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About 15 results for "foreign lender rsquo"

RBI ushers in on-tap bank licence
Rediff.com

RBI ushers in on-tap bank licence

Conglomerates can hold only 10% stake; focus on NBFCs not controlled by large groups In what could be Raghuram Rajan’s last banking reform before he bows out in the first week of September, the Reserve Bank of India on Monday released the final guidelines for on-tap licensing of universal banks in the private sector, under which it ring-fenced the banking system from large industrial houses, excluding them from floating banks in the future. But conglomerates have been allowed to hold up ... Rediff.com, 3 weeks ago

SBI PO recruitment 2016: Admit cards available for download from sbi.co.in from June 22

Applicants who had applied for State Bank of India’s (SBI) Probationary Officer (PO) examinations can now download their admit from bank's official site - sbi.co.in. The link will be active on SBI's career page from June 22 to July 9. The examination ...
 DNA2 months ago
Rediff.com

Mint Road's loss is Chicago's gain

This is the first time in the RBI’s history that a governor is leaving without willing to renew his contract Barely a few days after expressing his interest to go back to academia in the long term, Raghuram Rajan has walked the talk.  Putting an end to all the speculation about his continuance in the central bank, the Reserve Bank of India (RBI) Governor on Saturday said he would not seek an extension of his three-year that ends on September 4, 2016. Instead, he said in a letter to ...
 Rediff.com2 months ago
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How Nitin Gadkari plans to make Indian roads safe and pollution-free

'Our economy will become river-oriented.' 'I strongly feel the mass rapid transport on electric is our future.' The Centre has accorded top priority for cost-effective, pollution-free transportation modes, such as waterways, which reduce logistic costs and increase road safety. Union minister of roads, highways, ports and shipping Nitin Gadkari, bottom, left, speaks to Sanjay Jog about the government’s strategy. Excerpts: What will be the government’s approach for integrated ...
 Rediff.com4 days ago
Rediff.com

An agenda for Dr Urjit Patel

The mother of all challenges is the balance sheets of banks, and the mess has to be cleared early. There is no lending happening because banks don’t have money. Banks don’t have money because most of the previous lendings are stuck. Unless Dr Urjit Patel starts clearing the balance sheets of banks, the investment cycle will not start. Unless the clog in the drain is cleared, further lending cannot happen. If further lending doesn’t happen, the investment cycle also will not ...
 Rediff.com4 days ago
Rediff.com

Sebi seeks UK's help to nail 'fund diversion' at United Spirits

Wants details of Vijay Mallya's transactions over 4 years The Securities and Exchange Board of India (Sebi) has written to a UK regulator, the Financial Conduct Authority (FCA), for information on alleged fund diversion by Vijay Mallya and his associate companies from United Spirits Limited (USL). In July, Diageo-controlled USL had said an inquiry against Mallya, former chairman, and his companies had revealed Rs 1,225 crore (Rs 12.25 billion) of fund diversion. Market regulator Sebi is probing ...
 Rediff.com1 week ago
Rediff.com

Markets end higher led by SBI; Sensex up 293 points

SBI was the top gainer after it reported lower-than-expected rise in bad loans Benchmark share indices rose for the second straight day with state-owned banks gaining the most led by State Bank of India after it reported lower-than-expected rise in bad loans. The S&P BSE Sensex ended up 293 points at 28,152 and the Nifty50 settled 80 points higher at 8,672. In the broader market, the BSE Midcap and Smallcap indices ended up 0.2%-0.8% each. Market breadth ended weak with 1406 losers and ...
 Rediff.com2 weeks ago
Rediff.com

Volatile markets end flat ahead of Fed outcome, July F&O expiry

Benchmark share indices ended flat after hitting 15-month highs intra-day as investors turned cautious ahead of the US Fed meet outcome later today and expiry of July derivative contracts on Thursday. The S&P BSE Sensex closed 48 points higher at 28,024 and the Nifty50 settled 25 points higher at 8,616. In the broader markets, the BSE Midcap and Smallcap indices ended up 0.5%-0.6%. Market breadth ended weak with 1346 losers and 1318 gainers on the BSE. "The Market tried to regain some of ...
 Rediff.com1 month ago
Rediff.com

Sensex hits 28K; Nifty ends at 52-week high on GST hopes

The Nifty ended at 52-week closing high led by banks after a meeting of G20 finance ministers came to a consensus to support global growth amid growing uncertainty post the Britain's exit from the European Union. State-owned oil firms gained on the back of government's plans to merge all into a single behemoth. The S&P BSE Sensex settled 292 points higher to close at 28,095 and the Nifty50 ended up 94 points at 8,636. In the broader market, the BSE Midcap and Smallcap indices ended up 1% ...
 Rediff.com1 month ago Nifty ends at 8-month closing high on F&O expiry  Rediff.com1 month ago
Rediff.com

Sensex ends 205 points lower; Nifty holds 8,500

  Markets slipped in late trades, amid weak European cues, as investors booked profits after recent gains while the uncertainty over the passage of the GST Bill continued to weigh on investor sentiment. The S&P BSE Sensex ended down 205 points at 27,710 and the Nifty settled 56 points lower at 8,510. In the broader market, BSE Midcap and Smallcap indices ended down over 0.1% each. Market breadth was negative with 1584 losers and 1100 gainers on the BSE. "The Nifty is likely to remain ...
 Rediff.com1 month ago
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