Ajit, currently employed with Company A, is staying in a rented apartment in Mumbai and has bought himself a property in Chennai for which he has taken a home loan. He finds himself in a dilemma while

Microfinance companies in the country finally have something to cheer about. Banks have started offering loans to micro-lenders. Lending has been picking up in the last one month, according to

Noel Maye, chief executive of Financial Planning Standards Board (FPSB), USA, says the Indian attitude of "I am OK. My children will look after me" is wrong. Maye tells Masoom Gupte individuals need

State Bank of India (SBI), India's largest lender, added 81.61 billion rupees worth of bad loans during the three months to end-December 2011, chairman Pratip Chaudhuri said on Monday. In Images:

Tax planning has once again come to the fore as a subject of discussion after the Vodafone judgement. In the case of Vodafone International Holdings BV versus Union of India, the Supreme Court gave a

I 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

Adani 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

The 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

As 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

Japan 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