Bank will charge floating rates of interest from January.
One effect of the globalisation of Indian business has been the rise in the grant by companies to staffers of employee stock options.
Communication has instilled a sense of trust and belief among the employees.
Most companies see the next few quarters as a period of uncertainty and are trying to shift costs from fixed to variable.
BPCL plans to save Rs 500-800 cr, while HPCL eyes 10% reduction in total costs.
Higher returns, more liquidity draw individual investors to savings accounts.
RIL, which had over 1,470 retail outlets, is said to be running only 350 of those at present.
CDR amount jumps six times in first half; bankers expect things to worsen.
It is in talks with a local player for a discovered asset so that it can have a ready cash flow in one or two years.
Prompted by the Reserve Bank of India's increase in the key rate, the repo, banks have raised interest rates by 325-350 basis points.
Third-party sales force in financial sector dying slow death.
Proposed format to have real-life scenarios that mirror the kind of thinking students need at graduate-level work.
Banks and housing finance companies (HFCs) are trying to figure out their exposure to real estate projects in Noida Extension, which have come under cloud after courts cancelled land acquisition in several villages by Greater Noida authorities.
Companies say the viability of 13,000 megawatts worth of projects, which have fixed power sale tariffs, hinge on the government decision.
According to recent finance ministry data that captures the performance of public sector banks, instances of home loan defaults contributing to gross non-performing assets was the highest in the category of loans up to Rs 200,000.
The company is in talks with BG India and Italian E&P major, ENI.
RBI slams public sector banks for the strange phenomenon of profits dipping when a new chairman takes over.
Insiders say some issues that demand immediate attention include improving asset quality and conservation of capital.
The move will require modifications in Companies Act.
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