Bandhan financial Services will raise funds via internal accruals.
'Is it advisable to have more number of scrips in small quantities or a few scrips in big quantities?'
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Economists caution that the underlying cause could be an alarming drop in demand -- something that's not good for economic growth.
'Kindly advise about the following stocks. Can I hold or exit?'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Uttam Prakash Agarwal alleged that Citax and Braich offers were incomplete and did not include firm commitment as to the price, size, timings, confirmation from the banks about availability of the funds.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
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SBI will hold 30 per cent in RIL joint venture
Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Ajit Mishra answers reader queries on the stock market.
Only NIIF has stayed the course as a viable infrastructure financing institution.
Vinod Rai, former Comptroller and Auditor General of India, former India women's captain Diana Edulji and banker Vikram Limaye were present at the meeting held at the IDFC Bank's premises in suburban Bandra-Kurla Complex.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy. Here are his replies to some of the 'buy, sell, hold, avoid or exit?' e-mails that we have received.
From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.
The year 2022 saw the Reserve Bank of India (RBI) start acting on the policy repo rate after a gap of two years. The six-member monetary policy committee of the RBI reduced interest rate sharply - by 115 bps - when Covid-19 struck in 2020. In March 2020, days after the nationwide lockdown was announced, MPC in an unscheduled meeting reduced the repo rate by 75 bps, followed by another 40 bps in May. Status quo was maintained for the next two years since the May repo rate hike.
RBI had received 72 applications for small finance bank licences.
The company will transfer its wallet business, which has over 218 million mobile wallet users, to the newly incorporated entity -- PPBL -- under the payments bank licence awarded to Vijay Shekhar Sharma, the founder of One97 Communications that owns Paytm.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
The scrutiny is expected to be over this month itself.
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The RBI has accepted the application withdrawal request, according to the statement.
For any airline to be eligible for restructuring, the current ratio has to be equal to or higher than 0.4, while 'debt to Ebitda' has to be equal to or less than 5.5.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Issuance of new bank licences proves that the apex bank wants the financial sector to flourish.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Lenders now use your phone data, utility bill payment records and other non-traditional parameters to determine if you are creditworthy.
EC received the RBI proposal in the first week of this month, soon after the model code of conduct came into force on March 5.
Licence winners are expected to be announced by the first quarter of 2014.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
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