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Mumbai, Thursday, December 25, 2014

Sumitomo Mitsui to pick up stake in Reliance Cap

Sumitomo Mitsui Trust Bank Ltd (SMTB) of Japan has agreed to pick up 2.77 per cent stake in Anil Ambani-led Reliance Group company, Reliance Capital Ltd., for Rs.371 crore. Reliance Capit... »
More on banking AND: joint venture
MUMBAI, Tuesday, December 23, 2014

Deadline to exchange pre-2005 notes extended till June 30

The deadline for exchanging pre-2005 currency notes of various denominations, including Rs.500 and Rs.1,000, has been extended by another six months till June 30, 2015. “The Reserve Bank... »
NEW DELHI, Tuesday, December 23, 2014

PSU banks write off over Rs. 1.06 lakh crore in last 5 years

Public sector banks have written off loans worth Rs. 1,06,170 crore in the last five years, Parliament was informed on Tuesday. “The RBI data reporting system does not collate data on th... »
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