Dalal Street is bullish on invest
SBI Caps readies plan, identifies 4 assets; bankers say there are enough bidders.
In an interview with Business Standard, Arundhati Bhattacharya says she expects stalled projects coming back on track in two quarters.
With cash -- the primary medium of exchange -- all but disappearing, it is now unlikely that the expected fillip to demand on account of a good monsoon and proceeds from the Seventh Pay Commission payout will materialise.
Top shuttlers Saina Nehwal and P V Sindhu and national champion K Srikanth continued their rampaging run with contrasting victories to reach the semi-finals of the $120,000 Syed Modi International India Grand Prix Gold tournament in Lucknow.
'Aamir has bigger goodwill than even the Tatas and Birlas.' 'The Sanjay Dutt biopic is amazing because of Rajkumar Hirani, because of Abhijat Joshi's writing and because of Ranbir Kapoor's acting.'
The country's two biggest state-run lenders on Saturday pitched for treating a portion of their gold deposits as part of the mandatory cash reserve ratio (CRR) or statutory liquidity ratio (SLR), both of which banks consider as non-productive.
Stating that its ATM operations are making losses, nation's largest bank SBI has said it is all for charging customers for transactions.
RBI Governor has been under pressure from Finance Ministry.
India's aggregate NPA as a percentage of GDP is far lower than that in Italy, Greece.
The meeting will focus on how to make the crisis an opportunity for India.
Ruling out a cut in lending rates, bankers said the status quo policy stance of the Reserve Bank will be followed by them, at least in the near-term.
A two-year extension at the helm of the RBI still looks a real possibility
The ministry seeks to make lending requirements flexible for banks financing key stalled projects.
'The corporate sector says by 2022 they will create 300 million jobs.' 'In the last 70 years we didn't do it, how will we do it in 5 years?' 'Only agriculture can bail out the economy. Unfortunately, it is not being looked into.'
There is a sharp difference between the total remuneration paid at the public sector and private sector entities
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
Saina Nehwal fought her way back from a game down to win her opening round match while compatriot P V Sindhu crushed her opponent to storm into the second round of the French Super Series in Paris, on Wednesday.
The Central Bureau of Investigation has started a preliminary enquiry looking into the Rs 950 crore (Rs 9.5 billion) alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the company's negative credit ratings and net worth.
R K Studios is not just another piece of real estate; it is part of India's movie history.
Assocham told Modi policy makers needed to act fast to "bullet proof" India from global jitters.
SBI's net profit for the quarter rose 30.3% to Rs 2,910 crore ($468.4 million), from Rs 2,234 crore a year earlier on the back of rise in net interest income, fees, and control on employee costs.
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
As a result, the forecast of eight per cent retail inflation by January next year looks achievable.
The Confederation of Indian Industry will organise a round table on investment.
Higher provisioning drags net profit down by 7.8 per cent.
SBI leads a 17-member consortium of lenders that is trying to recover dues running into over Rs 7,500 crore (Rs 75 billion) in principal alone from Kingfisher Airlines.
Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.
Vijay Mallya, who faces prosecution in India, is reportedly in London.
Jaitley's Budget has the potential to change the face of Modi's Bharat
We tried our best to recover money from Vijay Mallya: Arundhati Bhattacharya
Lending rates in certain segments may be increased; fixed depositors may lock into existing rates.
Railway Budget has not discriminated against any state.
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
Banks might hold on to lending rates for the time being.
'I wish there was a little chaos there and I wish there was a little discipline here.' Actress Tannishtha Chatterjee on Bollywood and Hollywood.
State Bank of India chief Arundhati Bhattacharya, ICICI bank head Chanda Kochhar, Biocon founder Kiran Mazumdar-Shaw and HT Media chair Shobhana Bhartia are among the world's 100 most powerful women.
'The category of crime and criminals called Maoist or Naxal or #UrbanNaxals is an illegitimate creation of right-wing propaganda media frenzy.' 'It is a fiction repugnant to the Constitution and the law of the land,' argue Vernon Gonsalves and Arun Ferreira.
When it comes to key hands-on management positions, India Inc is still largely run by men.
Reserve Bank Governor Raghuram Rajan is widely expected to hold the key rates citing high inflation at the fourth bi-monthly monetary policy announcement on Tuesday, even though the pro-growth lobby has been wishing for a rate cut.
