Tulip Telecom is in for some relief with bankers likely to approve a R1,800-crore loan restructuring package for the debt-laden…
While banking licence applicants are enthusiastic about the RBI?s new guidelines, the regulator?s financial inclusion agenda is likely to play…
Reserve Bank of India?s directives to reduce promoter shareholding in new private sector banks to 15% within 12 years of…
With the Reserve Bank of India having opened up the field for banking licences, large business conglomerates and non-banking finance…
While regulatory guidelines are made with good intent, they need to consider the impact on the industry, says AS Narayanan,…
The insurance regulator is clear that the state-owned Life Insurance Corporation of India will be governed at par with any…
Loss of yield on funds, exchange rate volatility & excess liquidity to blame.
Interest rates on fixed deposits are not likely to come down immediately despite monetary easing by the RBI as banks…
Despite a contraction in net interest margin, Shriram Transport Finance Corporation has posted a 14.3% year-on-year rise in net profit…
Housing Development Finance Corporation expects to review its provisioning policies after the fourth quarter, says Keki Mistry, vice-chairman and chief…
Lenders are looking at selling around Rs 4,500 crore worth of bad assets to asset reconstruction companies before March 31,…
Lower interest rates, better schemes and a general festive demand has helped State Bank of India increase its home loan…
Public sector banks which hoped to tap the debt market for Tier I capital before Basel III kicked in seem…
The Shriram Group, among the frontrunners for a banking licence, does not wish to merge two of its businesses ?…
A host of well diversified non-banking financial companies are keen to become banks and will throw their hats in the…
Despite clear signs of slowdown in the Indian economy, the rural market is still booming, believes Ramesh Iyer, managing director,…
Banks and housing finance companies can’t seem to let go of their fixed-cum-floating home loan products, despite waning customer interest.
Despite the fact that the Sensex has rallied to levels of 19,300 points, Life Insurance Corporation is out of the…
