Banking & Finance

Call for regime to check on defaulters The Insolvency and Bankruptcy Board (IBBI) has sought for special regulatory regime for Public Private Partnerships (PPP), said Dr. Mukulita Vijayawargiya, Whole Time Member, IBBI. She was speaking in New Delhi 15 Dec...

Banks seek Credit Guarantee Fund for agri sector Jaitley at the 7th Pre-Budget Consultations Meeting. Finance and Corporate Affairs Minister Arun Jaitley said the Central Government has decided to take a massive step to recapitalize the Public Sector Banks (PSBs)...

Momentum of infra development must be kept going Jaitley addressing FICCI on 14 Dec 2017. Finance Minister Arun Jaitley has outlined the imperative need to complete the task of strengthening the banks through capitalization to enable them to lend to...

Strengthening of National and State institutions   India has signed a US$250 million loan agreement with World Bank for “Skills Acquisition and Knowledge Awareness for Livelihood Promotion” (SANKALP) Project. A Financing Agreement for IBRD loan was signed on 13 Dec...

AIIB hopes to deepen cooperation with India India is central to delivering on the China-backed Asian Infrastructure Investment Bank’s (AIIB) mandate to support the sustainable economic development of Asia through investment in infrastructure. In view of this, the AIIB looks...

Bids for 3,500-km of projects expected this month Banks and financial institutions are now showing keen interest in Hybrid Annuity Mode (HAM) for funding highway projects in India, undertaken by the National Highway Authority of India (NHAI). Financial closure of...

Demonetization and GST to normalise Japanese banking group Nomura is bullish on India and expects a strong 7.5% gross domestic product growth in 2018 disruption caused by demonetization and goods and services tax (GST) normalizes. The risk, it says, is...

Singapore bank works on multi-channel strategy for India       What provides better shade, warmth, freshness and protection - a rose plant or the entrenched oak? Deeper the better, one would always argue. Unless you firmly establish your roots,...

FICCI recommends tax proposals The Indian business community has called for expeditious domestic tax reforms and measures for improving the ease of doing business scenario in the country and enhance competitiveness of Indian industry. The call was made by a...

Business community seeks for tax relief Jaitley chairing the 4th meeting of Pre-Budget Consultations with stakeholders groups from Social Sector in connection with the forthcoming Union Budget 2018-19, in New Delhi on 6 December 2017. Finance Minister Arun Jaitley has...