How Ujjivan plans to give shape to Modi's financial inclusion dream

'We provide unsecured loans of Rs 150,000-500,000 and secured loans of Rs 10 lakh-Rs 25 lakh. 'These are largely small businesses, traders, services and some manufacturing units.' Illustration:......

BSE, NSE cut off tieups with foreign exchanges

The move is meant to curb or reverse the export of India’s financial markets to overseas trading platforms. Indian exchanges have in a drastic move terminated licensing agreements for use of......

Windfall for brokers in BSE public offer

Reports have suggested Rs 400-650 as the possible IPO price Several Dalal Street veterans and top brokers have enlisted as selling shareholders in the initial public offering (IPO) of Asia’s......

FinMin directs banks to deal firmly with fraud, wilful default

As part of the strategy to contain bad debts, the Finance Ministry has directed all public sector banks to accord top priority to cases of fraud and wilful default and take legal action against......