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RBI tightens NBFC norms

General

11 November, 2014

RBI tightens NBFC norms

The Reserve Bank of India has revised the framework for non-banking finance companies (NBFCs), tightening rules related to minimum net ......

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Former Q Investments executive launching $300M multi-strategy fund

General

10 November, 2014

Former Q Investments executive launching $300M multi-strategy fund

Altfort Capital, an asset management firm founded by Rahul Agarwal, former India principal for a Texas-based multi-billion private investment firm, ......

ASK Group ropes in Deepak Rattan from Barclays as private wealth advisory unit COO

General

10 November, 2014

ASK Group ropes in Deepak Rattan from Barclays as private wealth advisory unit COO

Investment and wealth management firm ASK Group has appointed Deepak Rattan as chief operating officer (COO) of private wealth advisory ......

Magma Fincorp to exit gold loan business

General

10 November, 2014

Magma Fincorp to exit gold loan business

Magma Fincorp Ltd, a non-banking financial company (NBFC) backed by a clutch of private equity funds, has decided to exit ......

Oman SWF-SBI JV to raise $250M to back ventures under 'Make in India' campaign

General

14 November, 2014

Oman SWF-SBI JV to raise $250M to back ventures under 'Make in India' campaign

A joint investment fund set up by SBI and Oman's sovereign fund will raise its corpus by $250 million for ......

India's Q3 gold demand surges 39% to 225.1 tonnes: WGC

General

13 November, 2014

India's Q3 gold demand surges 39% to 225.1 tonnes: WGC

India's gold demand during July-September quarter this year shot up by 39 per cent to 225.1 tonnes against the overall ......

RBI to invite applications for small & payment banks by month-end: Rajan

General

14 November, 2014

RBI to invite applications for small & payment banks by month-end: Rajan

Reserve Bank of India will invite applications for setting up of small and payment banks -- aimed to cater to ......

India, US reach agreement on food security to end WTO impasse

General

13 November, 2014

India, US reach agreement on food security to end WTO impasse

In a major victory for India, Washington and New Delhi have resolved differences over the food stockpiling issue at the ......

Why cutting interest rate now can push up inflation again

General

13 November, 2014

Why cutting interest rate now can push up inflation again

The Reserve Bank of India kept the repo rate unchanged at 8% in its latest monetary policy review on 30th ......

Centre-states differences persist over key aspects of GST

General

11 November, 2014

Centre-states differences persist over key aspects of GST

Differences between Centre and states over some key provisions of the Goods and Services Tax remain, with the Empowered Committee ......

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