The Reserve Bank of India (RBI) raised the minimum capital requirement for so-called shadow banks and tightened rules on deposits and bad loans to avoid any potential risk to the economy from these rapidly growing finance firms by regulating them like traditional banks.
Perch, New Delhi's first wine and coffee bar, has an expansive wine list but could do with a few more options for coffee
It takes a longer time to avail of these loans, owing to tight due-diligence process of banks.
Standard Chartered has appointed Zarin Daruwala of ICICI Bank as its new Chief Executive.
The firm, which owns, operates and manages hotels, palaces and resorts, is likely to hive-off the two properties into separate entities.
Fairfax Financial Holdings made three investments in a month
Freshdesk also launched an IT service management product Freshservice to offer cloud-based service desk solution for smaller companies for their internal IT support.
Ending the fortnight-long deadlock, the Aam Aadmi Party on Monday staked claim to form the government in the national capital with outside support from the Congress which it had trounced in the December 4 assembly polls.
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