In alignment with the 'Make in India' efforts of the government, the product aims to provide working capital funding to manufacturers and their vendors in competitive pricing and faster turnaround time
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The new joint venture will combine Dhruva's tax structuring expertise and Sanghai's experience in executing complex mergers and acquisitions
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Currently, Bajaj Finance retail deposit constitutes of around 10 per cent of overall borrowing and in the coming years, this number is expected to rise significantly
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To bring back investments, the fundamentals of project financing will have to change. Projects will have to be much more completely tied-up before they get funded
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BOI said customers maintaining savings bank balance up to Rs 50 lakh will get 3.5 per cent while those maintaining above Rs 50 lakh will continue to earn an interest of 4 per cent per annum
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The reigning deity on the banking turf was the State Bank of India or “Big Daddy” as the financial markets referred to it; others of adipose-laden ilk also had a free run
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The ESOPs comprise of 9, 21,000 shares of Reliance Capital plus shares / Phantom Shares of operating subsidiaries and associates
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Finance Minister Arun Jaitley is due to brief media on the outcome of the cabinet meeting at 1500 IST (0930 GMT), a government spokesman said, without giving details
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