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 2012-05-15 01:31:00
The International Finance Corporation (IFC) plans to invest up to $75 million (around Rs 398 crore) in Dakshin, an NBFC, or its subsidiary through an equity or a quasi equity instrument.
2012-05-15 01:31:00
The volatility in the foreign exchange rate appears to be the biggest threat to India Inc's growth prospects in the coming years, say chief financial officers (CFOs) across companies in the country.
2012-05-15 01:31:00
Future Generali Life, the private life insurer promoted by the Kishore Biyani-led Future Group, has undertaken extensive restructuring since April. That has seen its workforce reduced by a third 2012-05-15 01:31:00
Infrastructure Development Finance Corporation (IDFC) is looking to grow its loan book by over 20 per cent in the current financial year, with significant business from refinancing business.
2012-05-15 01:30:00
The rupee hit a new low today as it closed at 53.96 a dollar amidst a central bank intervention aimed at preventing it from touching the 54-a-dollar level.
2012-05-14 13:20:00
 Banking shares fall after higher-than-expected inflation data dents hopes for a rate cut. The NSE's bank index falls 1.6 percent; ICICI Bank losing 0.9 percent, HDFC Bank down 1.6 percent, and2012-05-14 01:20:00
The Insurance Regulatory and Development Authority (Irda) has asked life insurers to stop selling highest net asset value (NAV)-guaranteed products.
2012-05-14 01:20:00
State Bank of India (SBI), the country’s biggest lender, eyes 50 per cent growth in home loans in 2012-13. The bank had lent Rs 2,214.30 crore in this segment in the previous fiscal in the 2012-05-14 01:20:00
 After some relief, rates on short-term debt instruments have crossed 10 per cent levels within a month as liquidity pressures have not eased despite inflows. Heavy weekly government borrowing and2012-05-13 00:10:00
With trade ties between India and Pakistan beginning to normalise, state-run Punjab National Bank (PNB) plans to go tracing its roots. The nationalised lender has shown interest in opening a branch |
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