Hotel Leela plans to cut down debt substantially in FY14

Tags: RBI, Reserve Bank of India, Cobrapost, sting operations , Finance Ministry, FinMin, HDFC Bank, Axis Bank, ICICI Bank, State Bank of India, Punjab National Bank, Bank of Baroda, Canara Bank, IDBI Bank, Yes Bank, SBI, PNB, BoB, Saikat Das, RBI ...

The Reserve Bank of India (RBI) has proposed a review of all banking licences from the fit and proper angle, following the allegations made by Cobrapost. In a report to the department of financial services in the finance ministry, RBI has said all ...

Unconfirmed reports indicate that the union finance ministry opposes the proposal of India Port to foray into banking venture. Officials of the finance ministry raised doubt about the ability of India Post to conduct banking business. It may be ...

Finance Minister P Chidambaram with ADB President Takehiko Nakao at the India Day event in Greater Noida on Friday | PTI Union Finance Minister P Chidambaram reacted to the lowering of rates by the Reserve Bank and said that easing of inflation ...

Representatives from the Finance and Corporate Affairs Ministries, Reserve Bank of India (RBI) and Securities and Exchange Board of India (Sebi) will be members of the inter- ministerial group (IMG). The IMG has been set up through the Department of ...

After inflation fell below 6% in March, folks who care about such things became convinced that the Reserve Bank of India (RBI) would cut policy rates in May. They were correct: on Friday, the RBI cut the rate at which it lends to banks by 0.25%.

The Reserve Bank of India (RBI) has more or less destroyed one good business for banks. The 2013-14 monetary policy, announced last Friday, makes two major changes in respect to gold imports that will shrink banks' profits from this metal. This ...

Officials from the finance ministry and Reserve Bank of India (RBI) are likely to meet this week to consider relaxing norms for

The finance ministry and the Reserve Bank of India (RBI) appeal to public sector banks for taking stringent action on willful defaulters and emphasizing that companies should not take undue advantage of corporate debt restructuring, seems to have fallen on ...