The bank said its credit committee, and investment and raising capital committee has authorised the opening of the qualified institutional placement (QIP) of shares.
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RBI Governor Urjit Patel had argued for avoiding "premature policy action" and waiting for more inflation data at the meeting of the interest rate setting panel earlier this month
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Mutual Funds are meant to be "hands off" investment avenues. It's best to pick good funds based on minimal but critical information points, and let the Fund Managers do the rest
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The Securities and Exchange Board of India (SEBI) on Wednesday tightened regulations on offshore derivatives by increasing fees and banning the sales of certain products, while at the same time easing registration rules for foreign portfolio investors
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Banks' credit growth grew at 6.02 per cent to Rs 76,58,212 crore in the fortnight ended June 9 from Rs 72,22,939 crore in the same period of fiscal 2016, according to the data released by RBI
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India allowed banks and post offices to exchange old, big bank notes, which are no longer in circulation, with the Reserve Bank of India (RBI) in a month
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Subhrajit Mukhopadhyay, Chief & Appointed Actuary, Edelweiss Tokio Life Insurance speaks with BW Businessworld on the unique challenges facing actuaries, the role of foreign partners in insurance JV's, and the evolution of actuarial science as a career option in India
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Going down the unadvised route can prove costly for Mutual Fund investors, by way of poor investment decisions and poor fund choices
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