The RBI governor's assurance should give investors enough confidence to start believing in the NBFC sector again, say bankers.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
On October 24, the NSE sought clarification from the IT major on the whistleblowers' allegations and why the company had not disclosed the same to the exchanges.
They said protests took place at around a dozen places in which several protesters were injured.
If the rupee falls further, it would negatively impact the dollar-based returns of foreign investors, and could influence foreign flows into India.
Investors in Reit would like some favourable tax treatment so that this remains an attractive route for them to put money as compared to other options present in the market.
Anticipating panic and rush at bank counters, the Reserve Bank of India as well as the government has set up control rooms in Mumbai and the national capital to avoid any crisis, Department of Economic Affairs Secretary Shaktikanta Das said.
Titan accounted for 59.6 per cent of his disclosed portfolio at Rs 8,355 crore. This is more than 10 times the next biggest holding, Federal Bank, at Rs 619 crore.
With a sole mandate of inflation targeting, RBI wears many hats.
Central banking is a science, not an art, Tamal Bandyopadhyay tells RBI Governor Shaktikanta Das.
Asian Games gold medallist Swapna Barman will receive seven pairs of customised shoes, one each for the different events of Heptathlon, sports giants Adidas announced on Monday.
Sebi has time and again voiced its concerns over higher agents' fees.
The Shanghai Composite Index eased 0.2 percent in subdued trading on Wednesday morning.
The Securities Appellate Tribunal has suggested setting up of an Advance Ruling Authority in the capital market headed by a High Court Judge with its order binding on the Securities and Exchange Board of India.
Tamil Nadu Director General of Police on Monday told mediapersons that he had received a terror alert for the state. Nanjil Kumaran said market places and crowded areas in the city were given security cover
Retailers claim online firms' predatory pricing strategy disrupting business
IRDA said it wanted to seek a legal mandate jointly with Sebi, but the market regulator had reservations.
Being more financially savvy helps women choose the right balance between consumption spending vs investing for future and can hold them in good stead as life hands out various twists and turns along the way, says Piyush Baranwal
The RBI is of the view that it cannot carry out satisfactory due diligence for granting registration because the funding is from a jurisdiction that has been identified by FATF as having weak measures to combat money laundering and terrorist financing.
A Delhi Police head constable, Ratan Lal, was among the nine killed in the violence that erupted on Monday over the amended citizenship law.
The problem is simple: None of the incumbent players, including Vodafone Idea, has a similar offer to challenge Jio and ensure that its 2G customers do not migrate.
The new powers are aimed at making Sebi more effective in protecting investor interest and helping it to better regulate the market.
Lok Sabha passed a bill to regulate street vending activities and protect the rights of urban street vendors, including against harassment by police and municipal authorities.
A yellow minibus carrying Nepal and Afghan security guards was hit by a suicide bomber in the Banae area, PD9 Kabul city at around 5.40 am.
There will be pressure on the fiscal situation, especially at a time when the monsoon can also disappoint. More populist expenditure is on cards if the mandate is a hung Parliament or a coalition government.
Are we creeping back to controls on corporate decision making? Three moves over the past eight months reinforce this notion, says Kanika Datta.
Three alternative approaches under consideration envisage addressing the flaws of the domestic market, broadening the foreign institutional investor framework and replacing the FII regime with a QFI framework. By reducing the complexity of obtaining permits, foreign investors will be encouraged to us onshore Indian stock market platforms. Individual investors will be allowed to trade on Indian bourses by opening a demat account and a bank account.
Why did the Chinese military take over the lab in Wuhan in end January? Did something go wrong? Claude Arpi glances at the mystery surrounding the origin of the coronavirus.
The government on Thursday announced new rules to curb misuse of social media platforms, as it mandated firms to appoint grievance officer, disclose the first originator of the mischievous information and remove, within 24 hours, content depicting nudity or morphed pictures of women.
Terming the incident as 'horrific', the Aam Aadmi Party hit out at the Centre by drawing a comparison with the Jallianwallah Bagh massacre, whose centenary is being observed on Saturday.
Bharti may look at gaining market share pre-merger and benefit from a lower capex intensity
The Duff & Phelps report shows that Virat Kohli has increased his brand value by 40 per cent to $237.5 million in 2019 and taken a huge lead with his closest rival, Akshay Kumar, ranked second.
'The telecom companies are our lifeline now, despite having nearly collapsed under debt because of ill-advised policies.' 'Perhaps our obvious dependence on telecom services will spark well-conceived policies for this sector,' says Shyam Ponappa.
Such listings will help internationalise our currency, give us economic heft, compel best in class regulations and further develop the professional-services ecosystem., says Amit Tandon.
According to a report in the Financial Times, two UBS bankers tried to create Pleuri, an offshore vehicle through which Ambani 'could illegally invest in securities at home'.
RBI Governor cautioned against more volatility.
German Chancellor Angela Merkel said the attack was linked to terror.
Pakistan airline authorities fear that the terrorist attacks on Karachi airport terminal building could negatively impact the flow of international air traffic at the Jinnah international airport in Karachi.
Tax sleuths have detected over Rs 52 crore of unexplained cash in jewellers' bank accounts
On Wednesday, the Chinese authorities extended a ban on sales of shares by large shareholders.
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