the three investors that have submitted their final bids are not commercial banks. Among the three, one is a non-banking financial company. Another distinctive feature of the revival is that PMC may lose its cooperative bank characteristic after its reconstruction.
Some lenders in talks with LIC for pvt placement
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
There are certain key points that one must know when while applying for education loans
The agreement came in after the Ruias agreed to clear most of the Rs 26,000-crore dues to the lenders on completion of the transaction.
BoB now has over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers.
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Taxation has played spoilsport despite double digit returns.
Wondering if you did the right thing with your mutual fund investments?
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
This year's investment in equities would be one the highest
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Roadshows will be held in Singapore, Hong Kong, London, New York and Boston, NTPC gained close to 1%.
Capital infusion of $30 bn over two years needed amid high dividend payouts and impairment ratios.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Alvarez & Marsal will develop a detailed restructuring plan for the group to demonstrate to shareholders and lenders that it was self-sufficient in repaying its liabilities. So far, the IL&FS management had been working on its revival plan.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?
MFs have benefited from a shift to financial assets from physical assets like real estate and gold.
Government's financial inclusion mission is well intentioned, but it may be putting a severe strain on the banking sector.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
PFRDA will invite bids to appoint pension fund managers.
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Cumulatively for the first two quarters till now, the advance tax collections from the Mumbai zone, which contributes over a third of the income tax collections nationally, have grown 11 per cent, the official said.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
What is it about Arohan that puts it in the top league of microfinance institutions in the country?
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
'EPFO's investments this financial year should be Rs 1 lakh crore'
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