In an email interview with Ranju Sarkar, International Finance Corporation's South Asia director Mengistu Alemayehu explains why the firm is bullish on building affordable homes in India.
PE firm True North's investment model is to take 51% stake in mid-sized companies and make them large, says Niraj Bhatt.
It has been a decade since Shyam Srinivasan took over as managing director and chief executive officer at Federal Bank. He wants to ramp up the bank's unsecured lending going ahead even as it homes into the space vacated by competition. Reappointed for a fresh three-year term as the bank's helmsman, he spoke to Hamsini Karthik on the plot ahead.
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
Not all public sector banks are back in the black, but their collective net profit for the year is Rs 32,346 crore against a Rs 9,013 crore loss in the previous year, points out Tamal Bandyopadhyay.
'Investors should be careful in getting carried away; although a reversal of IPO frenzy this time is taking longer than in the past.'
After touching a high of Rs 32,01/10g in October 2013, gold prices fell to a low of Rs 26,900/10g in June
The past decade saw three full cycles of markets moving up and then going into bear phases.
Welcome to the era of too many investors chasing a limited number of commercial real estate deals.
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
Banks have issues with their balance sheet profiles, say PSB executives.
Why should I invest in mutual funds? Why cannot I invest in equities directly? Here are 7 simple reasons
Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.
Consensus continues to be cautious with analysts pointing towards tougher days ahead
Women are multitasking and management queens. The pointers here can easily be managed by all women along with juggling their current tasks at hand. Superheroes are fictional whereas superwomen are real. They are all around us!
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
Heads of various public and private sector banks on Thursday sought to present a counter-narrative on RBI Governor Shaktikanta Das warning lenders about the perils of extreme risk aversion in the pandemic-stricken environment where credit demand is on the wane.
Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.
Find out if you do these 6 things to become one
Inflation indexed bonds assure a positive return over inflation.
The book, 'India Can', has received praises from top business leaders including Deepak Parekh and Nandan Nilekani.
Bupa and Axa have already declared their intention to raise stakes.
If the view is that rupee will depreciate, hedge your exposure by using forward cover
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
Other losers included HCL Tech, Yes Bank, IndusInd Bank, TCS, ONGC, Bajaj Finance, PowerGrid, Vedanta, Asian Paints, NTPC and Hero MotoCorp, which shed up to 4.07 per cent.
Non-performing loans in the Chinese banking system stood at RMB 1.27 trillion at the end of 2015.
The broader NSE Nifty moved between 10,705 and 10,785.55, before ending 25.15 points, or 0.23 per cent down at 10,716.55.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Over 25,600 cases of banking fraud reported up to December 21, 2017, says Minister RS Prasad.
Asset financing firms are still witnessing subdued demand and meaningful recovery is likely only in FY16, the report said.
RBI awaits fiscal stance, inflation to cool off to decide on rates.
Several MF managers are trying to tell their investors that it could be the best time to invest as India is different.
The most consistent wealth creators since 2008 are all consumer-facing companies, says Devangshu Datta.
BoB now has over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers.
Over 75 per cent of the bank's Rs 175 crore NPA arises from Uttar Pradesh, Madhya Pradesh and Maharashtra.
The report has identified 29 instances where it appears that the loans disbursed to borrowers were in turn utilised by their group companies to repay the existing debt obligations with IL&FS Financial Services Limited.
Trading in Samvat 2074 on Thursday got off to a rocky start, with the benchmark indices ending more than half a percent lower and the gauge for banking stocks dropping 1.25%.
Founded in 2006, PremjiInvest's assets under management are worth over $2 billion across India
PFRDA will invite bids to appoint pension fund managers.
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.