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Sebi unearths another scam in IDFC IPO

The Securities and Exchange Board of India on Thursday said it has unearthed yet another IPO scam in the public issue of shares of Infrastructure Development Finance Company Ltd.The market......

Govt eases norms for foreign firms to set up branch offices in India

  The government on Tuesday relaxed the approval process for foreign firms to set up their branch, liaison and project offices in the country. Except for defence, telecom, private security,......

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

India’s five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza......

Banks will have to lower lending rates in April

  Irrespective of the RBI action , lenders need to catch up with transmission lag Irrespective of whether the Reserve Bank of India cuts its policy rate on or before the April 5 policy......

Bank NPAs are just the tip of the iceberg

With losses being reported in the current quarter and the next, the rating of many PSU banks will go below the radar and if a downgrade happens, they will find it difficult to raise resources plus......
  Web results for Idfc Securities
Tech Mahindra drops plan to launch payments bank

Tech Mahindra is the third entity to drop plans for a payments bank after Cholamandalam Investment and the trio of Dilip Shanghvi, IDFC Bank and... ...

http://www.livemint.com/Companies/JQO9xhKcVemcKDUU6MET3I/Tech-Mahindra-drops-plan-to-launch-payments-banks.html
Telenor, IDFC Bank and Sun Pharma promoter consortium quits

Sun Pharma promoter Dilip Shangvi whohad partnered with IDFC Bank and telecom operator Telenor to start a Payments Bank, has surrendered his... ...

http://www.medianama.com/2016/05/223-dilip-shangvi-payments-bank-licence/
RBI deputy governor unhappy about Telenor, others dropping out from payments bank

MUMBAI: RBI deputy governor SS Mundra today expressed displeasure over two in-principle licensees cancelling their plan to set up payments bank .... ...

http://economictimes.indiatimes.com/industry/telecom/rbi-deputy-governor-unhappy-about-telenor-others-dropping-out-from-payments-bank/articleshow/52410782.cms
RBI unhappy over Payments Banks Licence submission

The Reserve Bank of India (RBI) deputy governor SS Mundra on Monday expressed his displeasure at applicants submitting their payments bank licences... ...

http://smartinvestor.business-standard.com/market/Marketnews-385613-Marketnewsdet-RBI_unhappy_over_Payments_Banks_Licence_submission.htm
ITC shares surge on robust Q4 results; market cap increases by Rs14,042 crore

Shares of ITC hit a seven-month high, before closing 5.29% up at Rs347.40 on BSE, a level last seen on 2 December 2015, as brokerage firms upgrade... ...

http://www.livemint.com/Money/9u0nZ1B3oq0C4QbmsFYKqK/ITC-surges-over-7-on-robust-Q4-results-hits-sevenmonth-hi.html

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