Rose Valley is one of the biggest money businesses after Sahara.
The Kabuliwalas of Kolkata, traditional moneylenders, have seen their numbers shrink.
High-end brand experiments with EMIs via credit cards to push market share.
Race for Asia's No. 1 MFI spot: Bandhan now closes in on Grameen Bank
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Bata came up with new brands to beat industry competition.
Between April and September 2014, the central govt released Rs 13,618 cr to states, against Rs 24,676 cr in the same period last year.
Bandhan expects to commence banking operations in 2015, by opening nearly 600 branches targeting 10 million customers.
The new Companies Act that came in to force qualified the money mobilised by jewellery companies as deposits and as a result they had to discontinue such schemes.
Frequent bans on Indian food products by the EU have prompted the Indian government to invite the officials of the EU Food and Veterinary Office to let them assess the food safety standards followed by India.
In the 12-month cycle starting July 2013 and ending June 2014, World Bank had made financial commitments close to $5.2 billion in India.
New players show up after 3 years; northern states take lead in loan growth.
Open market price cools down as chief minister orders cold storages to empty stock by December 15.
Despite Sebi passing at least four orders against deposit-taking entities in the past year alone, the business seems unscathed
The new Bill is a replacement of the Financial Establishments Bill, 2009, with added provisions relating to search, seizure and attachment of properties of such companies.
Firms meet huge redemption pressure after deducting money from principal amount.
A day after about 1,200 media persons from Saradha Group media entities lost their jobs in West Bengal, the state government extended a helping hand. On Wednesday, government officials are set to meet these employees to try and find a resolution to the issue.
Given the hardships faced by the jute mill industry in West Bengal, one of the few surviving manufacturing sectors in the state, industry experts say a strike threat is looming large, which could lead to more lockouts.
Banks need to raise capital to comply with Basel III norms. This mode of raising money gives all shareholders equal investment opportunity.
India pays 55% of the value of oil its imports from Iran in euro payments through Turkey's Turkiye Halk Bankasi.
SBI too rules out cut in base rate in short term, to launch concessional schemes.
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