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Sahara's Grosvenor House put on sale by Bank of China; may fetch Rs 5,000 cr

Mar 03, 2015

Sahara's Grosvenor House put on sale by Bank of China; may fetch Rs 5,000 cr

In fresh troubles for crisis-hit Sahara, its over Rs 5,000-crore worth Grosvenor House hotel has been put on sale by the lender Bank of China after a default, which the group attributed to certain "technical breaches". #World #India #Supreme Court #SEBI #Subrata Roy #Sahara #Bank of China #Grosvenor House
Banks Board Bureau to be set up in four months: Finmin

Mar 03, 2015

Banks Board Bureau to be set up in four months: Finmin

Last week, Finance Minister Arun Jaitley in his Budget speech had announced setting up the autonomous Banks Board Bureau for helping lenders raise capital for meeting expansion needs. #Economy #ThisisNext #Narendra Modi #SBI #Arun Jaitley #IDBI Bank #Basel III #Bhartiya Mahila Bank #department of financial services #Hasmukh Adhia #Gyan Sangam #Budget2015 #Economy Budget 2015 #Banks Board Bureau #Bank Investment Committee
Budget 2015: Draconian black money law won't work without one-time amnesty

Mar 02, 2015

Budget 2015: Draconian black money law won't work without one-time amnesty

The budget proposes tough - even draconian - laws to go after black money holders. But it may achieve little without also offering a one-time amnesty scheme so that the taxman can say "you were given a chance to come clean" #Arun Jaitley #Anti-money laundering #Black Money Amnesty Scheme #budget 2015 #Union Budget 2015 #Budget2015 #Illegal Wealth in Swiss Banks
Budget 2015: Jaitley adds sparkle to gold, encourages buying and selling of yellow metal

Mar 01, 2015

Budget 2015: Jaitley adds sparkle to gold, encourages buying and selling of yellow metal

Finance minister announces gold monetisation scheme and a sovereign gold bond apart from steps to boost recycling of the metal. #Gold #Reserve Bank of India #Budget #budget 2015 #Finance Budget 2015 #gold monetisation scheme #gold bond
Union Budget 2015: Jaitley brings cheer for banks and NBFCs

Mar 01, 2015

Union Budget 2015: Jaitley brings cheer for banks and NBFCs

Finance Minister Arun Jaitley on Saturday announced a slew of measures which experts said would help energise the banking system further, power recovery of loans and streamline decision-making. #RBI #Arun Jaitley #NBFC #PJ Nayak Committee #budget 2015 #Finance Budget 2015 #Banking Budget 2015 #Aditya Birla Finance #Sarfaesi Act #Bank Board Bureau

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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
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