Bankers have been criticised for not passing the benefits of rate cuts
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Last month, the bank was placed under Prompt Corrective Action due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years.
Share prices of Dewan Housing, Indiabulls Housing, and PNB Housing have declined 30-80% in the past one year
An NBFC must actively manage its collateral positions, differentiating between encumbered and unencumbered assets, and monitor such assets so that they can be mobilised in a timely manner, central bank says in circular.
With a loan book of $268 billion, India's retail banking is now ahead of Russia, Malaysia and Mexico but behind China, Brazil and Thailand
Financial shares were among the top gainers with HDFC leading the gains.
'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.
The RBI has agreed to consider the application of India Post in consultation with the government.
The 30-share Sensex provisionally ended up 46 points to end at 28,122 and the 50-share Nifty gained 20 points to close at 8,514.
For those who find the online facility difficult, there is an electronic tutorial, and staff to assist you.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
For the wealthy, post-tax returns of debt funds would work out better
The RBI has accepted the application withdrawal request, according to the statement.
PMAY-Gramin, which was launched in November 2016, aims to construct 10 million homes by March 31, 2019, with private sector and state government participation
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Licence winners are expected to be announced by the first quarter of 2014.
The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.
Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
The BSE MidCap and SmallCap indices during this period have outperformed the blue-chip indices.
Also build a contingency fund equal to 9 to 12 months of expenses.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Sensex, Nifty end lower on global concerns.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
But he is actively pursuing greenfield steel plants in Karnataka and Jharkhand; ultimately, only one of these might come up.
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
Sensex in green, JSW climbs higher.
As home deals are down to a trickle, most are looking at life beyond broking.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.