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Indian start-ups warm up to venture debt
Tue, Jan 27 2015. 01 13 AM

Indian start-ups warm up to venture debt

Non-banking financial companies, angel investors and working capital providers are queuing up to offer loans
India Post may sell products of other insurers in rural areas
Mon, Jan 26 2015. 10 38 AM

India Post may sell products of other insurers in rural areas

The proposed Post India Insurance will start with an initial capital of Rs100 crore that will be made available by DoP
India turns to corner shops, mobile phones for banking revolution
Mon, Jan 26 2015. 10 21 AM

India turns to corner shops, mobile phones for banking revolution

The new rules would allow payments banks to offer services such as remittances and deposits, but not loans
The PKC legacy in Icra
Mon, Jan 26 2015. 02 01 AM

The PKC legacy in Icra

A rating company’s biggest challenge is to maintain its independence and Icra’s P.K. Choudhury has done that well
Banks, unions near deal on wage hikes
Mon, Jan 26 2015. 01 02 AM

Banks, unions near deal on wage hikes

Tenth round of the negotiation process—which happens every five years—is now on; IBA has indicated that it will be closed by mid-February
SBI accuses Kingfisher Airlines of diverting funds
Mon, Jan 26 2015. 12 44 AM

SBI accuses Kingfisher Airlines of diverting funds

SBI alleges that the grounded airline is paying excess rental on aircraft leased from two Mauritius-based entities whose top executives were earlier associated with Vijay Mallya’s UB Group
Lenders move high court opposing FTIL-NSEL merger
Sat, Jan 24 2015. 01 04 AM

Lenders move high court opposing FTIL-NSEL merger

Banks given 15 days to file a detailed submission on their decision to oppose the merger
SBI signs €100 mn loan pact with European Investment Bank
Sat, Jan 24 2015. 12 58 AM

SBI signs €100 mn loan pact with European Investment Bank

The loan will be utilised for lending to private businesses in India, supporting the sector’s development
India’s move towards better fiscal management key for rating agencies: S&P
Fri, Jan 23 2015. 03 15 PM

India’s move towards better fiscal management key for rating agencies: S&P

The fiscal deficit number alone would not give a true picture of the country’s fiscal consolidation, says S&P
RBI notifies govt’s new Depository Receipts Scheme
Thu, Jan 22 2015. 10 45 PM

RBI notifies govt’s new Depository Receipts Scheme

RBI states that it had made necessary changes in its FEMA regulations to adopt the new depository receipts scheme
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