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Bandhan

For infrastructure building Banks may get access to long-term bond

For infrastructure building Banks may get access to long-term bond
The Reserve Bank of India (RBI) once it revisits the existing guidelines will open up the banking space to more entrants. In the past the central bank has observed that it needs more differentiated players in the system and that licences would be available ‘on tap’; in keeping with this viewpoint, windows for accepting applications [...] Continue Reading »

SBI says, Banking foray may dilute IDFC’s infra focus

SBI says, Banking foray may dilute IDFC’s infra focus
Infrastructure sector is likely to be affected by the RBI decision to award the IDFC a full-fledged banking license, as it has been facing a slowdown already and the company was a leading an integrated infrastructure finance player ,as told by the State Bank of India (SBI), the country’s largest lender. Arundhati Bhattacharya, SBI chairperson [...] Continue Reading »

Garbage trucks of AMC attacked

Garbage trucks of AMC attacked
Garbage trucks of Ahmedabad Municipal Corporation (AMD) were attacked by some people living near Bandhan party plot on SG Highway, on Sunday evening. Angry residents threw stones at garbage trucks as they were unhappy with the allotment of space in the area for garbage dumping. The local people had been protesting for long against the [...] Continue Reading »



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