Page 1579 - Finance News

Finance ministry swings into action on money laundering issue

Laundering charges a serious matter, says Banking secretary

Spice Global plans to apply for banking licence

Company has strong domain expertise in m-banking, digital banking through group companies

Inflation picks up in Feb but RBI seen cutting rates

Other measures of price pressure cooled, reinforcing expectations that the RBI will deliver a rate cut next week

Inflation must fall to 4-6%, Budget 2013 may help: RBI

RBI to hold policy meeting next week where it is expected by analysts to cut interest rates by 25 basis points to 7.5%

Dimon's extra $1.4-mn payout hangs on Fed decision

WBIDFC claims Rs 120 cr missing from UCO Bank a/c

WB's infrastructure financing arm had parked the money with Kolkata-based bank in two separate transactions

Budget firmly embraced fiscal responsibility: Subbarao

Economic growth has slowed and the pace of price increases is "still high and stubborn"

Gammon India to start talks for debt recast

The company's stock closed 2.5% lower at Rs 26.5 per share on the BSE on Wednesday

GIC downplays deal scrutiny

Calls it a 'procedure', says there was no loss through the cancellation of deal

CARE says ratings business slowing, to diversify into financial consultation

CARE Kalypto, a subsidiary of CARE Ratings, will undertake the business from the next fiscal

Rabi crops, priority sector norms boost farm loans

Credit to agriculture rose 19.8% in January, against 6.3% a year ago

Angel investing done differently

Blume Ventures sets a breakneck speed in two years of existence; time will tell if the strategy works

Repco Home Finance to look at low-cost funding

Allahabad Bank cuts home loan rates

Rate cut in addition to concessions in interest rates, processing fees under festival offer

Selling by bank aspirants gives midcaps shivers

Top NBFCs in margin funding space prune market exposure to comply with bank licence norms

7 new firms get access to EPFO money

The organisation can invest in bonds of private companies with dual 'AAA' rating, say new norms

Demand for agricultural credit remains high: RBI

Ahead of policy review, RBI gets conflicting signals

Nabard bets on mechanisation for farm credit growth

India is new focus for Societe Generale

French bank opens branch in Sanand; plans 4 more in the country