Mortgage lender HDFC will raise Rs 2,000 crore by issuing bonds on private placement basis to augment its long-term capital
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Listing of RGI is expected to be completed in FY18, subject to necessary approvals. RGI provides a wide range of general insurance products like fire, motor, health, home, crop, travel etc
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Owning many credit cards creates an illusion of wealth, when actually, overusing them would end up causing you to leverage your finances and drag you down
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Piyush Gupta said the bank expects to move to a subsidiary structure from the current branch structure in the country in the next six to nine months and was open to injecting more capital into the Indian business
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Beside the regular rebalancing that's warranted on each portfolio anniversary, you should ideally set up a simple checklist of 'trip wire' triggers which will signal the need to rebalance your investments
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Axis did not disclose which companies were on the list, or how many, but said it had loans to 12 of the names provided to banks by the Reserve Bank of India (RBI) on Monday (28 August)
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The rating agency said the outlook for the system is also in line with the stable outlooks for 10 of the 15 banks it rates
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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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