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.
RBI slams public sector banks for the strange phenomenon of profits dipping when a new chairman takes over.
The channel is an equal joint venture between NDTV and Chennai-headquartered newspaper group The Hindu.
Insiders say some issues that demand immediate attention include improving asset quality and conservation of capital.
Bankers' committee suggests banks lend to meritorious students without collateral.
Sharp increase is a major departure from those during former chairman O P Bhatt's regime.
The company says it is gaining fast because of its strategy extending brand CSK into the market by being associated with cricket's most valuable property, the Indian Premier League that consists of 10 teams.
Microfinance companies have been facing a crisis after a crackdown by the Andhra Pradesh government last year in response to allegations they were charging high rates and using coercive recovery practices.
Bahrain has of late emerged as a regional hub for banking because of low tax rates and easy regulations. At present, 409 banks and financial institutions have operations there.
Mahindra & Mahindra has decided to dismandle its recently acquired Boeing plant in Melbourne, Australia, which makes machinery for aircraft, and shift it to Bangalore.
The two partners have said they'd produce 150,000 vehicles as part of the phase-I plan from their existing facilities in the state, till the new factory goes on stream.
As of December 2010, the bank's total outlets, including branches, stood at 5,017. Its ATM network stood at 2,516 units.
French car major Renault is set to launch five new cars in India before 2012.
You can't ask a current borrower to finance your growth, says RBI memeber Yezdi H Malegam.
The Renault Nissan Alliance has said that its Oragadam greenfield facility near Chennai - its first in the world - will be a template for its upcoming Morocco facility, with a few changes only in the back-end engineering. The company is training 30 senior employees drawn from various verticals at its Oragadam plant.
With mounting pressure to set aside substantial amounts each quarter to improve provision cover for bad loans, State Bank of India is using every possible way to step up recoveries from non-performing assets.
Commercial banks now prefer one-year certificate of deposit (CDs) to short-term paper (of three- to six-month duration) to raise money, as volatility in the money market in the three months through December has made them focus on stability and improving their balance sheet.
Those with plans to enter the wealth management business want to first put in place robust processes.
Bank to argue with the Reserve Bank that new norms don't apply to floating rate schemes.
