BS Reporter
BS Reporter
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Satyam's Rs 822-cr fixed deposit attached by ED
To contest move, Mahindra Satyam will have to approach the adjudicating authority under the Prevention of Money Laundering Act
Magma Fincorp Q2 net profit rises 33%
Higher loan disbursements and improved net interest margin aided the Kolkata-based firm's earnings during the quarter
Panel wants industry to set up self-regulatory privacy regime
The group was set up last year to recommend the framework for a Privacy Bill after concerns were raised on the possible invasion of citizen?s fundamental rights
One-time fee may cost old telcos up to Rs 40k-cr
Operators say no option but to challenge it in court, decision on refarming deferred
Bank credit, deposit growth picks up
Credit grew by 15.9% on a year-on-year basis, while deposits grew by 13.9%
Borrowings under daily LAF at three-and-a-half-month high
In the last month, daily average borrowing by banks under LAF window stood at Rs 52,910 cr
Magma Fincorp Q2 net profit rises 33%
Higher loan disbursements and improved net interest margin aided the Kolkata-based firm's earnings during the quarter
Banks' LAF borrowings at four-month high
Banks borrow Rs 1,01,635 crore through RBI?s daily liquidity adjustment facility
Tatas partner Italian fund to check into Orient-Express
Offer valued at $1.86 bn comes 5 years after Bermuda chain rebuffed Indian Hotels