Other members of the high-level advisory committee are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave, and Nachiket M Mor, Director of the Central Board of Directors of RBI, Governor Raghuram Rajan said.
The move comes within months of a crisis at JPMorgan Asset Management Company.
Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.
As FIIs pull out of road projects, doubts have surfaced about the future of new highways and roads
Welcome to the era of too many investors chasing a limited number of commercial real estate deals.
Netflix and Prime have decided that rather than only buying the rights to Bollywood blockbusters to expand their reach in India, producing original content would be a better idea.
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
So what if your bank has imposed/will impose a transaction fee of Rs 20 for using ATMs after your fifth visit in a month? You can still remain within your free transaction limits and avoid being charged at all. Wondering how it is to be done? Read on.
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
The Reserve Bank of India kept its policy interest rate unchanged at a five-year low of 6.50 percent on Tuesday.
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
A mobile wallet may offer discounts but allows transactions of limited amounts. And, while a bank app or internet account allows larger transactions, it might be less convenient
Progress on monsoons along with favourable base effect in 2HFY2017 continues to point towards RBI achieving its near 5 per cent inflation target by the year-end
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
Budget this year has allowed PSBs to bring down govt stake to 51%
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
Budget 2015 has blessed the banking sector.
Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
Most sought-after market of the past few years doesn't feature among top bets in Asia, emerging markets
From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.
There is a narrow chance that the central bank may cut rates in the future, according to a poll of 15 economists and treasurers.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
The return of investor confidence in the equity markets is bringing some of the large companies back to the fund-raising table.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
Market cap touches Rs 5 lakh crore; earnings growth to spurt in FY19
The verdict on deemed licences has the Street question whether Sesa Sterlite owns any mines in Goa.
'When buying a term insurance plan, you need to visualise today what could happen to your family tomorrow in your absence,' suggests Mahavir Chopra, director-health, Coverfox.com.
Of the 80 new appointments, 51 women are becoming directors.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
The NSE 50-share index, after moving between 10,469.90 and 10,395.25, finally concluded at 10,458.65, up 41.50 points
'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
Banks will introduce hybrid home loans with stiff penalty on prepayment and shifting.
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
Single window clearances for realty must.
Anil Agarwal, chairman of the Vedanta group, has not started the New Year on a good note.
The 30-share Sensex provisionally ended up 366 points at 27,275 and the 50-share Nifty ended up 132 points at 8,235.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
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