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PE deals in realty space may lose steam
Fetched: October 8th, 2008, 9:16pm EDT
Private equity deals in real estate may increasingly become scarce in the short term, deepening crisis for cash-starved property firms. -
Charles River Ventures to launch $150-m India fund
Fetched: October 8th, 2008, 9:16pm EDT
Charles River Ventures (CRV), the US-headquartered pedigree venture capital firm managing assets around $2.1 billion, is in the midst of launching $150 million India fund. -
PE firms face a realty check during market meltdown
Fetched: October 6th, 2008, 7:35pm EDT
The average size of private equity deals in real estate has come down by an annual 60% to Rs 190 crore as the deteriorating market conditions have forced investors to take smaller exposures. -
RBI imposes Rs 5-lakh penalty on Baramati Sahakari Bank
Fetched: October 6th, 2008, 7:35pm EDT
The Reserve Bank on Monday imposed a penalty of Rs 5 lakh on Maharashtra-based Baramati Sahakari Bank Ltd for violation of directive on investments in non-SLR bonds. -
Allahabad Bank eyes 20 per cent loan growth
Fetched: October 3rd, 2008, 9:17am EDT
The city-based public sector Allahabad Bank is targeting a growth of 20 per cent in its loan portfolio and 17 per cent in deposit this fiscal. -
Rs.43.11 bn interest for banks on waived off farm loan
Fetched: October 3rd, 2008, 9:17am EDT
State-owned banks will receive Rs.4,311 crore (Rs.43.11 billion) as interest on farm loans of Rs.716.8 billion that were waived off earlier this year under a government fiat. -
NABARD to provide micro financial services to 50mn families
Fetched: October 3rd, 2008, 9:17am EDT
NABARD has set for itself an ambitious task of providing access to micro financial services to about 50 million rural families by linking four million self help groups with the banking system in another four years. -
Brics sues Lehman for recovery of sale amount
Fetched: October 3rd, 2008, 9:17am EDT
Mumbai-based Brics Securities has filed a suit against Lehman Brothers, India, in Bombay High Court this week, revealed a company source to ET. -
Crisis-hit US institutions plan to sell off assets in India
Fetched: October 3rd, 2008, 9:17am EDT
AIG, Morgan Stanley, Wachovia and others are planning to liquidate some of the Indian assets in which they had invested their proprietary capital. Get rid of Debt
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Reliance Money gets nod to acquire 10 pc stake in NMCE
Fetched: October 3rd, 2008, 9:17am EDT
Financial services firm Reliance Money has obtained approval from Ministry of Consumer Affairs to acquire a 10 per cent stake in the National Multi-Commodity Exchange of India (NMCE) Board.