Measured by returns in 2013, the top 10 funds had only three from large houses; nimble strategy could be a factor.
DFS writes to departments that haven't responded to RBI's request for information.
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The RBI has accepted the application withdrawal request, according to the statement.
Rupee is seen to remain in the range of 67.50-68.80 in the short-term
Vodafone Plc and its ex-shareholders have suffered due to the delay in an Initial Public Offer (IPO) of its Indian unit.
Through the past 12 months, the Bank Nifty has risen 55%
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Rather than move up the echelons of finance management, he was part of crisis management at his first employer, and then the commercial head of home and personal care products and, lately, chairman of Middle East and North Africa for Unilever, the second-largest fast-moving consumer goods company in the world.
Prabhu-led advisory group also suggests JVs with mining and infra firms.
Licence winners are expected to be announced by the first quarter of 2014.
In debt private placements, firms issue debt securities or bonds to institutional investors to raise capital.
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.
On one hand, Limaye will have to battle legacy issues, while, on the other hand, he will have to ensure that the exchange is able to maintain its leadership position.
The Nobel follows a line of mighty brands that have bent low to kiss the feet of the popular, says Itu Chaudhuri.
2013 foreign currency non-resident deposits to mature in Sep-Nov
Go for high quality and low-to-medium-duration funds in your debt portfolio
With stock prices at elevated levels, investors must cut valuation risks in their portfolio
Debt fund managers think the Reserve Bank governor might at best go for one rate cut in April.
Janmejaya Sinha lays down Urjit Patel's agenda - cleaning up bank balance sheets, evaluating robustness of CPI and pushing for digitisation in financial services.
New listing on the BSE will create more jobs, say experts.
In last few years, a number of global players have exited the Indian mutual fund business.
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
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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.
Most investors find it very hard to understand when markets have over-extended themselves and look for data points to understand when a correction is due.
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Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
With over Rs 15,000 crore in deposits, its strategy is a hit for now, but the real test will come when it starts lending to retail and corporate customers in a big way
Investors prefer exits with lower valuation to staying invested for a longer term
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
What explains Vijay Shekhar Sharma's optimism when other players have started to tread cautiously is Paytm's huge customer base: It has 120 million users and counting, says Nivedita Mookerji.
Maran's penchant for taking risks was visible last year again when he acquired Indian Premier League's Hyderabad cricket franchisee and named it Sun Risers.
Jaypee, Essar, GMR, GVK, Lanco, Abhijeet groups debt rise despite falling cash flow, says UBS
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
Indian cricket, it seems, pays overwhelming obeisance to a vapid, old adage: The more it changes, the more it remains the same.
Mudra Bank will be a Rs 20,000-crore institution, which would "primarily be responsible for refinancing all micro-finance institutions.
Bajaj Finserv has few opportunities and challenges to overcome in 2015.
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