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About 12 results for "foreign lender rsquo"

Why home loans are set to get cheaper
Rediff.com

Why home loans are set to get cheaper

To spur war among lenders to grab existing loans Illustration: Uttam Ghosh/Rediff.com The Reserve Bank of India (RBI) on Wednesday brought in some restrictions on issuance of rupee-denominated bonds, or masala bonds, by harmonising the issuance norms on a par with those for external commercial borrowings (ECBs). Now, there will also be a cap on how much interest can be paid on these bonds. The central bank said any proposal to issue these bonds will be examined at the RBI’s foreign ... Rediff.com, 1 month ago
DNA

Despite Maha loan waiver, major infra projects not funded by govt to be on track

Notwithstanding the Rs 34,000 core crop loan waiver scheme, the Maharashtra government has projected that the implementation of a slew of development projects worth Rs 2 lakh crore across the state will be carried out smoothly. This is because these projects ...
 DNA3 weeks ago
Rediff.com

Markets end flat amid lack of major cues

The Nifty PSU Bank pared losses to end flat after falling as much as 1.05% Benchmark indices settled the day flat with Nifty50 trading near 9,650 amid lack of any strong global and domestic cues. Shares of IT companies rose following overnight rebound in US technology stocks, while banks fell after the Punjab state government waived farm loans. Gains were erased in the second half of trade as investors stayed on the sidelines after Finance Minister Arun Jaitley in a press conference today ...
 Rediff.com1 month ago
Rediff.com

Which company has the highest number of retail investors?

Anil Ambani's Reliance Power tops the table with 3.46 million shareholders An analysis of top companies in terms of number of retail shareholders throws quite a few surprises. Companies promoted by the Ambani brothers dominate the table, as five of the Reliance companies feature in the list of top seven companies with the highest number of shareholders. Anil Ambani's Reliance Power tops the table with 3.46 million shareholders, followed by Mukhesh Ambani’s Reliance Industries with 2.43 ...
 Rediff.com1 month ago
DNA

In rural banking, State Bank of India is new poster boy

"Country roads, take me home." The State Bank of India (SBI) seems to be crooning the old John Denver number. Post the merger with five associate banks and Bharatiya Mahila Bank, which came into effect on April 1, India's largest bank may have gained enough ...
 DNA1 month ago
catchnews.com

Reliance Comm crisis: Why credit ratings agencies were not caught napping

The role of the credit ratings agencies as the watchdogs of the debt and bond markets is once again in question, this time for failing to red flag the loan default of Anil Ambani-owned Reliance Communications (RCom) to its lenders. On 29 May, RCom stock fell ...
 catchnews.com1 month ago
catchnews.com

Reliance Comm gets moratorium on debt repayment, Ambani may exit wireless business

Anil Ambani's Reliance Communications on 2 June managed to get a moratorium on the company's debt repayment till December 2017. This will help put the company's finances in order by way of merger with Aircel by selling 51% stake in its tower business to ...
 catchnews.com1 month ago
Rediff.com

Air India to sell prime real estate

Proceeds may be used to partly pay off its Rs 46,570-cr debt Air India is planning to sell its properties and land parcels across the country. Civil aviation minister Ashok Gajapathi Raju met finance minister Arun Jaitley on Thursday to decide the process. Sources privy to the discussions say the idea is to sell real estate assets in cities, airport locations, and airline offices at prime locations. A consultant will be appointed to make a detailed inventory report of the assets and fix a ...
 Rediff.com1 month ago
Rediff.com

Nifty ends above 9,500 for the first time, Sensex gains over 250 points

Metal stocks were trading under pressure while IT, auto, realty stocks gained in today's deals Indian shares continued their record-setting spree, closing all-time highs for the fourth time in five sessions with the Nifty ending above 9,500 level for the first time and the Sensex firmly above 30,500. Investors remained bullish about the prospects of a good monsoon after IMD said rains are expected to arrive on the southern Kerala coast on May 30, two days ahead of the schedule. During the day, ...
 Rediff.com2 months ago
Rediff.com

Vijay Mallya: A man who knows the law too well

Mallya has lived on the edge for long enough to know that his extradition from the UK is not a given, says N Sundaresha Subramanian. Illustration: Dominic Xavier/Rediff.com   His recent arrest in London is not the first time Vijay Mallya has found himself in custody.   Thirty-two years ago, the so-called ‘King of Good Times’ was picked up for allegedly violating the draconian Foreign Exchange Regulation Act. On June 5, 1985, he was picked up at the Bangalore airport (now ...
 Rediff.com2 months ago
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