“Retail brokerages may not be able to survive until they do upwards of Rs 100 cr backed by efficient technology and training,” says Rasesh Shah, Edelweiss group.
ICICI Bank, the country's second largest bank, raised $750 million in a dollar bond sale at a coupon of 4.80%.
Top global banks such as Citigroup, Hong Kong and Shanghai Banking Corp and Deutsche Bank may not rush to set up an Indian subsidiary.
Ajay Mahajan is drafting a business strategy that will shape IDFC's plan in diversifying beyond funding roads and power plants.
Banks have not seen significant delinquencies in home loans yet. For Bank of Baroda, delinquencies are less than 2% of its home loan portfolio.
Lenders to the troubled Deccan Chronicle Holdings are unable to recover dues of more than Rs 5,000 crore due to a dispute over the company’s publishing titles.
Nachiket Mor will wear the hat of a jury in two key panels constituted by Raghuram Rajan.
The move was planned in Hyderabad, where top 40 executives drew out a 2020 people’s agenda to look at the second level & develop a pipeline of talent.
ING which also has to bolster capital to meet Basel III regulations, may get at least $600 million at current market prices, or even more for the stake.
If gold import remains subdued, then $70 billion CAD will be met. Some $15 billion to $20 billion will come between FCNR.
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