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Credit growth likely to be 14-15% in FY15: SBI MD

Says green shoots now visible in the economy are likely to keep the need for fresh corporate debt restructuring at moderate levels in the ...

REC to provide Rs 20,000 cr for Telangana power projects

02 Sep 2014

REC chairman and managing director, Rajeev Sharma, gave this assurance when he called on Telangana chief minister, K Chandrasekhara Rao, on ...

Reliance Capital's banking plan gets a Japanese touch

02 Sep 2014

Reliance Capital - the NBFC arm of the Anil Ambani group - will once again try its luck for a bank licence

SBI signs $152-mn export pact with Japanese bank

02 Sep 2014

Agreement was signed by SBI Chairperson Arundhati Bhattacharya and JBIC Governor Hiroshi Watanabe in Tokyo

Debt private placements down 55% in June quarter

01 Sep 2014

Lower fund raising by banks and financial institutions contributed to the decline, according to first quarter statistics from PRIME Database

Analysts lifts growth target; SBI sees GDP clipping at 5.8%

01 Sep 2014

After the release of official data pointing to a surge in growth during the first quarter, analysts, led by the chief economic advisor at the ...

India can get billions of dollars in FDI from Japan: Kochhar

01 Sep 2014

As Prime Minister Narendra Modi promised speedy clearances for Japanese investments, ICICI Bank chief Chanda Kochhar today said India can get ...

HDFC Life launches modified Health Assure Plan

01 Sep 2014

Private life insurer HDFC Life announced the launch of its new health insurance product Health Assure Plan, aimed at providing a comprehensive ...

Nippon, Reliance Group launch India funds for Japan investors

01 Sep 2014

With Prime Minister Narendra Modi seeking greater investment flow from Japan into India, financial services giant Nippon Life today announced ...

'Allahabad Bank should opt for long-term infra bonds'

01 Sep 2014

Allahabad Bank might need to rely on volatile high-cost bulk deposits and certificates of deposit for refinancing

Online pharmacy Medybiz to tie up with insurance cos to boost growth

31 Aug 2014

Sees huge potential in day-care market, seeks tie up with those firms that also cover such expenses

Govt to hike IFCI stake to 51%, infuse Rs 60 crore

31 Aug 2014

Government plans to hike its stake in IFCI Ltd to 51% by infusing Rs 60 crore in the country's oldest financial institution.

Bank of Maharashtra plans to raise Rs 1,000 cr via long-term infra bonds

29 Aug 2014

Public sector lender Bank of Maharashtra plans to raise up to Rs 1,000 crore through long-term infrastructure bonds to manage asset liability ...

Indian cos garner Rs 4,000 cr via NCDs in current fiscal

29 Aug 2014

Indian companies mopped up close to Rs 4,000 crore via retail issuance of non-convertible debentures in the ongoing fiscal, primarily to meet ...

Impediments in India, Myanmar banking ties

29 Aug 2014

However, in the absence of proper banking and financial services, bilateral trade and investments have taken a hit

HC dismisses Kingfisher Airlines appeal

29 Aug 2014

The company got a showcause notice from United Bank of India for alleged wilful default on payment of dues to the tune of Rs 400 crore

Axis Bank, Maruti Suzuki, L&T scrips more than double in a year

28 Aug 2014

While the benchmark index has moved up 48% between 29 August 2013 till date; Axis Bank, Maruti Suzuki and Larsen and Toubro (L&T) have ...

Street cautiously optimistic on PFC and REC

28 Aug 2014

But companies will be hit if regulators act tough on coal block allocations termed illegal by SC

IDBI Bank puts focus on retail loans

27 Aug 2014

It is currently rebalancing its portfolio to de-risk its business and also comply with regulatory norms for the priority sector lending

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