The government today cut the long-term capital gain tax from 20 per cent to 10 per cent on investments made by private equity funds into shares of unlisted companies. "In
The Reserve Bank of India (RBI) has prescribed measures to ensure better quality capital for banks under the Basel III capital regulation. Final guidelines issued by RBI on Wednesday
The government today said it will infuse about Rs 15,500 rpt Rs 15,500 crore in the public sector banks during the current fiscal to enhance their financial strength.
"I understand
A consortium of lenders led by State Bank of India (SBI) will soon take a call on providing the working capital to cash-strapped Kingfisher Airlines.
According to sources, the airline
Return on capital may slide, says RBI
State Bank of India (SBI) the country’s largest lender has received finance ministry approval for a capital infusion of Rs. 6 000-8 000 crore ($1
State-owned Corporation Bank has sought Rs 300 crore capital support from the government to fund business growth.
"We have requested capital infusion they (the government) will consider it when
There is no need for India to introduce capital controls on portfolio flows and foreign direct investment levels are not very volatile, a top Indian policy maker said on Wednesday.
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