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01:15 AM | August 13,2009
To make any product available to the society, we require technology, says Reserve Bank of India deputy governor K.C. Chakrabarty
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C.J. Kuncheria and Jasudha Kirpalani / Reuters 11:40 AM | July 03,2009
India needs $500 billion of investment into its roads, railways, ports and airports in the five years to 2012, the government has estimated
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PTI 03:24 PM | June 17,2009
About 12.8 million MSMEs in the country provide employment to over 42 million people and account for 45% of the country’s factory output and nearly 40% of exports
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PTI 04:43 PM | May 21,2009
Over all profitability of NBFCs in 2008-09 stood higher at 18.90% compared to commercial banks whose average profitability has been at the lower side of 10.08%, the Assocham said
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Anup Roy 12:43 AM | May 11,2009
STCI managing director P Sanyal said the firm will also focus on fee-based activities such as arranging loan syndication & selling insurance products
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Anita Bhoir 09:55 PM | February 18,2009
Under this arrangement, the RBI will purchase securities worth Rs20,000 crore issued by the SPV
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Satish John and Baiju Kalesh 10:48 PM | January 11,2009
The NBFC is exploring other avenues to raise resources; will use the money to lend to expand its loan book
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05:40 PM | December 17,2008
Their profits more than tripled while expenditure went up 45.4% and they also reported a drop in bad loans, equipment leasing
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Tamal Bandyopadhyay 11:55 PM | December 07,2008
In an interview with ‘Mint’, V. Leeladhar talks about the strength of the Indian banking system, the weaknesses of NBFCs and other issues including opening up of the sector to foreign entities
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Banker’s Trust | Tamal Bandyopadhyay 12:50 AM | November 24,2008
The banking system should lend a helping hand to tide over the crisis but they should have the freedom to price the loans
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PTI 02:08 PM | November 02,2008
He asked the government to save the crucial financial sector to save the economy
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Baiju Kalesh and Khushboo Narayan 12:32 AM | September 23,2008
The government’s letter alleges that the company had invested funds in the stock market without proper guidelines
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Anita Bhoir 07:27 PM | September 12,2008
The company, which has been docile the past two years, had reported a net profit of Rs1,00,280 in 2006-07 against a loss of Rs13,33,927 in 2005-06
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PTI 04:35 PM | September 12,2008
The RBI release said SIICL has voluntarily exited the non-banking financial business and that its certificate of registration has been cancelled as of 11 August
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A Staff Writer 08:41 PM | August 01,2008
Non-deposit-taking non-banking finance companies will now be required to maintain 12% capital adequacy by March next year and 15% by March 2010
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