'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
Democracy is the heart of our body politic and elections are its life blood. Because there is some disease that affects it, we cannot apply leeches to drain it off, killing the body in the process, asserts Shreekant Sambrani.
The S&P BSE Sensex dipped 90 points to end at 27,747, after hitting an intra-day high of 28,014.
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.
Rather than focusing on profits, market should look at the inherent strength of the balance sheet whether it can withstand difficulties, he said.
'I am more worried about the BJP as I see lot of marginalisation of top leaders in the BJP.' 'I am really worried about the terminal decline of the Congress. And the greatest tragedy is that there are so many good people in the Congress.' 'It will take a couple of years, but this is the most appropriate time for a new political party and leadership to emerge.'
The weekend curfew, aimed at breaking the chain of spiralling coronavirus infections, was clamped at 10 pm on Friday and will continue till 5 am on Monday.
'There is no point in just saying, 'hum wapas bhej denge (we will send Kashmiri Pandits back)'.'
Since 2014, India has left its moorings as a pluralist, modern, secular State because that is how the BJP wants it to be, notes Aakar Patel.
'Just keep telling people that we have fixed the Muslims, and they will not be bothered about their empty stomachs or empty wallets.'
They have everything they wanted as a teenager - only they seem to have got it all 50 years later, says ad guru Sandeep Goyal.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
Use a "virtual credit card" for every online transaction when you can't pay cash on delivery.
The country has been facing an ever-rising fiscal deficit, increasing debt and a hamstrung economy.
The ministry has also made Udayen Sen of Deloitte, and Kalpesh Mehta and Sampath Ganesh of BSR as respondents as they were the signatories of the audit reports of the company.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
'It's the brazen corruption involving politicians that makes you sit up years after the event,' notes Nivedita Mookerji after reading B K Syngal's Telecom Man.
The Modi government's decision to demonetise Rs 500 and Rs 1,000 banknotes will drive up interest in the bullion market
Prime Minister Narendra Modi announced the financial inclusion scheme in his first Independence Day speech last year.
'Modi has shown political courage by instituting several economic reforms which include demonetisation, ushering in GST, eradication of benami transactions...'
'Unless it becomes really a big epidemic in India where a huge number of people are getting sick and lakhs of people dying, I do not see a major impact on the insurance sector.'
'There is much scope for ingenuity and inventiveness, and the stakes are very high.'
Where do the four members of the Supreme Court appointed panel to interface with farmers stand on the Modi government's farm laws?
The government of India holds 24.5 per cent stake in GSTN while states together hold another 24.5 per cent
'The big power struggle in faraway Europe erupted at a most critical juncture when India has been increasingly sceptical about American policies and statesmanship,' argues Ambassador M K Bhadrakumar.
The new tax rates will come into effect from January 1, 2019.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
V Vaidyanathan, former executive director at ICICI Bank who turned entrepreneur to run Capital First, an NBFC that caters to smaller businesses, tells Pavan Lall in an exclusive interview that his new entity post the merger of Capital First and IDFC Bank which will be called IDFC First will launch by January and cater to a new India with value services.
'Four weeks have passed after the scam was exposed, yet no big guy has been arrested.' 'This gives the impression that he wants to be soft on the biggies.'
HDFC on Thursday offered home loans to women borrowers at 9.85 per cent.
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
Banks have issues with their balance sheet profiles, say PSB executives.
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
'In the total of black wealth, only 1% or less than 1% constitute cash.' 'So, even if cash is completely weaned out, it impacts only 1% of the black wealth.'
In the long run, the amended Securities Bill may partly determine the interest rates that you pay on your home loans. However, some technical issues still need to be resolved
'Normally, the system is geared towards counting notes -- it is equipped to do x amount of work and one day you are asking them to do 20 x.' 'The processes involved are very complex.'
'The worst is over, but it may take a couple more years for the banking system to re-establish the growth process.' 'Banks are the major pillars in an economy's revival.' 'Without banking operations and lending, revival will not happen.'
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
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