Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure of its anchor book allocation, raising about Rs 5,400 crore from marquee global as well as domestic......

Important information for Paytm app users

Paytm app users will continue to use all services like mobile and DTH recharges except for Paytm Payments Bank's offerings including wallet funds, Fastag and bank accounts, according to the company......

Why RBI Was Worried About Consumer Credit Growth

The banking regulator was uncomfortable with the runaway pace at which consumer credit was growing. Illustration: Dominic Xavier/Rediff.com Tucked away in the 'Report on Trend and Progress of......

Will Bull Run In PSU Banks Continue?

It's not easy to predict the market. But there are at least two positive factors to back the PSU banks, explains Tamal Bandyopadhyay. Photograph: Rupak De Chowdhuri/Reuters   These days,......