Factbox - Indian banks' constellation of non-core financial assets
REUTERS - India's state-run lenders, weighed down by bad loansand ... State-run Life Insurance Corp of India Ltd also owns 18.5 percent, ...Jan Dhan: Another challenge for public sector banks
The recent announcement of the financial inclusion policy that provides access to deposits, credit and insurance to everyone brings in a feeling of deja vu. ... through the seventies and eighties when we had the infamous loan melas, ... Also such grandiose schemes appear to be part of Indian psyche where ...The Morning Risk Report: Whistleblower Verdict is False Claims Act ...
In July India started collecting the new import tariff on 4G network ... The New York State's top financial regulator has requested banks to ...Muthoot ups holding in Sri Lanka's Asia Asset Finance, aims to pick ...
India's largest gold financing company Muthoot Finance Ltd has ... The total shareholding of the Kerala-based non-banking financial ... in retail finance, hire purchase & business loans through 11 branches. ... information technology, foreign exchange, insurance distribution and money transfer businesses.Shriram Transport Finance has brought credibility to itself and its ...
Through his non-banking financial company (NBFC), he lends money ... own only one or two trucks and find it difficult to get loansfrom banks. ... New India Assurance Co Ltd, a government-owned general insurance company.Don't blame Rajan: It's time the interest-rate-wallahs stopped ...
Hence, the rate of loan growth for banks has fallen much faster than the rate at ... Further, it also needs to be remembered that financialsavings in India have fallen ... small savings scheme, mutual funds, shares, insurance etc.Fuel reforms, poll results cheer markets
India Ratings said the government's decision to deregulate diesel prices will .... We worked closely with our partner banks to build a workforce that was talented ... of financial products such as credit cards, loans and insurance.Mahindra Finance Announces Audited Financial Results for the ...
The Board of Directors of Mahindra & Mahindra Financial Services Limited (Mahindra ... both in poor off-take of vehicles, tractors and repayment of loans. ... lenders by bringing in new Banks, Mutual Funds, Insurance Companies and Trusts. During this period,India Ratings and Brickworks Ratings upgraded ...Debashis Basu: A chowkidar for state banks
Public-sector banks (PSBs) dominate the Indian financial sector. ... They are the main source of loans to small businesses and large projects alike. ... Often banks arm-twist borrowers to buy some expensive insurance as an ...Social Lending Circles Help Subprime Consumers Build Credit
Giron is emerging from the financial hole he spiraled into by participating in ... “We have sort of like a mini-FDIC insurance to the lending circle,” ...
Wednesday, 22 October 2014
Finance, Insurance, Loans & Banking News - India ...
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