ICICI Bank was the top Sensex gainer after S&P Global Ratings affirmed its 'BBB-' long-term issue ratings on the senior unsecured bonds.
Private banks and start-ups offer instant loans on apps as well as through ATMs.
'Most importantly, marking a departure from the past, the RBI has made it clear that it is not overtly worried about the level of the local currency,' notes Tamal Bandyopadhyay.
He also proposed various measures, including land tax waiver for farmers, to mitigate their suffering.
The Sahara group's problems continue, with rating agency CARE cutting its 'BBB' ranking for Sahara Hospitality Ltd's (SHL) long-term bank facility to 'BBB-', due to sub-optimal financial and operational performance.
Frank Lampard, Chelsea's all-time leading scorer, netted against his old club when he came on as a late substitute for Manchester City to give the champions a 1-1 draw.
Chelsea manager Jose Mourinho has joked that he might make a bid to sign Liverpool captain Steven Gerrard on loan when he leaves for the United States at the end of the season.
Ayan Pramanik reports on former Infosys CFO V Balakrishnan's fintech firm, which aims to make borrowing easy for small firms and individuals.
Impact of lack of significant investments in the last 4-5 years; inability of private sector to put in fresh capital with availing of loans becoming an issue due to rising NPAs of banks, along with demonetisation were mainly responsible for dampening growth, he said.
'The huge amount of investments being made by telcos in India for telecom gear, there is no way this demand could be met only by Europeans.' 'The Chinese are quick in installation and offer great value for money.'
Banks put the airline's trademarks including Kingfisher logo and the once-famous tag-line 'Fly the Good Times' on the block
he feels they are prone to misuse by borrowers, including farmers, and suggested a rate ceiling for loans by micro finance lenders.
As many as 116 farmers have committed suicide due to agrarian reasons so far this year, with maximum cases reported in Maharashtra, followed by Punjab and Telangana.
An additional lease rental of Rs 200 crore on nine Boeing 787 Dreamliners was the reason for ending in the red this quarter, Arindam Majumder reports from New Delhi.
Nissan' exit from the light commercial vehicle joint venture has helped speed up consolidation and growth for the company
According to the RBI proposal, companies can now take the ECB route for raising 10-year funds which is capped at five years now.
Telecom operator Reliance Jio Infocomm has arranged credit facilities worth $1.5 billion with lenders, including Bank of America and Barclays, to refinance existing loans.
Sensex under pressure as Yellen signals rate hike; banking stock slip.
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
The bank's base rate currently stands at 10 per cent and the last movement in it was in November last year, when it was hiked by 0.20 per cent.
The company did not respond to specific queries on the project's expansion.
Yes, you need to be safe when dealing with third party agents who act as intermediaries between you and the lending institutes.
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Diplomatic channels activated to keep India eligible for soft loans from World Bank affiliate, though rules show it's probably time we made way for the needier others.
While existing base rates and loans linked to it will continue, new loans will be linked to the MCLR, which is likely to be lower
SBI offers reward points for various types of banking transactions.
SBI's overall gross NPA as on end-December 2013 was close to Rs 68,000 crore ( Rs 680 billion) or 5.73 per cent of its gross advances.
The development comes close on the heels of DLF's closing the Rs 325-crore (Rs 3.25-billion) deal to sell 150 MW wind turbine project in Gujarat.
Raghuram Rajan called for purposeful and effective action to counter the atmosphere of cynicism, which has slowed down the decision making process.
In the first half of the fiscal year, government had borrowed Rs 3.44 lakh crore.
Bank credit growth, still sluggish, could see a rise if the Reserve Bank of India decides to cut interest rates, believes Ashima Goyal.
The rupee's stability in the last 12 to 18 months made corporates reduce hedging
A combination of bank guarantees, letters of credit, buyer's credit for computer servers have been provided to the two local operational arms by Kotak Mahindra Bank and Deutsche Bank.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
Deccan Chronicle had taken a Rs 170-crore loan from Future Capital and Rs 100-crore loan from Tata Capital.
Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc.
Education, jobs, health and more: Experts share their wishlist.
LIC, ICICI Bank, PNB to have nominees on board; firm asked to sell non-core assets.
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SpiceJet's ex promoter Ajay Singh is trying hard to pump in huge money into the airline.
Start now, and sail through your tenure like a pro!
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.
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