As the Modi government enters the fourth year of its tenure, it is looking more confident, shedding its earlier inhibitions about offering sops or new opportunities to big business, says A K Bhattacharya.
State Bank of India has fixed its benchmark prime lending rate at 10.25 per cent, 0.25 per cent below the existing PLR, which is 10.5 per cent
Although this may not be music to Raghuram Rajan and Viral Acharya's ears, the real reason in my estimation for their quitting is expatriate over-sensitivity, intolerance or arrogance, argues B S Raghavan, the distinguished civil servant.
Credit card loans and personal loans are two prime examples of unsecured loans that must always be avoided.
While debt funds have emerged as the flavour of the season, not all investors understand debt funds. So the best they can do is put trust in the fund manager and the fund house.
The leaders said trade ties were still fragile
Perhaps the way forward could be the introduction of uniform rating standards - on the lines of accounting standards for the accounting profession - with a separate regulating authority for enforcing those standards, says Sudipto Dey.
Amole Gupte strokes Sniff with a gentleness that one has now come to associate with his filmmaking (Taare Zameen Par, Stanley Ka Dabba or Hawaa Hawaai), says Sukanya Verma.
Noting that Lok Sabha elections are around the corner and only one session of Parliament remains, he asked the government to bring an ordinance.
The new system is expected to give emphasis on various in-built credit enhancement structures.
Few big ticket road projects will be fast-tracked soon.
'AI will be bigger than the advent of the Internet or the harnessing of electricity.' 'India must embrace it with all its might,' says NITI Aayog CEO Amitabh Kant.
The board is likely to take up the matter this month.
Here's why consumers are shifting to large brands.
'We are all in a tizzy about NBFCs in the aftermath of the IL&FS default.' 'We tend to jump to the notion that an NBFC is like a bank. But banks make a promise that deposits are liquid and have an assured return.' 'NBFCs make no such promises,' points out Ajay Shah.
The use of RBI capital to strengthen public sector banks will have many positive implications for the economy -- and a few manageable downsides, points out R Jagannathan.
Do not game the system to run away from repaying the money you owe to the credit card company.
A new Section prohibits banks to lend money to smaller subsidiaries companies despite Corporate Guarantee from the parent.
The Reserve Bank of India (RBI) on Thursday paved the way for niche banking by issuing draft guidelines for setting up payment banks and small banks.
'The government is in no hurry to talk to the separatists and would like to approach the Kashmiri people directly through various other organisations.' 'Officials in charge of J&K affairs at the Centre are clear that there would be no let up in the operations against terrorists,' reveals BharatShakti.in founder Nitin A Gokhale.
The regulator will now call Chanda and ICICI Bank's representatives for a personal hearing as part of adjudication proceedings launched against them.
In the April-June period, bond yields rose by 30 bps.
.jpg)
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.
What stocks will gain from a normal monsoon?
Bala creates a world so mad yet meticulous and unlike no other in Mard Ko Dard Nahi Hota, raves Sukanya Verma.
While KKR suffered their heaviest defeat of the season against Sunrisers Hyderabad in their last game, Pune looked to have found their mojo in the business end of the tournament having registered consecutive wins in their last two matches.
Stocks such as ICICI Bank, Axis Bank, State Bank of India, Bank of Baroda and HDFC Bank are among the top banking picks of analysts for 2017. A decline in cost of funds and treasury gains are expected to help stabilise their net interest margins
Infrastructure stocks are once again gaining traction.
Efficient use of data and a great sense of timing are two things that stand out in the Sebi whole-time member's order in the matter of Reliance Petroleum
'Does Deepika not have the right to raise her voice in a democratic and peaceful manner on an issue she considers important?' 'Why should one view her only as an actor and not appreciate her role as a concerned citizen of the country?' ask Aftab Alam and Mohammad Asim Siddiqui.
As markets enter the new financial year and the long-term capital gains tax on the sale of stock investments kicks in, Abhinav Khanna, head of equities, Citi India, tells Puneet Wadhwa that he remains optimistic on the medium-to-long term growth of India, led by consumption recovery and the green shoots visible in the capex cycle.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Gold loans are a quick, easy and low-cost way to meet your immediate and emergency financing needs, but do ensure that you entrust your gold in safe hands after thorough due diligence, suggests Gaurav Gupta, founder and CEO, MyLoanCare.in.
Much of the pre-2014 peace in our hotspots is diminished. Kashmir is on the boil and the Northeast is anarchic, observes Shekhar Gupta.
Despite its love for feel-good, Tumhari Sulu isn't stuck in a fool's paradise and confronts the conflicts thrown in its path, feels Sukanya Verma.
'That the two sides allowed such a situation to arise exposed the level of inaction and inefficiency in China-India border management.' 'The Modi-Xi meeting in Xiamen initiated a process to to avert such contingencies in the future.'
The close-onto four years (since November 2015) Peter has spent in Arthur Road jail, central Mumbai, in judicial custody, have taken their toll, lending him a bit of a melancholy stoop, a laborious gait and a tired face, turning him prematurely into a much older man than his nearly 64 years. Vaihayasi Pande Daniel/Rediff.com reports from the Sheena Bora murder trial.
Fraudsters duplicate SIM cards to hack into bank accounts.
Race 3 doesn't merely demand you to leave your brains behind but guarantees you won't find them anywhere even after the ordeal is over, feels Sukanya Verma.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances