Your credit score is more than just a number. Here's how you can read and understand its importance.
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
While it will most certainly impact his personal credit record, it will also have repercussions for his other businesses and companies he is associated with.
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
Modi placed a $12.6 billion bet in this year's budget on road building
Sebi takes 6 merchant bankers to task for lapses in IPO
Without the handsome receipts from the sale of government equity in PSUs and sharp increases in excise revenues from oil, Mr Jaitley's fiscal consolidation drive would have become even more arduous, says A K Bhattacharya.
The sudden exit of Yogesh Agarwal as the chairman of the Pension Fund Regulatory and Development Authority, or PFRDA, has once again brought the relationship between financial sector regulators and the finance ministry into sharp focus.
'A 180-days period -- for insolvency resolution -- is aggressive, but by no means inadequate.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Here's what the 44th President of the United States can teach you about making money.
RBI's liquidity tightening stance had stumped the Street as a result of which bond yields had risen.
Who would have thought that tales of gods would sell in millions? But Amish, with his unique narrative vision, has captured the heart of the Indian reader
As for structural reform, there are signs if one looks hard enough.
Analysts expect the indices to dip further if the global macros do not stabilise
Speaking at CNBC TV 18's business leadership awards event, Sitharaman made it clear that she was not expecting a jump in the number either.
Six money lessons you can learn from the popular game
'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.
So far in September, the S&P BSE Small-cap index has gained nearly 3 per cent as compared to a modest 0.2 per cent dip in the S&P BSE Sensex.
The Securities and Exchange Board of India does not seem to have understood the enormity of what funds have been up to. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.But MFs decided to become lenders without the legal backing to secure themselves, or the skillset to assess lending risk. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.
Interoperability with other insurance companies - apart from banks, medical centres, among others - would be the eventual goal
About 12 other lenders with combined exposure of Rs 1,200 crore likely to follow
Indian Economy poised for growth, say experts.
Dabhol's assets will be demerged into the power plant and the LNG terminal.
Riding on a strong market sentiment, these stocks have outperformed the bellwether. The flip side is, they can fall faster when the tide turns.
"The shift is gradually happening more on account of favourable risk-reward for stocks in these sectors and the shift would be more pronounced as investors roll over their targets to 2017," the head of research at a foreign brokerage said.
The markets will remain choppy ahead of RBI policy.
'The approach towards Mallya is not right because his unit could have been turned around earlier with additional funds from his side and the bank's side.'
Any change in rates would mean more volatility; else, poll outcome-fuelled rally expected to continue.
Between April 2 and July 8 this fiscal, the rupee has plummeted by 12.81 per cent, and hit all-time low of 61.21 per cent on Monday.
Vijay Mallya has lost control of his companies.
market rally, especially in mid-caps, has also been driven by a pick-up in the monsoon and the government's resolve to get the goods and services tax (GST) Bill cleared in the recent session of Parliament.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
Allowing it to lapse leaves you unprotected and can, in some cases, cause loss of premiums paid, experts tell Sanjay Kumar Singh.
The BSE Midcap ended up 0.5% while the Smallcap index ended nearly 1% higher
The sentiment around Indian equities remains positive and unchanged.
While the latter is being viewed as a greater concern, the former may gain prominence in the next few weeks.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
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