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On Friday, the government is likely to consider 48 FDI proposals including those of HDFC Bank and Punj Lloyd. The finance ministry is likely to take a call on raising foreign direct investment (FDI) in HDFC Bank. The HDFC bank is seeking post-facto approval of an increase in the foreign investment limit in the bank
The public sector bank Central Bank of India has decided to exit home finance business as part of the Government's directive to sell non-core assets. The PSU bank has around 60 per cent stake in Cent Bank Home Finance.
The regulatory framework for non-banking finance companies (NBFCs) will have to follow stringent rules laid by the Reserve Bank of India. The NBFCs now will have to identify and make provisions for bad loans considering 90-days overdue norms.
Centrum Capital and Ramesh Jogani former head of property fund Indiareit are coming together to form a real estate private equity joint venture company, India Property Advisors (IPAL).
Government approves the Scheme for Revival of 23 unlicensed District Central Cooperative Banks (DCCBs) in four States. These are 16 in Uttar Pradesh, three in Jammu & Kashmir, three in Maharashtra and one in West Bengal.
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11 Nov 2014
Finance ministry likely to take a call on HDFC Bank FDI proposal
read more11 Nov 2014
Central Bank of India decides to sell its stake in home finance firm
read more11 Nov 2014
NBFC to identify bad loans considering 90-days overdue norms: RBI
read more11 Nov 2014
Centrum Capital and Ramesh Jogani comes together to launch real estate fund
read more06 Nov 2014
Government approves scheme for revival of 23 unlicensed District Central Cooperative Banks
read more05 Nov 2014
Srei Infrastructure raises Rs 332.60 crore from NCD issue
read more30 Oct 2014
Singapore based Superior Investments Pte buys stake in residential project in Whitefield
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04 Jan 2015
PM stresses on improving quality of urban governance...
read more04 Jan 2015
Government to build industrial corridors and smart cities...
read more04 Jan 2015
AP to seek Rs 2,000 crore under Swachh Bharat scheme...
read more04 Jan 2015
BHEL gets 1x800 MW Kothagudem power project...
read more04 Jan 2015
BHEL, HSL and Midhani comes together to bid for submarine project...
read more04 Jan 2015
Develop new airports in Arunachal Pradesh: Thangwang Wangham...
read more04 Jan 2015
IVRCL Ltd proposes to divest its stake in certain BOT projects...
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