The finance ministry on Tuesday has issued the guidelines for the Rs 1-lakh-crore partial guarantee scheme announced in the budget under which public-sector banks can purchase high-rated pooled assets...

The Reserve Bank of India’s Monetary Policy Committee has reduced the repo rate by 35 basis points down to 5.4 per cent. This is the RBI’s fourth straight reduction of the repo rate. According to ...

A bane for mutual funds has become a boon for non-banking finance companies (NBFCs). The recent redemptions of Rs 2 lakh crore in mutual fund schemes have made their way to banks. This will help NBFCs...

Tata Motors on Saturday said it would raise prices of its passenger vehicles by up to Rs 25,000 on account of rising input costs and external economic conditions.The increase comes at a time auto sale...

Investors are putting their money on reforms as they play a market ruling at record highs, with stocks flush with high valuations.The expectation among brokerages is that the Narendra Modi-government ...

The Subhash Chandra-owned Essel group may get additional time from mutual funds and non-banking finance companies (NBFCs) to repay its remaining debt. Earlier, a deadline of September 30 was fixed dur...

State Bank of India (SBI) on Wednesday extended the three-month loan moratorium announced by the Reserve Bank of India (RBI) in March to non-banking finance companies (NBFCs).The move by the countryâ€...