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.
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.
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.
As of December 2010, the bank's total outlets, including branches, stood at 5,017. Its ATM network stood at 2,516 units.
The day's strike is a protest at the Union Budget proposal of a 10 per cent excise duty on branded garments. Garment makers had observed a day's strike on Friday, saying it cost them Rs 130 crore (Rs 1.3 billion).
You can't ask a current borrower to finance your growth, says RBI memeber Yezdi H Malegam.
As against the existing channels of delivery of banking and financial services in the rural under-banked areas, adoption of mobile financial services (MFS) may tend to be easier, says a study by the Indian Institute of Management, Ahmedabad (IIM-A).
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.
A monorail is a rail-based transportation system based on a single rail, which acts as its sole support and its guide way.
The official website of CAT was flooded with visits on Monday, ever since some members of education networking sites claimed to have seen their results.
Bank to argue with the Reserve Bank that new norms don't apply to floating rate schemes.
France wants Indian salt to help melt this season's mounting snowfall. A leading French chemical company involved in de-icing has approached Indian Salt Manufacturers' Association (Isma) for getting 250,000 tonnes.
CIIE Initiatives, a non-profit company set up by the Indian Institute of Management, Ahmedabad's incubator-cum-angel investor, the Centre for Innovation, Incubation and Entrepreneurship (CIIE), is in talks with the central government and private organisations for establishing a renewable energy (RE) fund.
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