IDBI Bank, PNB Housing , Sicom in push to offload bad loansIDBI Bank, PNB Housing Finance and Sicom plan to sell their distressed loan books, following the example of Yes Bank and Bandhan Bank. Spec...
India corporate fundraising jumps ahead of 2H, easing yields aid: Analysts"Yields have come down after jumping in the first quarter and could rise in the second half which would see higher supply not only from the...
NaBFID to be regulated as AIFI under RBI ActThe National Bank for Financing Infrastructure and Development (NaBFID) Act, 2021, received the assent of the President on March 28, 2021. ...
IIM Ranchi completes summer placements, average stipend up by 2%The Indian Institute of Management (IIM) Ranchi today announced that it has completed summer placements for it’s management students in its...
Over 100 recruiters line up at IIM Nagpur for summer placementsThe list of prominent recruiters includes Microsoft, BNY Mellon, Doha Bank, Dalmia Bharat, United Breweries, V-Guard, Philips Carbon Black,...
Govt in talks with RBI to ensure needy NBFCs get to tap ₹30,000-cr packageThe sector, already strapped for liquidity even before the Covid-19 pandemic and the ongoing lockdown, is a key element of India’s revival ...
Stimulus 2: Why govt should think big and out of the boxExperts say there’s a case for printing money and overseas borrowing to deal with the unprecedented economic meltdown, and suggest that the...
IIM Kashipur sees highest stipend of Rs 4.6 lakhA total of 82 companies participated in the process offering 235 positions to 233 students.
NCLAT to hear government plea on IL&FS moratorium todayIf the moratorium is denied a lot of bandwidth will go into following up the cases. The court will consider the progress report and a lot d...
IL&FS crises not a Lehman moment for India: SBI Chief Rajnish KumarRajnish Kumar told ET: “This is not a ‘Lehman moment’. It is unwarranted mayhem. It is herd mentality.”
Govt makes no allocation for startup fund for next fiscalIn order to provide support to startups through Fund of Fund operations, IAF, with a corpus of Rs 2,000 crore, was launched by Finance Mini...
Snapdeal & SIDBI sign MoU to provide financial help to India’s MSMEsSnapdeal has signed a memorandum of understanding with SIDBI, which will see the state-owned financial institution join the e-commerce comp...
IDBI Bank appoints six executive directorsHowever, the bank has not yet allotted portfolios and it is also expected to promote select general managers to those vacant posts for CGMs.
SIDBI launches India Microfinance platformSIDBI launched India Microfinance Platform, a portal which gives a comprehensive information about microfinance players in the country.
IIM-L wraps up final placement processIIM-L completed its final placements with 105 cos making a total of 284 offers.
- Liquidity main problem, will act swiftly: FM
As the stock market crashed under the pressure of global meltdown and the RBI cut the CRR by one percent, Finance Minister P Chidambaram on...
- IIM Lucknow student body offers ‘consultancy’ to India Inc
IIM Lucknow’s Consulting Club has kicked off a unique initiative; AETIUS, a student-run body providing fee-based services to corporate clie...