There were 11 small MFIs with a GLP of less than Rs 100 crore, 19 entities with a GLP of Rs 100-500 crore, and 21 large players with Rs 500 crore portfolio.
Solapur is known for handloom and powerloom weaving industry providing employment to a large number of workers.There are around 6000 powerloom industries operational in the district.
Size and composition of central bank's balance sheet have unavoidable fiscal implications: Willem H Buiter
The Treasury is the beneficial owner of the central bank, it makes sense to consolidate the single-period (instantaneous) budget identities, balance sheets.
The regulator said that a bank would become a likely candidate for resolution through tools like amalgamation, reconstruction and winding up in times of acute stress like falling of capital below this most risky threshold.
McKinsey & Co pegged the size of India’s capital market at $140 billion but termed India’s ability to funding at scale as moderate with shallow pricing efficiency.
IRDA does not allow insurance companies to sell complex products like unit-linked insurance plans and deferred annuity plans through this channel.
India Ratings was without a CEO after Atul Joshi left the company in January 2016. Rajesh Patel, the chief operating officer, was officiating as CEO in this interim period.
It said that about 92% of credit card holders often pay a greater amount than the minimum due, following its survey of 1,100 consumers across eight metro cities.
LeapFrog Emerging Consumer Fund III, a 10-year closed-end private equity fund that focus on the emerging consumer.
The central bank raises reverse repo rate by 25 basis points to 6%, a measure to reward banks for parking excess fund with it.
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