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Delhi power tariff hike a win-win for banks and power cos
A rise in tariffs will not only help distribution companies recover a significant portion of their assets but will also improve the asset quality of banks who have a large exposure to the power sector. #Tata Power #electricity tariff #IDBI Bank Limited #CNBCTV18Exclusive #power distributors
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Nifty hovers near crucial 5150 level, Cipla gains on upgrade
Market continued to extend losses in line with the fall in Asian markets. The Sensex, the barometer of the Indian economy, was down 110 points to 17,042 or 0.65 percent lower, up 22 points from the day's low and off 110 points off from the day's high. #BSE Sensex #Reliance Industries #Sun Pharma #BSE #Tata Power #Cipla #BHEL #MarketWatch #IDBI Bank Limited #Sun Pharmaceuticals Industries Ltd
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Govt to infuse Rs 810 crore in IDBI Bank
Government of India had decided to infuse capital funds to the tune of Rs 810 crore by way of preferential allotment of equity in IDBI Bank. #Life Insurance Corporation #New Delhi #NewsTracker #IDBI Bank #IDBI Bank Limited
Wire
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Rediff
Transfer your credit card balance to manage DEBT
Important points to remember when you think of transferring your credit card balance. Subash Agarwal, IT professional had unwitting managed to rack up a credit card bill of Rs 1.10 lacs a few months ago. He was unable the pay the amount in full at that t #India #Canara Bank #HDFC Bank Limited
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Rediff
Have you protected your credit card against fraud?
If not, then do it now. Buy a credit protection plan. Depending on the plan you buy such programmes protect you for up to a maximum of Rs 25 lakh in the event of misuse. For Gajendra Vora (name changed) having four credit cards on him is an unnerving bur #India #Canara Bank #HDFC Bank Limited
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Economic Times
NSE to launch debt trading platform on May 13
MUMBAI: Leading bourse National Stock Exchange (NSE) will launch a separate debt trading platform on May 13 where it will list nearly 400 securities for retail and institutional investors. In a circular, NSE said that a total of 22 securities would be av #State Bank of India Group #ICICI Bank Limited




