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2012-02-10 01:10:00
Rupee sheds 6.7 pct in Nov; worst fall in 16 yearsI had the privilege of being able to attend a couple of investment conferences in India over the last week. One clear takeaway was that policy makers and independent observers are now reconciled to
2012-02-09 11:37:56
Adani Enterprises profits soar on coal, power, ports demandAdani Enterprises is finalising a A$1.4 billion project finance loan with a group of lenders to replace a US$2 billion bridge loan raised to buy an Australian coal terminal last year, two sources
2012-02-07 01:02:00
HDFC to not extend special housing loan schemeThe Reserve Bank of India's (RBI) latest verbal guidance to banks -not to include registration and stamp duty while arriving at the value of the house - will mean an additional hit of 5-10 per cent
2012-02-05 12:41:49
​India, Mauritius and Singapore and a not-so-holy love affairAs the financial year nears its end, there are many who are still battle the basic about paying tax. While, those who know it will soon get busy finalising their income tax returns. Many will, and do
2012-02-03 16:17:53
ICICI Bank raises benchmark lending rate by 50 bpsJapan Bank for International Cooperation and Sumitomo Mitsui Banking Corp. (SMBC) completed a $300 million loan deal for ICICI Bank JBIC said in a statement on Friday. JBIC is providing $180
2012-02-03 01:03:00
SBI Q2 net up 12.4 pct; bad loans disappointBankers are unperturbed and chose to play down concerns that their loans to telecom operators would turn non-performing following the Supreme Court's verdict on new 2G licences. The lenders claimed a
2012-02-03 01:01:00
Corporation BankCorporation Bank has treated loans to ailing private carrier Kingfisher Airlines as a non-performing asset (NPA) in the third quarter ended December 2011. Its loan exposure to Kingfisher was just a
2012-02-02 12:44:29
SBI says not likely to raise funds from abroad nowState Bank of India (SBI) the country's top lender, is not worried about loans to telecom companies, whose licences have been cancelled, going bad as they may bid again, its deputy managing director
2012-02-01 00:40:00
​Decoding the mystery behind the rupeeRahul Awasthi heaves a sigh of relief on Tuesday. He wanted to pledge his equity investments for a loan early last year. As the Sensex fell 20 per cent between January and December 2011, this 40-year
2012-01-31 14:51:45
PNB to buy 30 pct stake in MetLife IndiaState-run Punjab National Bank expects its net interest margin to be at 3.5 percent for fiscal year ending March 2012 and loan growth is likely at 18 percent on year, its Chairman K. R. Kamath
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