Max Healthcare ties up IFC loan of Rs 90 crore
New Delhi:Max Healthcare Institute Ltd has inked an agreement to receive a project loan of Rs 90 crore from the International Finance Corporation ,a member of the World Bank Group that promotes sustainable private sector investment in developing countries.
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STCI plans to enter funds management business
Mumbai:SECURITIES Trading Corporation of India Ltd (STCI) plans to diversify its role by entering the portfolio advisory and portfolio management services space.

"We will be applying to the Securities and Exchange Board of India for a licence and is expected to get permission to undertake the funds management business in a few weeks,'' said Mr D Basu, Chairman, STCI, at a press conference held to announce the annual results.
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HDFC to focus on smaller cities for growth
Bangalore:HDFC plans to increase focus on smaller cities - non-metros and B and C cities - to fuel its growth this year and in the near future. Revenues from smaller cities now account for half of our annual revenues and these cities will be a focus area for HDFC, said Mr R.V.S. Rao, Executive Director. The average size of the loan may be smaller in these towns but there is untapped potential, said Mr Rao, adding that growth is happening in such areas.
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MetLife in pact with Dhanalakshmi Bank
Kochi:Metlife India Insurance and Dhanalakshmi Bank announced the launch of DhanamLife, a term product specifically designed for account holders of the Thrissur-based bank.
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