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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
Raghuram Rajan's 'surgery' uncovers more bad loans
Rising bad loans continued to haunt public sector banks (PSBs) in the March 2016 quarter.
Baba businesses are sprucing up their act as they expand product portfolios and enhance brand image
Raamdeo Agrawal, joint managing director at Motilal Oswal Financial Services, tells Sheetal Agarwal key trends in this earnings season and investment themes in Indian markets.
Premium valuations and lack of big triggers will weigh on Indian equity markets in the near term, believes Mahesh Nandurkar, India Strategist, CLSA.
'We are at a time and position that we do not need higher number of visas.'
Banking and telecom will see the highest impact of this transition.
Most positives seem to be factored into current valuations.
Most sought-after market of the past few years doesn't feature among top bets in Asia, emerging markets
Currently, 40 per cent of the front and back panel of cigarette packs is covered with warnings.
The gains will be gradual as the measure will be executed over 12 months or so.
The long-term sustainability of the ongoing market rally is difficult as earnings growth remains a challenge, says Herald Van Der Linde, head of equity strategy, Asia-Pacific, at HSBC.
Existing bank deposits will continue with past rates until renewed on maturity.
CBDT to reopen cases, conduct detailed inquiry of taxpayers who invested in such shares
'Markets should be driven more or less by earnings growth.'
FIIs pump in $1.4 billion in March, after pulling out $2.9 billion in Jan-Feb.
Market players say the government is likely to attempt, at least, one big-ticket sale this month.
There will be a review of employee compensation arrangement in the light of the new rules.
A record date is the cut-off date on which an investor has to own shares to become eligible for receiving dividends.
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