'When I came here in 2002, I said you can grow at 8%.' 'And I was told that was crazy, and (now) here we are.'
An initial reading of the guidelines indicates two factors - potential rise in borrowing cost and lower returns on investment book - could hit the spread of NBFCs.
People are interested in the strength of India's economy, the country's stability, and the opportunities, says Stuart Tait, regional head of commercial banking, Asia-Pacific at HSBC.
The NDA govt launched the Mudra scheme to give unsecured loans of up to Rs 10 lakh to small enterprises with the objective to provide self-employment
'Jai Ho! Democracy is a hasty uptake of news channels and papers drawn into a skit that's too short on subtext to be a realised satire and too silly to be taken seriously', writes Sukanya Verma.
Zuckerberg says internet.org can co-exist with net neutrality
The planning commission has begun work on the approach paper for the eleventh Five-Year Plan (2007-12) and would soon set up steering committees and working groups for the purpose but is yet to fix the growth target for the next plan period.
'Where is the spirit of Team India?' asks Chandrababu Naidu.
Even seventeen years after the government adopted the new economic policy the ICAI is yet to come to terms with the changing times and changed circumstances
These stunning pieces of art are created by British artist Kelvin Okafor, who only uses a set of pencils, a piece of paper.
The governance reforms, as an official put it, would bring in measures to track the performance of the executive-rank employees of the banks, intensively.
'The majority of the spread is by people coughing, or sneezing or talking loudly, in a very short distance, two metres from one another, and a mask will prevent that sort of transmission.'
The benefits are common in many cases, but are also different in some other respects.
Some accounts can be revived by rescheduling loans, which the RBI envisages to do once the norms get finalised after the public discussion.
Applying for a home loan may seem scary if you go into the process unprepared, but if you have braced yourself well in advance and follow these steps you will find that getting your home loan application approved is a breeze.
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
Pack your bags. Umbrellas and raincoats optional.
The HSBC India Composite Output Index, which maps both services and manufacturing, increased from 48.9 in March to 49.5 in April, but remained below the crucial 50 mark which indicates contraction for the second successive month.
Public sector banks are increasingly looking at promoter funding as a business opportunity when others are shying away from it.
Ballot papers were posted out as voting opened on Monday to decide if veteran leftist Jeremy Corbyn will remain the head of UK's Opposition Labour party, amid deep divisions within the 116-year-old organisation over the leadership challenge triggered by the 'Brexit' vote in June.
The fall in international oil prices has resulted in handsome margins for state-owned firms on petrol and diesel sales, but not all of it would be reflected in the cut in the retail selling price, as Finance Ministry wants to take away some of the gain by raising excise duty.
They now believe their money will be repaid after completion of the tenure of the instruments they have invested in, says Anup Roy.
'The most important thing is that the psychological signal it is giving to the markets and international markets,' says former finance secretary Arvind Mayaram.
The best part is that an investor gets price appreciation and earns interest income as well, which is unique only to sovereign gold bond.
VoIP services include communications applications such as Skype, Line and Viber
Being more financially savvy helps women choose the right balance between consumption spending vs investing for future and can hold them in good stead as life hands out various twists and turns along the way, says Piyush Baranwal
Aditya Birla Money MD talks about liquidity concerns in the market.
Ponting shrugged off Australia's injury worries and the idea of there being risk in rushing Smith and Warner into the team.
What differentiates Kane Wiliamson from a lot of batsmen in this day and age is his sole focus is winning the game and he tailors his batting towards that, writes former New Zealand captain in his column.
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