The debt-to-equity ratio of Reliance Capital would decline to 0.5 from 1.7 if the company manages to get banking license from Reserve Bank of India (RBI). It may be recalled that the central bank invited application for new bank licenses from corporates, non banking finance companies and other entities earlier. Follo
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HSR Needs Fast Tracking
RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Showcasing India’s Supply Chain Revolution
Highlighting the Future of Smart, Sustainable Infra
Driving Sustainability Through Innovation
REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
Tag: institutions
Continuous licensing may boost competition in banking sector
In order to ensure competitiveness in the banking sector, there is a need to adopt a 'continuous authorisation' policy, Reserve Bank of India (RBI) said in a research paper. The paper calls for reviewing the current 'Stop and Go' licensing policy and adopt a 'continuous authorisation' policy as continuous authorisation keeps the competitive pres
SAIL chief moots special funding institution for steel sector
There is an urgent need to set up dedicated financing institutions for the steel sector in order to attain the target of 300 mn t steel annually by 2020-25, CS Verma, Chairman and Managing Director of SAIL said. It may be recalled that India set a target to achieve annual steel production of 300 million tonne (mn t) by 2020
FSLRC submits draft Financial Code Bill
Finance Sector Legislative Reforms Commission (FSLRC) recently submitted a draft Indian Financial Code Bill which contains 450 clauses and six schedules. The code was submitted to give effect to its recommendations on the financial architecture of the country. Among various recommendations of the panel, the prominent one is the setting up of a Unified Financial Agency (UFA) by merging several regulators such as Sebi,
Institutions struggle to raise funds via tax-free bonds
Reports indicate that institutions that are allowed to raise tax-free bonds in 2012-13 could mop up only Rs 25,000 crore as against the permission to raise Rs 60,000 crore. It is learnt that investors are not showing much interest in the tax-free bonds as interest rates are expected to fall further in the coming months. Yield on tax-free bonds are set below the yield of the 10-year ben