Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
Rose Valley is one of the biggest money businesses after Sahara.
EPF is the major vehicle for the long-term savings of organised private sector employees.
With a sole mandate of inflation targeting, RBI wears many hats.
The awarding of in-principle licences for 10 small finance banks is likely to be a game changer in a way which may not be adequately realised right now.
Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
The BJP had not filed till May the expenses statement for the Karnataka Assembly elections held last year in July.
Challenges abound but innovation is key for new banks inorder to survive.
Money is being released and the government knows it will have to front-run private investment.
Mudra Bank will be a Rs 20,000-crore institution, which would "primarily be responsible for refinancing all micro-finance institutions.
FIIs pump in Rs 2,075 crore in past three trading sessions.
Upcoming payment banks will lift lower income groups in distant villages.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
The first stage of the inclusion strategy was focussed on opening bank accounts, logically seen as creating the last-mile channels for financial access.
India Inc has few leaders who are likely to grab headlines in 2015.