He was responding to a question on the government's push for consolidating public sector banks with an aim to create fewer and larger banks
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That is far above the $11 billion in capital infusions into state-run lenders the government has budgeted through March 2019, with $3 billion due to be injected in the 2017/18 and 2018/19 fiscal years
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From a Financial Planning standpoint, it could make sense to save systematically into more liquid, interest free Financial Assets early on in your life; aiming for a property purchase later - with a larger lump sum down payment, and frequent pre-payments to help you own the property quicker
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The scrip of IndusInd Bank soared 5.56 per cent to settle at Rs 1,790.65 on BSE. During the day, it jumped 6.26 per cent to touch its one year high of Rs 1,802.65
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Bobby Ghosh, Editor-In-Chief of the Hindustan Times has quit the organisation as he will be returning to New York for personal reasons, according to sources.
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This also marks the seventeenth straight month of inflows into equity schemes. Prior to that, such funds had witnessed a pullout of Rs 1,370 crore in March 2016
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Bajaj Allianz Life Insurance Co Ltd and Bajaj Allianz General Insurance Co Ltd came on board as new investors, Janalakshmi said
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IndusInd did not provide further details regarding the talks, including whether there was a deadline
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