The total quantum of non-performing assets in the Indian banking system increased to Rs 7.33 trillion as of June 2017, from Rs 2.75 trillion in March 2015.
Reports have suggested Rs 400-650 as the possible IPO price
'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.
Sebi takes 6 merchant bankers to task for lapses in IPO
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.
The assets mentioned in the Sebi order are already in possession of the ED for violation of an anti-money laundering law by Mallya and PMLA overrides all other laws, providing ED first right over the assets.
What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?
First case filed after new norms come into force, NCLT admits plea.
Government is framing a rule that will make it compulsory for regulators like Sebi, Irdai and PFRDA to deposit a significant portion of their reserves into the Consolidated Fund of India.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
This comes at a time when competition has increased significantly.
The treaty can be invoked in a criminal probe case seeking the transfer of persons, including persons in custody, for the purpose of assisting in investigations or giving evidence
SFIO is looking into the role of Grant Thornton LLP which had valued the brand.
Ratnagiri Gas & Power Pvt Ltd, in charge of Dabhol assets since 2005, has admitted it is passing through a difficult phase in the absence of gas allocation and low recovery of dues from the Maharashtra State Electricity Distribution Company.
Here are 5 ways you can get a credit card even if you do not have a job.
Asset quality stress has ballooned recently, as growth slowed and interest rates continued to rise.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Kingfisher to be lager partner at ICC Champions Trophy to be played in UK.
Over two dozen companies have announced bonus issue so far in 2017
Mallya has lived on the edge for long enough to know that his extradition from UK is not a given, says N Sundaresha Subramanian.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
SBI has the highest exposure of Rs 1,600 crore to the beleaguered Kingfisher Airlines.
Auto stocks are weighing on the indices.
Enforcement Directorate is seeking to invoke the India-United Kingdom Mutual Legal Assistance Treaty to extradite Mallya from Britain
British magistrate presiding over Mallya extradition case says India's prison standards are not up to the mark
A six-point checklist to follow when lenders reject your home loan application.
Vijay Mallya left India on March 2, presumably for London.
In similarly-worded notices of attachment dated October 17, Sebi asked 11 banks, including ICICI Bank, Bank of Baroda, HDFC Bank, IDBI Bank, Indian Overseas Bank and Standard Chartered Bank, to attach the accounts of the three individuals.
Banks have not cut rates yet as March is typically a busy season.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
Mallya remains elusive to India as the United Kingdom informed the government that they cannot comply with their request to deport him
Buyer actor-producer Sachiin Joshi, who owns Viiking Media, has reportedly bought the villa, spread over 12,350 sq ft or three acre at Candolim.
ED's zonal office in Mumbai, they said, is preparing legal papers to take the next step in the wake of Mallya skipping the third summons that required him to "personally" join investigations on April 9.
United Bank's exposure to Kingfisher Airlines was around Rs 350 crore (Rs 3.50 billion)
Pharma shares were the top gainers led by Lupin after the company received EIR from USFDA for its Goa facility
Asian shares ended higher after a string of positive US economic data.
A top-up loan could come to your rescue in an emergency. Here's why