Turkey central bank keeps rates unchanged after polls

Last Updated: Tuesday, June 23, 2015, 21:30

The bank said in a statement after its latest monetary policy committee meeting that the one-week repurchase rate would be kept at 7.50 percent, the marginal funding rate at 10.75 percent and the borrowing rate at 7.25 percent.

ECB again increases emergency liquidity reserve for Greek banks

Last Updated: Monday, June 22, 2015, 15:58

The European Central Bank (ECB) again increased emergency liquidity funds for Greece`s banks Monday, according to a Greek bank source who said the ECB may renew the hike "at any time" if necessary.

ECB to hold emergency meeting on Greek bank funding

Last Updated: Friday, June 19, 2015, 12:33

The request comes just days after the ECB approved a 1.1-billion-euro increase in the ELA ceiling to 84.1 billion euros.

Micromax-backed startup HealthifyMe gets 2nd round of funding

Last Updated: Thursday, June 18, 2015, 20:00

Micromax-backed digital health and fitness startup HealthifyMe on Thursday said it has received the second round of funding from angel investors.

ECB ups Greek bank's emergency funding by 1.1 bn euros

Last Updated: Wednesday, June 17, 2015, 23:05

The European Central Bank on Wednesday raised the maximum emergency funding that Greek banks can obtain by 1.1 billion euros ($1.24 billion), a banking source told AFP.

China's loan-hungry developers move from shadows to cloud

Last Updated: Friday, June 12, 2015, 13:12

Faced with reluctant banks and trusts, developers welcome the rapid growth of an alternative source of funds, but scaling up this immature market carries systemic risks.

Greece will lose funding access if payment missed: IMF

Last Updated: Thursday, May 28, 2015, 22:11

Greece will be cut off from additional International Monetary Fund financing if it misses a loan payment to the crisis lender, an IMF spokesman said Thursday.

RBI issues draft Basel III guidelines on liquidity standards

Last Updated: Thursday, May 28, 2015, 22:07

The Reserve Bank on Thursday released the draft guidelines on the net stable funding ratio (NSFR) under Basel III framework on liquidity standards for banks and sought comments from all stakeholders by June 26.

SpiceJet raises additional Rs 300 cr funding, Ajay Singh appointed CMD

Last Updated: Thursday, May 21, 2015, 19:22

Budget carrier SpiceJet, which was on the brink of collapse in December after being hit by a financial crisis, has managed to raise an additional Rs 300 crore funding, even as its co-founder Ajay Singh was Thursday appointed as the airline's Chairman and Managing Director.

Greece will not make IMF payment on June 5 without a deal: lawmaker

Last Updated: Wednesday, May 20, 2015, 12:45

Athens faces several payments totaling about 1.5 bn euros to the IMF next month and it is in talks with the European Union and the International Monetary in order to clinch a cash-for-reforms deal before it runs out of cash.

Uber's valuation could cross 'whopping' $50 bn post fresh round of funding

Last Updated: Sunday, May 10, 2015, 16:54

Uber's valuation could climb well beyond a whopping 50 billion dollars in the future as it looks to raise 1.5 to two billion dollars in another round of funding.

Simplilearn raises $15 million

Last Updated: Thursday, April 23, 2015, 13:00

Technology-education company Simplilearn today announced that it has closed USD 15 million (about 95 crore) in Series C funding that will be used to fuel company's growth.