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IL&FS and Rs 13,000-cr worth of fishy deals

A report has identified 29 instances where it appears that the loans disbursed to borrowers were in turn utilised by their group companies to repay the existing debt obligations with IL&FS......

REVEALED! How the SBI chief plans to realign credit growth

State Bank of India chairperson Arundhati Bhattacharya hopes to see a pick-up in credit growth as the base interest rate comes down, though she hastens to add the bank’s asset-liability......

RBI asks banks to review minimum lending rate every quarter

The Reserve Bank on Monday asked banks to notify the base rate, or the minimum lending rate, at least once in every three months based on cost of funds, a move seen as a nudge to lenders to pass on......

Banks set for lending rate action this week

SBI, IDBI Bank among a host of lenders holding asset-liability panel meets Days after the Reserve Bank of India lowered the repo rate in a surprise move, banks have set the ball rolling for a......

Savings deposit above Rs 1 lakh? You will earn less!

Your opportunity to earn higher interest by keeping more than Rs 1,00,000 in your savings bank account might soon be limited. Only a few private banks currently pay more than four per cent interest......

Cricketnext goes the whole 9 yards

The Walchand Group, which ownscricket website CricketNext.com, launched a new business initiative,9Yards,a sports and entertainment company, at a function in Mumbai on Monday.The companyhas signed......
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Brands bring the premium down to keep demand ticking in peak festive season

Companies such as Tanishq are launching light-weight jewellery to make it more affordable. In alco-beverage segment, several companies have... ...

https://economictimes.indiatimes.com/industry/cons-products/fmcg/brands-bring-the-premium-down/articleshow/78627990.cms

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Coming to India and making

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