Your browser does not support JavaScript or it may be disabled!
rediff.com
 India As It Happens
Rediff Labs will showcase innovative products that rediff is working on behind the scenes.
News   |   Images
NEWS ON MOBILE
Get Realtime News
on your webpage

About 13 results for "foreign lender rsquo"

Banks' deposit base to take Rs 1.5-2 lakh cr hit
Rediff.com

Banks' deposit base to take Rs 1.5-2 lakh cr hit

2013 foreign currency non-resident deposits to mature in Sep-Nov Indian banks are staring at a deposit erosion of Rs 1.5-2 lakh crore between September and November as foreign currency non-resident deposits (FCNR) mobilised in 2013 mature around that time. This could result in an acute liquidity shortage and a possible de-growth of balance sheets. At the deposit growth rate now, banks mobilise roughly Rs 2.4 lakh crore of deposits in three months. To maintain the same growth, banks will have ... Rediff.com, 1 month ago
Rediff.com

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

India’s five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles Bangalore: Liquor baron Vijay Mallya (60) and his Rs 7,000-crore (Rs 70 billion) default occupy headlines, but there are 5,275 other “wilful defaulters” - together, they owe India’s banks Rs 56,521 crore ($83.9 billion), according to the Credit Information Bureau ...
 Rediff.com2 months ago
Rediff.com

Sensex posts best gain in nearly 3 months on better monsoon forecast

  Benchmark indices ended over 2% higher, extending gains for second straight day amid a broad-based rally led by index heavyweights, capital goods and bank shares while firm global cues, rise in oil prices and above normal monsoon predictions also aided the upmove. The rally on the bourses was further supported after a foreign brokerage upgraded the Indian equity market to 'overweight' from 'equalweight'. The S&P BSE Sensex rose 576 points to end at 25,881, its one month closing high ...
 Rediff.com2 days ago Sensex, Nifty jump over 1%; post third weekly gain  Rediff.com2 months ago Markets end flat after Fed-led rally loses steam  Rediff.com2 months ago
Rediff.com

Anshuman Jain backs a new venture in India

Born in Jaipur, Anshuman Jain became the co-head of Deutsche Bank in 2012 along with Juergen Fitschen. The formation of yet another non-banking finance company in India could hardly be an exciting piece of news, but when it is backed by Anshuman Jain, the maverick India-born former co-CEO of one of Europe’s oldest and most venerable bank, it is bound to attract attention. So, when the news came that the 53-year-old former chief of Deutsche Bank is investing in a new NBFC floated by ...
 Rediff.com2 weeks ago
Rediff.com

India ranks ninth in crony-capitalism index: The Economist

The study claims that from its peak of 18 per cent of gross domestic product in 2008, the crony capitalists' wealth is now down to three per cent With the government taking several measures to clean up the system, the wealth of “crony capitalists” in the country has dipped, according to a study by The Economist. The study claims that from its peak of 18 per cent of gross domestic product (GDP) in 2008, the crony capitalists’ wealth is now down to three per cent. Its index on ...
 Rediff.com2 weeks ago
Rediff.com

'We need good monsoon for the markets to improve'

'The Indian market is in a good position right now, with a cyclical upturn underway in the economy.' 'The government has done a good job and marshalled its resources well.' 'Ease of doing business, although needed for the economy, is not necessarily a positive for the market.' Samir Arora, below, left, founder and fund manager, Helios Capital, tells Puneet Wadhwa that in the emerging markets, India will be a much better investment option for investors looking at secular and higher-quality ...
 Rediff.com3 weeks ago
Rediff.com

Markets settle at CY 2016 high; Fed outcome, April expiry eyed

  Sensex and Nifty finished the session at 2016 closing high on sustained buying interest amid rise in crude oil prices and appreciating rupee. Meanwhile, investors are keenly awaiting policy decision from the US Federal Reserve later today and the expiry of April derivative contracts on Thursday. The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points to close at 7,980. Chandan Taparia, Derivative Analyst at Anand Rathi says “Nifty levels is ...
 Rediff.com1 month ago
Rediff.com

SC directs Mallya to furnish details of all assets

The Supreme Court on Tuesday directed Vijay Mallya and family members to furnish details of all assets in India and abroad to the banks in a sealed cover. The Supreme Court on Tuesday dismissed beleaguered Vijay Mallya's prayer for protection from disclosure of his assets and those of his family, in India and abroad, to Kingfisher Airlines' lenders, saying "no tangible" grounds have been raised to maintain secrecy of information. "We don't find any tangible objection in disclosing ...
 Rediff.com1 month ago
Rediff.com

StanChart looks to shed $1.4-billion loans in India

  Standard Chartered is looking to shed stressed loans worth $1.4 billion (Rs 9,284 crore) made to Indian firms, including the GMR group, to revamp its asset book. According to Bloomberg, the bank is seeking to sell at least $4.4 billion of assets in Asia as it pares its balance sheet after booking record impairments. Assets that are on the block include loans, proprietary bond and equity investments in China, Indonesia and Malaysia. Chief Executive Officer Bill Winters has pledged to ...
 Rediff.com1 month ago
Rediff.com

Markets end in red dragged by heavyweights; HDFC dips 3%

Benchmark shares indices ended lower on Thursday as investors booked profits ahead of the fourth quarter earnings dragged by index heavyweights with HDFC declining the most. The S&P BSE Sensex ended down 215 points at 24,685 and the Nifty50 settled 68 points lower at 7,546. In the broader market, the BSE Midcap and Smallcap indices ended with marginal losses. Market breadth ended weak with 1337 losers and 1148 gainers on the BSE. "Profit booking is seen at higher levels and foreign ...
 Rediff.com1 month ago
Prev | Next
Personalize your Realtimeclose [x]
Add content to your personalized tab - My News
Add upto 6 topics of your interest:
for eg.2g Scam , World
1.
2.
3.
4.
5.
6.
Personalize the tabs display. ( You can add or remove the tabs )
AlertsGet updates on latest news & your favourite topics right in your inbox.Set an Alert|Manage your Alerts

Get

Realtime News

on your Webpage

Add Widget >Get your members hooked!
    
Alerts
Get updated on latest news & your favorite topics right in your inbox!
Happening by Location Click on any location on map to view latest news by location
 
More     Less