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Wednesday, June 25 1997
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House panel grills Rangarajan over CRB Caps muddle![[Details]](/icons/bullet.gif){kind=icon}
The Reserve Bank of India's supervisory role over non-banking financial companies (NBFCs) and banks came in for a critical appraisal at a meeting of Parliament's standing committee on finance.
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HDFC homes in on 36% stake in Rajasthan venture
The Housing Development Finance Corporation (HDFC) has tied up with with the Rajasthan government to set up a new company. The new firm will primarily focus on fee-based activities like offer advisory services to housing finance companies.
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HLL likely to evaluate merger with Pond's India
Hindustan Lever chairman KB Dadiseth reiterated that the company was likely to evaluate the benefits of a possible merger with sister concern Pond's India.
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The Group
