Many banks believed lending to individuals is risk-free given they are better placed with credit scores. But the recent slowdown and vanishing jobs are upending the belief.
Many banks believed lending to individuals is risk-free given they are better placed with credit scores. But the recent slowdown and vanishing jobs are upending the belief.
But approvals yet to come from four of the five consumer states of the Mundra plant
Move to help avoid concentration of acreage in hands of only a few companies.
IndiGo cofounder stands by the issues he has taken up with Sebi, other regulatory authorities.
On Monday, Pfizer and Mylan announced that as per the Reverse Morris Trust transaction, each Mylan share would be converted into one share of the new company.
SBI Cards says it’s the second-largest credit card issuer with a customer base of over 8.7 million people in India.
Promoter entity Ryka Commercial sells 11.6 million shares of Future Lifestyle Fashion in a secondary market transaction.
Plans to start range of financial services, unveil home broadband pricing.
The automobile sector -- which contributes half of India’s manufacturing output -- is shrinking as stressed shadow banks prioritize survival above lending growth.
Private bank chief says no rescue act needed; liquidity crisis shows NBFCs’ key role in driving demand.
3 PSBs and 2 private lenders plan to raise up to Rs 62,000 crore in growth capital.
Corporate humour: Ad world takes a shining to JW Marriott’s fruit bill to Rahul Bose, posting a slew of tongue-in-cheek ads on social media.
Banks are traditionally cheaper sources of capital, but their credit checks tend to be more rigorous. So, most newage lenders source funds from larger traditional NBFCs.
While women intake at six top IIMs averaged 33.5%, they outnumbered men at two newer institutes.
Doomed discounts: Weak sentiment, slowdown keep consumers at bay
The investment is in line with ASK PIA’s strategy of providing controlled capital to projects to ensure project execution.
The GSP refers to a trade program proving benefits to developing-world exports to the US.
The issue will raise around $15 million and is expected to gradually increase the size.
Enerfra was the lowest bidder in the auctions. The second-lowest winners Powerica Ltd. and Vena Energy agreed to match the lowest bid.
Government calls UGC meet on August 9 to shortlist and rank institutes.
