What are RBI norms for priority sector lending for banks?

    MC Explains: What are RBI norms for priority sector lending for banks?

    These prescribe the proportion of loans that should be made to economically disadvantaged sections. Meeting these targets are considered while granting regulatory clearances and approvals for various purposes.

  • RBI allows banks to lend to NBFCs for priority sector loans on an on-going basis

    RBI allows banks to lend to NBFCs for priority sector loans on an on-going basis

    The central bank has allowed small finance banks (SFB) to tag loans to microfinance institutions (MFIs) as PSL loans as well.

  • Government includes retail and wholesale trades as MSMEs

    Government includes retail and wholesale trades as MSMEs

    The government in June 2017 removed retail and wholesale traders from the MSME category

  • PSL Standalone March 2019 Net Sales at Rs 16.06 crore, down 16.92% Y-o-Y

    PSL Standalone March 2019 Net Sales at Rs 16.06 crore, down 16.92% Y-o-Y

  • PSL Standalone December 2018 Net Sales at Rs 28.60 crore, up 101.55% Y-o-Y

    PSL Standalone December 2018 Net Sales at Rs 28.60 crore, up 101.55% Y-o-Y

  • Equitas bets on better margins on cheaper cost of borrowing

    Equitas bets on better margins on cheaper cost of borrowing

    RBI‘s guidelines on small finance and payments banks announced Thursday are in line with draft norms issued a few months back, says HKN Raghavan, Head - Consumer Banking at Equitas in an interview to CNBC-TV18.

  • RBI issues draft guidelines on small finance banks

    RBI issues draft guidelines on small finance banks

    These small financial banks (SFBs) are likely to submit their comments on draft norms by Tuesday and final guidelines on the same are expected soon.

  • Indian asset backed securities stabilised in 2015: Fitch

    Indian asset backed securities stabilised in 2015: Fitch

    "The build-up in delinquencies for Indian ABS transactions that closed in 2015 was slower than that in 2014, a sign that overall delinquencies have stabilised," Fitch said in a note.

  • Pincon gets nod to invest Rs 400 crore in next 2 years

    Pincon gets nod to invest Rs 400 crore in next 2 years

    Kolkata-based Pincon Spirit Limited (PSL) has received shareholders' nod to invest Rs 400 crore in next two years for expansion of its liquor and FMCG businesses.

  • Sebi to introduce new securitisation platform: Gandhi

    Sebi to introduce new securitisation platform: Gandhi

    Expressing confidence that India's securitisation market is revving up for a "take-off", RBI's Deputy Governor R Gandhi on Tuesday said capital markets regulator Sebi is working on a new platform for such transactions.

  • RBI has allocated Rs 10K cr to SIDBI for VC fund: Govt

    RBI has allocated Rs 10K cr to SIDBI for VC fund: Govt

    The capital will be invested in start-ups by way of providing equity, quasi equity, soft loans and other risk capital.

  • New priority sector lending norms to help meet targets: SBI

    New priority sector lending norms to help meet targets: SBI

    SBI chairman Arundhati Bhattacharya says increasing the amount of home loans for PSL is a positive step. According to her, overall asset quality pressure may ease in near-term.

  • RBI releases revised PSL norms for banks

    RBI releases revised PSL norms for banks

    The Reserve Bank of India (RBI) today revised priority sector lending (PSL) norms, adding new segments such as micro, small and medium enterprise (MSME), social infrastructure and renewable energy under the ambit of priority sectors.

  • New PSL guidelines to be out by April-end: Rajan

    New PSL guidelines to be out by April-end: Rajan

    The new PSL guidelines will aim at achieving parity among all lenders.

  • Stocks in news: Suzlon, DLF, JSPL, Hindalco, Jayaswal Neco

    Stocks in news: Suzlon, DLF, JSPL, Hindalco, Jayaswal Neco

    TCS | Power Grid | Axis Bank | GAIL | Container Corporation | Suzlon Energy | DLF | Larsen & Toubro | Pipavav Defence | IOC | ONGC | Oil India | 3i Infotech | Sintex | Bosch | Aurobindo Pharma | YES Bank | Eicher Motors | JSPL | Hindalco | Jayaswal Neco | PSL | National Fertiliser and United Spirits are stocks, which are in the news today.

  • Hold Persistent Systems; target of Rs 1400: Sharekhan

    Hold Persistent Systems; target of Rs 1400: Sharekhan

    Sharekhan has recommended a hold rating on Persistent Systems (PSL) with a target price of Rs 1400 per share in its October 20, 2014 research report.

  • PSL surges 10%, sells arms in US via bankruptcy proceedings

    PSL surges 10%, sells arms in US via bankruptcy proceedings

    Its two subsidiaries PSL USA Inc and PSL North America LLC, on June 30 (2014), had filed Chapter 11 proceeding before the bankruptcy Court of district of Delaware USA after reporting continuous losses.

  • RBI`s annual report 2013-14: CARE Ratings

    RBI`s annual report 2013-14: CARE Ratings

    CARE Ratings has come out with its report on RBI's annual report 2013-14. According to the rating agency there are signs of a pick-up in the economy. "GDP growth will range between 5.2-5.5% and a clear view will emerge when the impact of monsoon on kharif crop is obtained", says the report.

  • PSL standalone Dec '13 sales at Rs 77.74 crore

    PSL standalone Dec '13 sales at Rs 77.74 crore

    PSL has reported a standalone sales turnover of Rs 77.74 crore and a net loss of Rs 93.23 crore for the quarter ended Dec '13

  • RBI's foreign bank rules sets stage for more reforms: Fitch

    RBI's foreign bank rules sets stage for more reforms: Fitch

    The Reserve Bank of India's (RBI) recent steps aimed at subsidiarisation of domestic foreign banks recognises the need for greater foreign participation in a growing Indian economy, says Fitch Ratings.

  • Buy Persistent Systems; target Rs 639: FinQuest Securities

    Buy Persistent Systems; target Rs 639: FinQuest Securities

    FinQuest Securities is bullish on Persistent Systems (PSL) and has recommended buy rating on the stock with a target price of Rs 639 in its September 23, 2013 research report.

  • PSL standalone Jun '13 sales at Rs 203.20 crore

    PSL standalone Jun '13 sales at Rs 203.20 crore

    PSL Limited has reported a standalone sales turnover of Rs 203.20 crore and a net loss of Rs 128.90 crore for the quarter ended Jun '13

  • Stocks in news: Coal India, BHEL, Punj Lloyd, Suzlon, OBC

    Stocks in news: Coal India, BHEL, Punj Lloyd, Suzlon, OBC

    Coal India | BHEL | KEC International | Uttam Galva | GSFC | GTL | Lovable Lingerie | Redington India | PFC | Punj Lloyd | Suzlon Energy | Canara Bank | Oriental Bank of Commerce | Tata Motors | Karur Vysya Bank | Jayant Agro and SpiceJet are stocks, which are in the news today.

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