State Bank of India partnered GE Capital in 1998 for its credit card business.
RBI's surprise rate cut has revived sentiments of India Inc.
The rupee fell to a two-year low of 64.84 against the US dollar.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
Aditya Puri thinks the government is on track.
Five stocks - Havells, NCC, Suzlon, Blue Star and Crompton Greaves look most attractive after the recent course correction.
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
Analysts expect the indices to dip further if the global macros do not stabilise
The S&P BSE Sensex plunged 128 points to end at 25,102.
Slow credit off-take to put pressure on margins
Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.
Analysts say there is still no visibility of earnings improvement.
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Bankers remained ambivalent on the impact of Tuesday's policy announcement by Reserve Bank on the cost of funds and refrained from giving a guidance on the direction in which lending rates are headed.
'Credit expansion is probably the quickest way to get the economy going again.' 'Easy credit is like a shot of nitro in a race car: In timely, small, quick, doses it can give a tremendous boost but carried to extreme it can destroy the engine,' points out S Muralidharan, former managing director, BNP Paribas.
A customer wanting to buy a car would have to wait a long time for delivery.
Short-covering and the propping up of net asset values have potential to boost frontline as well as second-rung names next week
Indian property markets are not in the pink of health.
The S&P BSE Sensex ended 190 points up at 23,382.
The total investor wealth, measured in terms of cumulative value of all listed stocks on BSE, slumped by over Rs 7 lakh crore during the torrid week.
Close to a million small shareholders have stake in nine NCLT-bound companies
Any saving on the car loan EMI can translate into major savings.
Sensex rose 5.8% this year, against a 3.2% rise in Nifty; Axis Bank inclusion may blunt Sensex edge
It should cover mandatory expenses, insurance premiums and loan installments for six months to a year.
Challenges abound but innovation is key for new banks inorder to survive.
If you default, it will affect your credit score and your career.
This year's investment in equities would be one the highest
Sensex ends lower; govt schemes in focus.
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
The BSE Mid-and Small-cap indices outperformed their larger peers rising 72 per cent and 52 per cent, respectively, during Samvat 2070.
'A fund investor could pick, say, three of the top active funds in any given category.'
Market regulator also announces measures for mutual funds sector.
The reason is believed to be a 19% increase in interest cost.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
Within the next 3 months, most brokers will enable you to intelligently invest via mobiles in MFs, FDs, and IPOs.
We need a change in mindset, says the RBI Governor.
Subrata Roy turned up at a New Delhi stadium, best known for hosting the Commonwealth Games, last week as part of his country wide Abhaar Yatra.
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