Search Results for: debts

SBI-led Consortium Initiates Kingfisher House Possession

A State Bank of India-led consortium of 17 banks has initiated the process of taking over physical possession of the famed Kingfisher House, valued at ₹100 crore.

Feb 25, 2015

Budget 2015: RBI Governor Rajan Supports Strong Action Against Black Money Holders, Tax Evaders

The RBI Governor indicated his preference to go after black money holders and hold them to account

Feb 21, 2015

State Bank of India (SBI) chairwoman Arundhati Bhattacharya

Budget 2015: Mega Projects Will Help Boost Credit Offtake, Says SBI Chairperson

SBI's Bhattacharya said she expects the government spending on major projects to help improve credit growth.

Feb 17, 2015

Budget 2015: CII Wants Govt to Reform Tax Rules For Investment Trusts

The industry body wants a 'conducive' tax regime to spur growth of such trusts

Feb 16, 2015

Sun Pharma's Dilip Sanghvi to Invest $290 Mn in Tulsi Tanti's Suzlon

The wind turbine maker would see funds infusion to the tune of 1,800 crore by Dilip Sanghvi through his personal investment firm.

Feb 14, 2015

No way forward yet for Greece

Seven hours of talks in Brussels on the future of Greece's debts, and the only outcome - a statement about not being able to reach a statement. (SOUNDBITE) (English) EUROGROUP CHAIRMAN, JEROEN

Feb 12, 2015

RBI Deputy Governor Directs Lenders to Improve Asset Quality

Reserve Bank of India's Deputy Governor R Gandhi reiterated the central bank's stand on the need for lenders to improve asset quality.

Feb 9, 2015

Rate Cut Effect: Govt Banks to Post Higher Treasury Gains, Use it to Offset Higher Provisioning

With 28% of deposits tied to government bonds, the state-run banks can now use the treasury gains made from the RBI rate cut to offset their bad loans and shore up capital

Jan 16, 2015

'The Bachelor' 2015: Top 4 Contestants of Season 19

Four contestants who managed to attract Chris Soules' attention are Whitney Bischoff, Becca Tilley, Jade Roper and Kaitlyn Bristowe.

Jan 6, 2015

finance-minister-jaitley-rejects-raghuram-rajans-criticism-of-make-in-india

Banking Sector Needs Reforms, Says Jaitley

He called for 'conceiving' several reforms to the banking sector and 'the need for greater autonomy' being granted to banks.

Jan 3, 2015

Vijay Mallya's Kingfisher Airlines Set to Lose Flying Licence on 31 December

Mallya is all set to be slapped with a wilful defaulter tag by UBI, after the Calcutta High Court rejected the bank's action on technical grounds; also Kingfisher Airlines would see its Air Operator Permit expiring on 31 December. ₹

Dec 29, 2014

India Inc Raises Record $19bn in 2014; India's External Debt Crosses $500bn

India Inc forex debt issuance finds acceptance in investor community, a record $19bn raised in 2014.

Dec 22, 2014

Staples Data Breach Impacts 115 Stores and 1.16 Million Customers

Staples Inc announced that more than 1.16 million customers could be affected in the massive data breach that exposed credit and debit card data of shoppers who used their cards in 115 stores around America from August 10 to September 16 2014.

Dec 20, 2014

Standard Chartered Sheds Consumer Business Units in Hong Kong and Shenzhen

Standard Chartered, the British multinational banking giant, sold its consumer finance units in Hong Kong and Shenzhen to a consortium of investors for a deal worth $600 to $700 million as a part of their new restructuring deal.

Dec 16, 2014

India to Cut Stake in State-run Banks, Raise $26 bn

State-run banks would see government stake coming down to 52%; banks to use funds for capital infusion to meet newer international banking regulations ₹

Dec 11, 2014

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