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IFC to raise $1B rupee-denominated bond to finance private sector firms in India
International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, has launched a $1 billion offshore ......
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Arundhati Bhattacharya is new SBI chief
Arundhati Bhattacharya is named chairperson of the country’s largest public sector bank, State Bank of India (SBI). She will replace ......
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RBI will issue seven banking licences, says finance minister
Finance Minister P Chidambaram has said the country’s banking regulator is expected to issue seven licences.According to reports, Chidambaram, who ......
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"We are looking at investments with an upside of three times": Ramesh Jogani of Indian Property Advisors
Ramesh Jogani, the erstwhile head of Indiareit Fund Advisors, the real estate dedicated private equity fund manager under Piramal Enterprises, ......
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Actis' Gautham Radhakrishnan joins Tata Opportunities Fund
Tata Opportunities Fund LP is roping in Gautham Radhakrishnan, a director at emerging markets private equity major Actis, said sources ......
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HDFC Bank Q2 profit up 27%, slowest quarterly growth in a decade
India's third-biggest lender by assets HDFC Bank posted its slowest quarterly profit growth in a decade due to a drop ......
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How Credit Suisse survived a painful bond surgery
In spring 2009, senior Credit Suisse executive Gal de Boissard told colleagues at a strategy meeting that as the bank ......
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Foreign banks may be allowed to acquire Indian lenders
The Indian central bank is expected to soon come out with norms allowing foreign banks to take over domestic lenders ......
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India in talks with JP Morgan, others to join bond indexes
India is talking with JP Morgan and others to gain entry to benchmark indexes for emerging market debt in hopes ......
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Sharply lower September trade gap bright spot for economy
India's trade deficit narrowed to a two-and-a-half-year low in September, raising hopes for a significant reduction in the country's gaping ......