NCLAT reserves order on RoC plea in Tata-Mistry case, judgement likely on Monday
During the proceedings, the Ministry of Corporate Affairs said that it was discharging its duty and has not committed any illegality in conversion of Tata Sons from public company to a private company. On Thursday, NCLAT had asked clarification specifics of paid-up capital requirement for the same.
New order inflows for construction sector to improve in 2020: Icra
As the government plans to more than double the investment in the infrastr...
Mukesh Trends Life Style files papers for IPO
According to market sources, the IPO issue size will be approximately between Rs 70 and 90 cror...
Indiabulls, Lakshmi Vilas deal in limbo with RBI yet to take a call
RBI has allowed Indiabulls to invest Rs 250 crore in bonds to be issued by LVB.
Revival in consumption demand and investment high priority areas for FY20: RBI
Global central banks are gearing up to become accommodative, with reductions in policy rates.
PSBs consolidation building block for USD 5 trillion economy: Finance Secretary
The consolidation will help create strong and globally competitive banks with economies of scale and enable realisation of wide-ranging synergies, Rajiv Kumar has said.
Ceat lowers capex for FY20 by 20%
As against the plan of investing Rs 1400 crore this financial year, Ceat will be investing Rs 1100 crore.
1,650% surge in 5 years & counting: Analysts betting on this smallcap to deliver more
In last five years, the company’s profit has grown at a CAGR of 73 per cent.
MFIs making capital of new business models, need less funds
The cost of funds for MFIs may remain at elevated levels until systemic liquidity improves.
Capital need of microfinance firms to shrink ahead: ICRA
Several smaller microfinance institutions or MFIs have started working as business correspondents – partly or fully.
Capital requirement of PSBs to shrink to Rs 25,000 crore in FY20: Moody's
The recent capital infusion will improve solvency of banks, but not fully resolve legacy problem loans, Moody's said.
Govt mulls capital infusion into regional rural banks
The amount is expected to fund the govt’s new pension scheme
View: McFinance and the importance of controls
As we understand, efficiency and standardisation are at the core of McDonaldisation.
Provision coverage ratio of PSU banks on the rise, crosses 66%
The provision coverage ratio (PCR) gives an indication of the provision made against bad loans from the profit generated. Higher the PCR, lower is the unexposed part of the bad debts.
RBI backs higher capital norms, need for prompt corrective action
RBI said the banking system has a high level of NPAs that aren’t provided for in relation to capital levels.
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