Banking & Finance

But everything is not hunky dory, report. Recent reforms have put India in a position to achieve faster and sustainable growth over the next few years, but policymakers face challenges in handling non-performing loans and reviving private investments. This is...

Retail investors gave good response to offer. The Government of India has disinvested 6.83% of paid up equity in Hindustan Copper Limited through Offer for Sale (OFS), aiming to collect Rs.400 crore. The trading took place on 2nd and 3rd...

Basel III pressures on working capital. Reserves Bank of India. India's public sector banks will need substantial capital to make large haircuts on loans to unviable stressed projects and to meet rising Basel III requirements, according to a reported by...

Jaitley sees inherent value in impaired assets. Minister Jaitley addressing the Industrialists and Heads of various Chambers, in Chennai on 30 July 2017. The Insolvency and Bankruptcy Code (IBC) framework and Government’s emphasis on resolution represent a unique opportunity for...

Strong Govt support needed for mindset change. A Government Committee for establishing institutional system of arbitration would soon submit its report recommending changes in the system and law, said a retired Judge. “But arbitration in India would only change when...

Each startup to get credit guarantee of Rs.500 lakhs. Government is formulating a Credit Guarantee Scheme for Startups (CGSS) with a corpus contribution of Rs.2,000 crores, enabling Startups to raise loans without any collateral for their business purposes, said Commerce...

Highlights of financing issues. Thirty-one national highways projects have reached financial closure over the last three years amidst challenging financing environment, said Minister of State for Road Transportation and Highways Pon. Radhakrishnan in a written reply to a question in...

Qatar bank will offer a range of financial services. QNB, Qatar National Bank, Group, the largest financial institution in the Middle East and Africa, has recently commenced operations from Mumbai, offering a full spectrum of banking products and services to...

SBI expands to project and facility management.   State Bank of India (SBI) has formed a wholly owned subsidiary “SBI Infra Management Solutions Pvt. Ltd.” for providing real estate services to them. The role of the subsidiary is envisaged as...

New regulations to ensure a level playing field. Enigma project. The Tamil Nadu residential real estate sector is all set to experience a tide of changes following the introduction of the regulation and development rules, Colliers International Group Inc said...