Search Results for: Corporate Banking

Does Sitharaman's 'surgical strike' show PM Modi's displeasure over Jaitley's term?

Poll-bound PM Modi's worst headaches were the departments under the finance ministry that churned out contradictory data on the state of the economy exposing the government to relentless opposition fire.

Jun 11, 2019

Who is Mohammed Mansoor Khan? The fraud behind Bengaluru's infamous IMA Ponzi scam

IMA was established in 2006 after Mohammed Mansoor Khan left his life in the Middle East to find his haven in the Silicon Valley of India.

Jun 11, 2019

Yes Bank gets another blow; former MD and CEO Ajai Kumar quits board

The shares of YES Bank closed 2.89 per cent down at Rs 135.90.

Jun 10, 2019

Risk aversion of mutual funds key reason for NBFC liquidity crunch, defaults

Ballooning IL&FS and DHFL crises drove mutual funds to reduce exposure to NBFCs in a big way since September sapping liquidity from shadow banks.

Jun 10, 2019

A week for stock specific action while market searches for new direction

Indices are back on even keel after exit poll results triggered a choppy ride to hit record highs twice; market may remain rangebound as no new data expected.

Jun 9, 2019

India has 597 ATMs less in 2019 than 2017: RBI report

India also has one of the lowest ratios of ATM cash withdrawal relative to cash in circulation, revealed the report titled "Benchmarking India's Payment Systems".

Jun 8, 2019

Relief for lenders as RBI relaxes stressed asset guidelines

A circular issued in February last year required banks to initiate a resolution process as soon as a default took place.

Jun 8, 2019

Auditor emails reveal Deloitte knew of loan evergreening in ILFS

The investigation team found a document in the email server of IL&FS prepared by the DHS Engagement team identifying the funding of borrowers for paying principal and interest.

Jun 8, 2019

DHFL default is threatening to draw in mutual fund industry as 160 MFs have exposure to DHFL papers

DHFL default threatens to snowball into big crisis engulfing NBFCs, mutual funds

Public confidence in mutual funds take a beating and inflows taper with imminent payouts facing uncertainty; NBFCs face soaring finance costs triggering liquidity crunch.

Jun 7, 2019

Miffed Rajnath Singh added to 6 more cabinet committees after initial exclusion

The move came amid speculation that Rajnath Singh was unhappy over not being given his due in the formation of the panels.

Jun 7, 2019

Reactions | Here's what economists take from RBI's monetary policy statement

There were varying pre-estimations by economists, bankers, corporate owners and traders on their expectations from the monetary policy committee.

Jun 6, 2019

A road sign is seen next to Bombay Stock Exchange (BSE) building in Mumbai

Market cracks as RBI fails to go beyond the expected 25 bps repo rate cut

Third successive rate reduction takes repo rate to lowest in nine years at 5.75%; change in monetary policy stance to 'accommodative' removes imminent rate rise fears but the street wants more.

Jun 6, 2019

Another wave of NBFC meltdown worries grips markets after DHFL rating downgrade

NAVs plummet up to 57% for mutual funds with substantial exposure to DHFL paper that rating agencies downgraded to 'default'; exposure of some funds may have exceeded the Sebi-mandated 10%.

Jun 6, 2019

Actor Nikhil Wairagar turns director for his upcoming movie Hero

Nikhil Wairagar, who started his carrier as a cricketer, followed by becoming an actor, now is set with his directorial debut.

Jun 4, 2019

Indian industry seek corporate tax rate cut to 20% in upcoming budget

The Confederation of Indian Industry (CIII) called on Modi to push reforms in the budget so as to boost private investment and domestic consumer demand and achieve 8-10 percent economic growth rates over the next few years.

Jun 4, 2019

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Search Results for: Corporate Banking

Does Sitharaman's 'surgical strike' show PM Modi's displeasure over Jaitley's term?

Who is Mohammed Mansoor Khan? The fraud behind Bengaluru's infamous IMA Ponzi scam

Yes Bank gets another blow; former MD and CEO Ajai Kumar quits board

Risk aversion of mutual funds key reason for NBFC liquidity crunch, defaults

A week for stock specific action while market searches for new direction

India has 597 ATMs less in 2019 than 2017: RBI report

Relief for lenders as RBI relaxes stressed asset guidelines

Auditor emails reveal Deloitte knew of loan evergreening in ILFS

DHFL default threatens to snowball into big crisis engulfing NBFCs, mutual funds

Miffed Rajnath Singh added to 6 more cabinet committees after initial exclusion

Reactions | Here's what economists take from RBI's monetary policy statement

Market cracks as RBI fails to go beyond the expected 25 bps repo rate cut

Another wave of NBFC meltdown worries grips markets after DHFL rating downgrade

Actor Nikhil Wairagar turns director for his upcoming movie Hero

Indian industry seek corporate tax rate cut to 20% in upcoming budget

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]