The Reserve Bank on Friday set up a three-member committee under former Governor Bimal Jalan to scrutinise applications for new bank licences, which are expected to be awarded by January.
'In the end, investing is about people.' 'If you get the right people, they make things happen,' Mengistu Alemayehu tells Shyamal Majumdar.
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SBI will hold 30 per cent in RIL joint venture
Eleven persons, including 10 devotees, have died due to medical reasons during the ongoing pilgrimage to Amarnath cave shrine in south Kashmir Himalayas.
The clarification comes amid reports that sweet shops have discontinued chocolate barfis and chocolate sandesh.
The first batch of over 12,000 yatris (pilgrims) left for the cave shrine located at 14,500 feet above the sea level from the two base camps.
The 2017 movie release calendar is out, and filmmakers have picked the major festival/ holiday time to release their films.
http://www.rediff.com/news/interview/why-kashmiri-students-are-throwing-stones/20170505.htm
Here's a recap of the events from the past 24 hours.
'So far we were fighting human beings. Now a shaitan has entered a human body which is after us.'
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
What are Manveer Gurjar, Prince Narula, Urvashi Dholakia up to?
As freebies/gift vouchers attract GST, retailers are opting for straight discounts this festive season.
Banks should try its best to retain talent.
'Most importantly, marking a departure from the past, the RBI has made it clear that it is not overtly worried about the level of the local currency,' notes Tamal Bandyopadhyay.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Reserve Bank Governor Raghuram Rajan on Friday said banking sector will see major changes in the coming years.
Time opportune, with market buoyancy and entry of new entities
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
RBI had received 72 applications for small finance bank licences.
Your sibling will thank you for these, says Ashish Narsale.
The resignation is sure to create more political firestorms for the government as it comes on the eve of the winter session of Parliament where the Opposition has already made it clear to the treasury benches that infringing on the RBI autonomy would be a big talking point for them.
Here's imagining Craig's James Bond as a typical Bollywood hero.
Ayan Pramanik reports on former Infosys CFO V Balakrishnan's fintech firm, which aims to make borrowing easy for small firms and individuals.
'I am a Muslim and if my Hindu brothers were to march to my house and if that were to give birth to any controversy, then this government will use it to exploit another issue.' 'I don't want to give BJP leaders a chance to play their communal politics.'
The twins are grief-stricken and are praying for his well-being.
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
'India is the largest stomping ground in the world for impact investing as we have an extraordinary combination of entrepreneurial drive with huge, absolute demand for all kinds of social services,' IDFC First Bank's chief Rajiv Lall tells Anjuli Bhargava.
With the advent of new banks, IT firms will get boostto their businesses.
This Raksha Bandhan, we decided to look at some adorable bhai-behen pictures of our film industry from their social media sites.
Sakshi thanked Olympic medalists Sushil Kumar and Yogeshwar Dutt for showing wrestling the way.
Most of the NBFCs do not take public deposits but that does not mean they cannot create systemic risks. The banking system has at least Rs 57,000 crore exposure to IL&FS. Haven't the banks invested public money in IL&FS papers, asks Tamal Bandyopadhyay.
With enough liquidity in the system, lending and deposit rates are likely to fall further
Favourite movie homes, comparing Amitabh-Shashi's beds in Kabhi Kabhie and discovering the truth about Salman Khan's 1990s chartbuster... All in Sukanya Verma's Super Filmi Week.
Commercial banks have not yet reduced their lending rates.
For longer tenure products, they offer higher returns compared to other instruments. But for shorter tenures, things are getting tighter for investors.
The current session of Parliament may be extended to enable the passage of bills, Parliamentary Affairs Minister Venkaiah Naidu told Bharatiya Janata Party MPs in New Delhi on Tuesday.
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2014 made a lot of promises; can the new year deliver?
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
We'd certainly love to see more of them!
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