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IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd Bank secures $200 mn loan from ADB for microlending

As per the loan agreement, about 95 per cent of the ADB funding is to go towards credit to women borrowers.

15 Sept 2017 2:24 PM IST

Experts have voiced concern over how soon banks will be recapitalised in the event of a farm loan waiver.

Maharashtra govt extends deadline for farm loan waiver applications

The state government had in June, 2017 announced a Rs 34,000 crore crop loan waiver for the marginal farmers.

15 Sept 2017 2:22 PM IST

Under the PMGKY after payment of tax, 25 per cent of the unaccounted money will have to be mandatorily parked with the government for 4 years as non-interest bearing deposit.

Tax authorities to scan transition credit claim of 162 cos

Till last week as many as 70 per cent of 59.57 lakh taxpayers had filed returns.

15 Sept 2017 2:11 PM IST

ICICI may also look to sell a 10 per cent stake in the unit at the same time.

ICICI Lombard launches Rs 5,700 crore IPO today

Its two main shareholders - ICICI Bank Ltd and Fairfax Financial Holdings Ltd - will sell a combined 19 percent stake in...

15 Sept 2017 2:06 PM IST

Former chief economic advisor Shankar Acharya. (Photo: Screengrab YouTube)

RBI should not allow rupee to appreciate: Shankar Acharya

As per data available there has been an increase in gross revenue collection, net revenue is low due to input credits...

15 Sept 2017 2:01 PM IST

Amazon ties-up with BOB to offer micro loans to its sellers

Loans will be extended in range of Rs 1 lakh to Rs 25 lakh at an annual interest rates between 18 and 30 pc.

15 Sept 2017 1:48 PM IST

The Minister of Law and Justice, Ravi Shankar Prasad, said the government has been of view that Right to Privacy should be fundamental right. (Photo: PTI)

Plan to link Aadhaar with driving licence: IT Minister R S Prasad

This statement comes days after the media reported that the government is planning to link Aadhaar with SIM cards.

15 Sept 2017 1:26 PM IST

GDP stands for Gross Domestic Product.

India's GDP growth likely to slip below 7 pc this fiscal: DBS

India's economic growth slipped to a three-year low of 5.7 per cent in April-June.

15 Sept 2017 1:19 PM IST

The Sensex garnered 847.96 points 3.14 per cent last week.

Sensex, Nifty retreat on lingering geopolitical worries

The NSE 50-share Nifty also trading lower by 34.95 points, 0.35 per cent to 10,051.45.

15 Sept 2017 12:20 PM IST

Wipro Chief Azim Premji

Wipro gets 7-year data centre services deal from innogy

Innogy transferred its twin data centres in Neurath and Niederaussen in Germany to Wipro on February 1, 2017.

15 Sept 2017 12:15 PM IST

Ajit Jain with Bill Gates. (Photo: File/AP)

Ajit Jain: Most likely successor of Warren Buffet at Berkshire...

Jain, at present, takes care of Hathaway's insurance investments and is at good terms with Buffet.

15 Sept 2017 12:00 PM IST

The police control room in Delhi gets on an average 18 distress calls in one minute. (Representational image)

Trai begins consultation to tackle pesky calls, SMSes

The last consultation process on pesky calls was held by the regulator in 2012.

15 Sept 2017 11:32 AM IST