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NPA-wary credit card firms get tough

Weighed down by mounting outstandings and non-performing assets (NPAs), credit card companies are taking strong measures that include slashing new card issuances and credit limits for existing......

Tough times ahead for NB finance companies

A rise in interest rates has started pinching non-banking finance companies and housing finance companies, which say that the cost of funds is going up by 200-300 basis points.Though banks had......
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Indian banks cutting deposit rates on loan paralysis

Indian banks increased holdings of government bonds by Rs72,200 this quarter, suggesting they are using the excess cash to boost debt investments... ...

The capital intensive general insurance industry will require additional capital of around ₹8,000 crore in the next five years to fuel its... ...
Icra expects 35% of CDR cases to fail

Even though there has been a drop in referrals to the corporate debt restructuring (CDR) cell in the last couple of months, rating agency Icra on... ...
RBI allows banks to issue tier I retail bonds

The Reserve Bank of India (RBI) on Monday allowed banks to issue additional tier-1 capital instruments to retail investors, subject to the approval... ...
Life insurers see a rebound in growth

Overall improvement in the macro-economic scenario has led to a rebound in growth for life insurers this fiscal so far, showed data released by the... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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