His election comes despite the Supreme Court earlier barring him from carrying out duties as BCCI President
The Patiala House court has directed them to appear before it on Aug 7
This will give infrastructure firms more leeway on the financing front
ARCs have also raised their acquisition price to 60-plus per cent of book value, compared with 25 per cent historically
The central bank says such lending should be under a prudential framework, closely aligned with that for banks
The move is not very positive for the bond market as yields will rise due to banks selling illiquid securities
RBI says concerns remain over liquidity, profitability of banks
Sets up committee to study Mumbai port utilization plan
On containing inflation, PM Modi asks states to set up special courts for speedy trial of hoarders
Move comes within weeks of Century Textiles' announcement that it would make a preferential offer of shares to promoter companies of K M Birla
But says supply-side concerns need to be addressed; bank capital also a challenge
Jindal, Aditya Aluminium, Vedanta among firms benefiting from arbitrary use of emergency provisions, according to CAG report
Move comes nine days after the government imposed an MEP of $300 a tonne on onions
In India, shadow banking entities essentially refer to the large number of unregulated companies that act as financial intermediaries, providing credit and generating liquidity in the system
Sebi has been investigating charges of insider trading against RIL in a matter dating back to 2007
Deadline extension for divesting stake in MCX-SX and others to continue till final directions passed
Sinha says many fund houses not abiding by rules on minimum number of investors, awareness funds