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Mail Today Bureau
New Delhi, February 3, 2015
Besides, Aditya Birla Nuvo Limited (ABNL)-which runs mobile operator Idea Cellular-and Kishore Biyani-promoted Future Group too applied for licences.


PTI
New Delhi, February 2, 2015
Banks should complete the action by March 31, and keep their websites updated at regular intervals, the Reserve Bank said in a notification.


Douglas Busvine and Devidutta Tripathy
New Delhi/Mumbai, February 2, 2015
Mobile operators and pre-paid wallet players are expected to lead the charge, seeking to add transaction fees to revenue streams from products such as phone minutes and bill payments.


PTI
New Delhi, February 2, 2015
Sources close to RIL said the application was not a step towards setting up of a full-fledged bank as it otherwise would have applied for a banking licence.


PTI
New Delhi, February 2, 2015
The initiative has just been piloted by SBI Caps Securities (SSL), and arm of the bank's merchant banking subsidiary SBI Caps.


PTI
Mumbai, February 2, 2015
SBI Chairperson added that by not allowing public sector banks to recruit from IITs and IIMs, it is creating a barrier and does not give them a level-playing field.


Arun Kejriwal
February 2, 2015
The Reserve Bank of India (RBI) will meet for its monetary policy review on Tuesday and is expected to maintain status quo on rates, writes Arun Kejriwal.


Ajay Modi
January 31, 2015
Owing to falling sugar prices and a mismatch between its production cost and sale price, banks have been reluctant to lend to sugar companies.


Suvashree Dey Choudhury
Mumbai, January 30, 2015
Bank executives insist they cannot lower loan rates despite the official interest rate cut because cash conditions are tight, and money markets are little changed.


PTI
New Delhi, January 30, 2015
The Minister of State for Finance also assured foreign investors that tax issues will be addressed appropriately in the next Budget.


Devidutta Tripathy
Mumbai, January 30, 2015
The bank, majority-owned by the government, says net profit reached Rs 3.3 billion in the third quarter from Rs 10.5 billion a year earlier.


Tommy Wilkes and Aman Shah
Mumbai, January 29, 2015
Only Indian companies will be allowed to bid for the projects, which will have a combined 750 megawatts (MW) capacity, a spokesperson for NTPC said on Thursday.


IANS
Thimpu, January 29, 2015
In three months, from June to September 2014, Bhutan's debt swelled to 108 per cent from 101 per cent of the GDP size.


Dipak Mondal/Money Today
February 10, 2015
Mutual funds are coming out with schemes based on government's push to manufacturing sector.


PTI
New Delhi, January 28, 2015
SBI needs adequate capital to match the anticipated growth in asset and comply with stipulated level of capital adequacy, the bank said.


Team Money Today
January 29, 2015
RBI guidelines in this regard state that banks may undertake insurance business by setting up a subsidiary or joint venture (JV).


PTI
New Delhi, January 26, 2015
The country's top industrialists split among themselves issues of concern to the two countries and spoke on relevant areas only instead of speaking on all of them.


Anilesh S Mahajan
February 5, 2015
Oil minister Dharmendra Pradhan speaks to Anilesh S Mahajan on the govt efforts to curb leakages and ensure country's energy needs are secured.


PTI
New Delhi, January 26, 2015
Cyrus Mistry of Tata Sons and David M Cote from Honeywell will co-chair the high-profile meeting. Industry captains from Indian and the US will attend the meeting.


PTI
New Delhi, January 26, 2015
The market valuation of Infosys, which emerged as one of the star performers, climbed up by Rs 11,473.24 crore to Rs 2,54,277.52 crore.


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