Following are comments from economists at leading financial institutions, banks and rating agencies on the interim Budget: Illustration: Uttam Ghosh/Rediff.com Abheek Barua, Chief Economist, HDFC......
Gold loan company Muthoot Finance said on Monday it has submitted an application to RBI for a licence to start a bank. "The application for a banking licence is indeed a major milestone for the......
The Association of Gold Loan Companies on Monday, said in Kolkata, that it had advised its members to reduce their maximum lending rate following the decline in the price of the yellow......
The sharp fall in gold prices could be the first sign of a deeper problem for gold loan companies and some banks.The Reserve Bank of India has capped the loan-to-value ratio for gold loan companies......
Additional levy to eat into Rs 6,000-crore income of top promoters The Budget proposal to levy an additional 10 per cent dividend distribution tax for individuals is likely to hurt cash-rich......