Sanjiv Bhasin joins as MD & CEO of Centrum Capital

Last Updated: Monday, July 6, 2015, 20:24

Leading financial services firm Centrum Capital has appointed Sanjiv Bhasin, former head of DBS Bank India, as its managing director and chief executive officer.

IFC invests $35 million in PFS' non-convertible debentures

Last Updated: Wednesday, June 17, 2015, 16:21

IFC, a World Bank group member, Wednesday said it has invested USD 35 million in the 10-year non-convertible debentures of PTC India Financial Services(PFS).

'India, US must increase cooperation in financial services sector'

Last Updated: Tuesday, June 16, 2015, 22:59

India's financial services sector offers huge opportunities to US companies and both the nations must increase cooperation in areas, including, infrastructure financing, insurance, pension and corporate bond market, a Ficci report said on Tuesday.

Reliance Capital to set up global commodity exchange in IFSC at GIFT City

Last Updated: Wednesday, June 3, 2015, 17:18

"This allotment is expected to bring in investment of around Rs 200 crore and generate employment for around 2,500 persons in next 3 years," GIFT MD and Group CEO Ramakant Jha said in a statement.

NSE inks pact to help provide manpower to GIFT City

Last Updated: Thursday, May 28, 2015, 14:59

Gujarat International Finance Tec-City (GIFT City), coming up near Ahmedabad, is expected to be the first such city in the country.

PFS net profit plunges 66% in Q4

Last Updated: Tuesday, May 26, 2015, 15:50

The stock was trading at Rs 48, down 17.95%, on BSE at 1500 hrs.

Redefining personal finance for India's middle class

Last Updated: Tuesday, February 19, 2013, 10:11

A middle class Indian, on an average, loses Rs.30,000-40,000 every year because of bad personal finance products he bought in the past, claims ArthaYantra, an integrated personal financial services company which offers free financial advice online.

RBI inks MoUs with UK, Norway regulators

Last Updated: Tuesday, July 31, 2012, 22:44

The Reserve Bank has signed memoranda of understanding with regulators of UK and Norway among others to promote greater co-operation and sharing of supervisory information.

PTC India Financial offloads 14% stake in IEX for Rs 71 cr

Last Updated: Friday, March 30, 2012, 16:37

PTC India Financial Services, an arm of power trader PTC India, today said it has sold 14 percent stake in Indian Energy Exchange Limited (IEX) for Rs 71 crore.

PFS eyes Rs 50cr from 16% stake sale in Indian Energy Exchange

Last Updated: Sunday, November 20, 2011, 12:35

Infrastructure lender PTC India Financial Services (PFS) expects to garner as much as Rs 50 crore from sale of over 16 percent stake in the country's largest power bourse, Indian Energy Exchange (IEX).

Indian financial sector less lucrative than China, S'Pore: PwC

Last Updated: Tuesday, September 27, 2011, 21:54

Regulatory uncertainties are making the country's financial services sector less lucrative compared to neighbouring China's and Singapore's, says a survey by international accounting major PwC.

RBI panel suggestions to help boost NBFCs: PFS

Last Updated: Friday, September 2, 2011, 18:40

An RBI panel's recommendations on NBFCs, if implemented, would help in boosting the base of infrastructure finance companies and increasing their scale of operations, PTC India Financial Services (PFS) said on Friday.