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Catholic Syrian to seek RBI nod for stake sale

The Kerala-based Catholic Syrian Bank is in the process of seeking the Reserve Bank of India’s (RBI) permission to sell a 15 per cent stake in the bank to AIF Capital Development, a Mauritius-registered private equity firm.
 
With a … […]

India is in for a liquidity crunch

INDIA'S real estate and stock markets are heading for a correction, with a liquidity crunch in the banking sector likely to accelerate the trend, according to one of the country's most influential bankers.

Indian stock valuations are inflated and property … […]