Governor Rajan stressed on the benefits over a medium-term.
NBFCs which have not met Sebi criteria will face tough action.
The banks also wanted disclosure of assets of Mallya's other close relatives and former relatives, including his ex-wife, which was objected by his counsel.
The company also expects to benefit in its proposed banking foray through partnership with Japan's Sumitomo Mitsui Trust Bank and Nippon Life Insurance
Out of the ten prime plots purchased by this joint venture, Delta Corp East Africa Limited (in which RIL holds 58.8 per cent stake) has completed construction of at least one low-cost residential complex
Today, it holds $131 billion in assets under management.
Five out of the top 10 companies in Fortune 500 list of Indian companies are from the oil sector.
Over 700,000 new investor accounts have been opened so far in FY15.
India's aggregate NPA as a percentage of GDP is far lower than that in Italy, Greece.
Non-performing loans in the Chinese banking system stood at RMB 1.27 trillion at the end of 2015.
Sources said many individual investors were interested in applying for the NFO, due to additional benefits being offered such as upfront discounts and loyalty bonuses.
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The benchmark has gained 2 per cent this week on continued hopes the incoming Narendra Modi government would unveil substantial economic reforms.
Between April 2 and July 8 this fiscal, the rupee has plummeted by 12.81 per cent, and hit all-time low of 61.21 per cent on Monday.
The bank's profit is buoyed by robust growth in its commercial banking and mortgage businesses.
Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this
A charitable organisation supporting a cause close to the investor's heart can also be a nominee.
The total money of Indians fell by 45 per cent during 2016 to CHF 675.75 million, marking the biggest ever yearly decline in such funds.
Measured by returns in 2013, the top 10 funds had only three from large houses; nimble strategy could be a factor.
Asset managers are betting big on ETFs these days.
The details Mallya filed earlier in his disclosure statement about his foreign properties do not have reference of cash in hand or bank details
Public investment is very crucial for GDP growth, says finance ministry.
Food and fuel are two perennial areas of concern.
Non-performing assets of banks have been on the rise for past several months due to slowdown in the economy.
This is the lowest amount of funds held by Indians in the Swiss banks ever since the Alpine nation began making the data public in 1997.
This is the 2nd lowest amount of funds held by Indians.
In last few years, a number of global players have exited the Indian mutual fund business.
An obscure Indian bank has been an unlikely beneficiary of Western sanctions against Iran, handling billions of dollars from frozen oil payments that boosted its interest margins, but is now having to prepare itself for life after the windfall.
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
Mallya is a fugitive from justice in India, Attorney General Mukul Rohatgi told the Supreme Court.
The need to allow government shareholding in public sector banks to come down below 51 per cent
Financial planning tips for the salaried in their 20s
With a middle class still so small and no apparent leaps in productivity on the farm or in manufacturing on the horizon, India faces its own age of diminished expectations.
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
Earning returns from an asset lying idle can be a good option in times of volatility.
Parekh ensures that he never forgets the importance of correctness.
The question we must ask is how do politicians get that wealth disclosed in the affidavits, says Mahesh Vijapurkar.
His plan revolves around new products, a renewed thrust on exports and some serious cost savings
The Budget sets out a comprehensive vision.
The list of candidates contesting elections in the current round of assembly polls shows that not much has changed with regard to political parties' approach to candidates with a criminal track record. A K Bhattacharya explains
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