Three things that could curb bank credit growth this year

The RBI's increase in risk weights on bank lending to non-banking financial companies and on unsecured loans has pruned credit growth in these segments. Illustration: Uttam Ghosh/Rediff.com Bank......

MF licence aspirant list swells with new wave of AMCs ready to roll

India’s thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset......

SBI Caps, JM Financial to sell Reliance Capital assets

The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance,......

Why Anmol Ambani is Reliance Capital's lucky mascot

The Anmol effect: R-Cap shares jump 40% since junior Ambani joined the board Jai Anmol with parents Anil and Tina Ambani. Introducing son Anmol as a new director on Reliance Capital's board,......

How Quickly IPL Teams Spent Money

At the start of the auction on Sunday, Punjab Kings had the highest funds at Rs 110.5 crore, which decreased to Rs 10.9 crore before Day 2 on Monday. IMAGE: Mumbai Indians Owners Nita Ambani and......