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Stopped investor meetings, yet to even use SoftBank funds: Snapdeal

Mar 31, 2015

Stopped investor meetings, yet to even use SoftBank funds: Snapdeal

He emphasised that Snapdeal is well funded for the next "couple of years" before throwing a bomb shell: "We have not even touched the SoftBank money till now....we don't have to raise capital because its fashionable....we have stopped taking investor meetings for now". #Narendra Modi #SBI #Alibaba #SoftBank #Snapdeal #Exclusively.in #GoJavas
We don't have to raise money just because it's fashionable, says Snapdeal's Bahl

Mar 31, 2015

We don't have to raise money just because it's fashionable, says Snapdeal's Bahl

E-commerce company Snapdeal.com is not looking to raise money immediately and is well capitalised for the next couple of years #E-Commerce #SoftBank #Snapdeal #Kunal Bahl
Banks' coporate exposure: RBI's caution may further squeeze cash-strapped infra firms

Mar 31, 2015

Banks' coporate exposure: RBI's caution may further squeeze cash-strapped infra firms

If someone stands to lose something from the overcautious approach of the central bank, it will be infra companies, which will then have fewer funding options left to tap #RBI #SBI #NPA #public sector banks #infrastructure financing #corporate loan exposure #group exposure #Tier-I capital
Sensex soars 517 points, logs biggest gain in over two months

Mar 30, 2015

Sensex soars 517 points, logs biggest gain in over two months

Among the 30 BSE barometer shares, 26 ended in the positive territory with the shares of Bharti Airtel emerging as the best performer at 3.55 percent, followed by HDFC Bank at 3.52 percent. #Sensex #Bharti Airtel #coal india #ICICI Bank #ONGC #SBI #BSE #Axis Bank #HDFC Bank #BHEL #L&T #ITC #Hero MotoCorp #MarketClose
State of bad loans pathetic; recovery difficult even with economic revival, warns Arcil

Mar 30, 2015

State of bad loans pathetic; recovery difficult even with economic revival, warns Arcil

In an interview with Firstpost, P Rudran, Managing Director and CEO of Asset Reconstruction Company (India) Ltd (ARCIL), the largest ARC of stressed assets in the country, said the state of bad loans in the countrys banking system looks pathetic at this stage with erosion in the value of such assets #Banks #Banking #bad loans #non performing assets

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Banking licences: Were Tatas hoping to change the rules mid way?

Nov 28, 2013

Banking licences: Were Tatas hoping to change the rules mid way?

Many corporate were hoping for relaxation of RBI rules for a couple of years, and when they realized RBI is not going to relax any norms, some of them are now backing out #RBI #Tata Sons #Tata #Banking Licences
When it comes to financial sector, India is way ahead of China

Nov 18, 2013

When it comes to financial sector, India is way ahead of China

The banking system in India is well regulated and banks' reporting standards, reserve ratios and capital adequacy hold the system strong even in the face of adversities such as the global financial market collapse in 2007-08. #India #China #Banking #InMyOpinion #financial system