Gas hunt: RIL, ONGC, BP may share $1-bn infra facility
We haven't written up this one. The Economic Times has the full story — the link below goes straight to it.
More in Business
NBFCs may raise loan rates, fees to offset insurance income cap
Non-bank lenders and housing finance companies are expected to raise lending rates in response to proposed regulatory changes.
FCNR(B) interest bill to keep dollar hedging costs high
As a multibillion-dollar FCNR(B) interest bill escalates, Indian banks grapple with increased dollar hedging expenses. Recently, the Reserve Bank of India mandated new reserve prerequisites for forex…
- Multibillion-dollar FCNR(B) interest bills to maintain high dollar hedging costs.
- RBI's reserve requirement on forex derivatives adds to banks' currency risk.
- Approximately $4 billion annual dollar exposure remains unhedged for Indian banks.
South Island house prices lifting faster: QV
QV's latest update says the divergence between the North and South Island has become more stark.
Agri loans emerge as biggest asset quality risk for Indian banks
Agricultural loans in India are currently facing significant asset-quality risks, with bad-loan ratios surpassing other sectors.