The company needs Rs 2,000 crore more in 2 years to repay debt.
ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.
IBA has commissioned a study to evaluate the pros and cons of keeping banks shut on Saturdays.
Looking to put money in aviation, infrastructure and also to reduce debt of group companies.
Adani Enterprises plans to invest a total of $25 billion in the next five years.
With the advent of new banks, IT firms will get boostto their businesses.
Most players will need to burn the midnight oil to meet the deadline for creating a bank as well as specific norms set by RBI.
US-based Apollo Global has picked up stake in Indian firms which are not doing that well financially.
Financial advisors say, not to get carried away by stocks that promise high returns in short time.
Going forward, Vinita Bali, outgoing MD, Britannia wants to do other things in life which she was unable to pursue.
The Aditya Birla group has slammed rating firm Moody's for placing Novelis, the group's aluminium products subsidiary, in line for a possible downgrade to default.
It is also learnt that Deutche bank has initiated a search for a new head of its private wealth management business in India
According to sources, a few hundred have been issued to Indian businessmen, celebrities and brand experts.
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Gold companies have started reducing production. This implies that gold prices will not go on a free fall anytime soon
Ironically, bad loans and non-performing assets are on the rise in public sector banks in India, say sector watchers.
The Central Vigilance Committee has sought loan data from United Bank
The Reserve Bank of india is likely to tell state-run United Bank of India (UBI), which has seen erosion of capital due to bad loans and higher provisioning to implement prompt corrective action.
Some lenders in talks with LIC for pvt placement
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
Lender had 5.12 mn cards - almost a third of the total number of credit cards in the industry - at the end of November, 2013.
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