A total of 25 companies raised Rs 28,220 crore during the financial year.
Nultiple regulators are probing the nexus of scamsters with diamonds after a state-run bank got defrauded of $1.8 billion by designer jeweller Nirav Modi.
Vishal Goyal, Banking Analyst at Edelweiss Capital, says that the interest rate increase is not that harmful for banks' bottomline.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The agency on Friday also carried out searches on the premises of the Gitanjali Group at 20 places in Mumbai, Pune, Surat, Jaipur, Hyderabad and Coimbatore.
As many as 58 companies raised money from automatic route and 8 firms raised via approval route.
/We will stay away from corporate loans,' C S Ghosh, managing director and chief executive officer of Bandhan Bank, tells Namrata Acharya.
As opposed to term insurance that keeps you covered for a specific time period, opting for a whole life term plan means that you are covered for your entire life, says Santosh Agarwal.
State Bank of India, Bank of India and Punjab National Bank have sought permission to open branches in Pakistan, the government said in Parliament on Tuesday.\n\n
Jayesh Gandhi, Fund Manager, Birla Mutual Fund says that they have exposure to Allahabad Bank, IOB, PNB and Union Bank.
Defence Minister Manohar Parrikar said most of the rest will get their new pension by Holi.
New Irda rules open the way, with 5 entities getting okay to set up as repositories; firms preparing structures for switch
The Nafed has outstanding dues of Rs 224.26 crore (Rs 2.24 billion) as of February 15.
The Reserve Bank of India also banned with immediate effect issuance of letters of comfort which, like LoUs, are used by importers to fund their overseas purchases.
Analysts say there is still no visibility of earnings improvement.
The markets opened in the positive terrain after seeing a flat close yesterday
With interest rates showing signs of going up, long-term floating rate debt mutual funds are catching the fancy of risk-averse investors as it promises better return than even bank fixed deposits, analysts said in New Delhi.
The case pertains to alleged financial irregularities in supply of high-altitude tents worth Rs 22 crore to intelligence agency Research and Analysis Wing during 2009-13.
It will carry out most banking operations like accepting deposits but can't advance loans or issue credit cards.
The recapitalisation, the finance minister said, will enhance the lending capacity of state-owned banks and help them come out of RBI's Prompt Corrective Action framework.
Lupin was the top gainer after the USFDA cleared its Goa facility
Combination of term plans and mutual funds will provide the same benefits.
Punjab National Bank is believed to have clinched the deal for taking over the ailing Industrial Finance Corporation of India.
The markets opened the first trading day of 2007 on good note
Prakash Padukone backed Sindhu to win the World Championship crown soon after two consecutive silver medal performances in the prestigious event.
The markets have opened the week in the positive terrain, traders are bullish on auto, power, bank up. In the morning session, selling pressure was witnessed in IT.
The markets opened strong on account of buying seen in select index pivotals
Amid liquidity and inflation concerns, government's market borowings have come down by 21 per cent to Rs 85,000 crore (Rs 850 billion) till November 25 this fiscal.
The opposition has been protesting over various issues, including the Punjab National Bank scam, since Monday when Parliament had reconvened after a month-long recess in the Budget session.
With RBI's repo rate cut and strong macroeconomic fundamentals like benign inflation, strong forex reserves and stable rupee, GDP growth is expected to be higher and interest rates are poised to touch new lows, PNB Gilts has said.
Around 88 per cent of all Indian employers surveyed said they offered benefits to attract employees from competitors.
Surjewala alleged that Mehta and his family were allowed to leave India even when there were complaints pending against him with the CBI.
The BJP chief said the ED and the CBI have taken prompt action in the Nirav Modi case.
State Bank of India (SBI) on Wednesday reduced interest rates on loans for car and consumer durables and also decided to lower processing charges to cash in on the festival season demand.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Modi, 46, who had figured in the Forbes' list of richest Indians, has been named in the cheating case on a complaint from the PNB, which alleged that the jewellery firm owner, his brother, wife and Choksi entered into a criminal conspiracy with the officials of the bank and cheated it, causing a "wrongful loss".
The money is expected to be disbursed by the lenders consortium led by SBI after the Jet management submits an operational plan on how it intends to use the money till May 7.
