Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements. Photograph:......
Crisis-hit Lakshmi Vilas Bank (LVB) will merge into the Indian arm of Singapore-based DBS Bank on Friday, leading to removal of all restrictions, including withdrawal cap of Rs 25,000, which the......
'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay. After the Reserve Bank of India rejected Indiabulls Housing Finance Ltd's plan......
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices Shares of......
For the wealthy, post-tax returns of debt funds would work out better Investors are lapping up non-convertible debentures (NCDs) as interest rates are expected to decline in the future. Within two......