Public sector entity Dena Bank will sell 5 per cent stake to Life Insurance Company (LIC) through a preferential allotment to raise up to Rs 150 crore of capital to
Banks, saddled with rising bad debt in view of the economic slowdown, are believed to be directing a major chunk of their lending to large companies, choking credit to the small and medium enterprises (SMEs).
RBI has started a process of assessing banks' exposure to telecom companies. It has asked all banks to submit their individual exposure to the sector in particular
The Reserve Bank of India (RBI) governor D Subbarao on Wednesday proposed to the government to put a cap on the public debt. If the government “borrows and squanders
Post new comment