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EC letter to RBI, TMC for drafts of Rs 1.33 cr

The Election Commission has asked the Reserve Bank of India to inquire into the conduct of Allahabad Bank and United Bank of India which made drafts of Rs 1.33 crore for Trinamool Congress in......

In Delhi, it's a battle of the poor versus the middle class

In Delhi, the poor are pitted against the middle class, with the former led by Arvind Kejriwal and the latter by Prime Minister Narendra Modi, says Sheela Bhatt/Rediff.com Image: AAP convener......

A man is known by the company he keeps. So is a country

'Modi and Obama both had agendas that went beyond the nuclear deal. The threat from the chilly Himalayas had to be tackled in the warm waters of the Indian Ocean,' says Ambassador T P Sreenivasan.......

Exclusive! Medha Patkar: Land acquisition ordinance will destroy poor

The new ordinance on land acquisition will allow land grabbers to deprive millions, destroy agriculture, horticulture, rivers, forests, tree cover and mangroves to extract minerals as well as......

Modi holds strategic talks with Nepal, gifts Bodhi sapling, helicopter

Prime Minister Narendra Modi on Tuesday held talks with his Nepalese counterpart Sushil Koirala on key strategic issues after which ten agreements, including a pact on $1 billion assistance to......

India Post may apply for payment bank licence

The department of posts (DoP) is actively considering whether to apply for a payment bank licence, following the draft norms issued by Reserve Bank of India (RBI) last month.   “We......

RBI issues draft charter of customer rights

The Reserve Bank of India (RBI) on Friday issued the draft of a charter comprising five basic customer rights. Feedback has been invited by September 22. These cover a right to fair treatment,......

RBI sets stiff terms for niche bank licences

The Reserve Bank of India (RBI) on Thursday paved the way for niche banking by issuing draft guidelines for setting up payment banks and small banks.  While payment banks will offer remittance......

Insurers not hopeful of banks entering broking business

The Reserve Bank of India has issued draft guidelines for banks to become insurance brokers, but insurers say there may not be too many takers because of the stringent capital requirements.......

6 key challenges for Raghuram Rajan

The immediate priority for the new governor will be to draft the mid-quarter review of Reserve Bank of India's monetary policy on September 18 - within a fortnight of taking charge. But the......

Rajkumar Hirani: I am really nervous with PK

Rajkumar Hirani, who rules critics’ hearts as much as he rules the box office, is back after five years. Sonil Dedhia listens in as the filmmaker talks about PK (without dropping the cloak......
  Web results for Bank Draft
Volatile markets end flat; Sensex gains 25% in FY15

The 30-share Sensex ended lower by 18.37 points at 27,957.49 and the 50-share Nifty slipped 1.30 points at 8,491. On the last day of the financial... ...

http://www.rediff.com/money/report/how-the-markets-fared-on-march-31/20150331.htm
RBI wants non-bank finance cos to seek prior nod before any takeover

MUMBAI (Reuters) - The Reserve Bank of India proposed in draft guidelines published on Monday that prior written permission be obtained from the... ...

http://www.business-standard.com/article/reuters/rbi-wants-non-bank-finance-cos-to-seek-prior-nod-before-any-takeover-115033000904_1.html
RBI tightens takeover rules for shadow banking

MUMBAI (Reuters) - The Reserve Bank of India plans tougher rules for takeovers involving non-banking financial companies (NBFCs), according to a... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/pAMbqp-6Z4w/story01.htm
GVK to file up to $250 million IPO for airport unit soon - sources

GVK Power & Infrastructure is likely to file a draft prospectus for an up to $250 million initial public offer (IPO) of its airport unit soon, four... ...

http://www.sify.com/finance/gvk-to-file-up-to-250-million-ipo-for-airport-unit-soon---sources-news-equity-pd4saSbbcbhie.html
20,000 Cr Mudra Bank To Come Up For Startups & SMEs. SC/ST To Get Priority

As part of the announcements made during Union Budget 2015-16 , Government of India under leadership of PM Narendra Modi will launch Micro Units... ...

http://feedproxy.google.com/~r/trakin/~3/1nfjkmIA8Xg/

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