Aditya Birla Fashion Stocks: 5 reasons Aditya Birla Fashion is stock pick of the week [ad_1] Aditya Birla Fashion and Retail (ABFRL) offers a bouquet of leading brands with a strong network of stores and multi-brand outlets across India. It reported a robust 50% y-o-y jump in revenue in the second quarter of 2022-23, supported by demand recovery, aggressive store ...
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State Bank of India plans to raise $500 million via green bonds
State Bank of India plans to raise $500 million via green bonds The country’s largest lender — State Bank of India (SBI) — is planning to raise around $500 million through green bonds to provide sustainable project finance. This plan coincides with about Rs 8,000 crore (close $1 billion) raised by the Government of India through maiden sovereign ...
Read More »How to do financial Planning for self-employed? Read here
How to do financial Planning for self-employed? Read here [ad_1] Akshat is a social media expert and runs his own consultancy firm. He is 32 and has spent the past five years establishing his business. He now earns a stable income and wants to expand. While Akshat is satisfied with the way his business activities are progressing, he knows that ...
Read More »Rating firms seek exposure details from lenders on Adani companies
Rating firms seek exposure details from lenders on Adani companies Indian banks, which have lent about Rs 80,000 crore to the Adani group, rushed to allay investors’ concern over their exposure to the conglomerate after a report by US-based investment research firm, Hindenburg Research alleged that the group was engaged in “a brazen stock manipulation and accounting ...
Read More »Defence Sector Stocks: 4 defence sector stocks with up to 32% upside potential
Defence Sector Stocks: 4 defence sector stocks with up to 32% upside potential [ad_1] The government’s aim to achieve self-reliance in the defence sector has boosted the share prices of defence companies. Twelve listed companies across private and public domains delivered an average return of over 58% in the past year. Comparatively, the NSE 500 index delivered 1.5% returns during ...
Read More »Reserve Bank of India to conduct auction of 10-year govt bond on Friday
Reserve Bank of India to conduct auction of 10-year govt bond on Friday The Reserve Bank of India (RBI) will conduct the auction of a new 10-year government bond on Friday, the central bank said through a press release on Monday. The government will sell a notified amount of Rs 28,000 crore worth of three ...
Read More »You don’t need debit card to activate UPI: Here’s how to activate UPI using Aadhaar
You don’t need debit card to activate UPI: Here’s how to activate UPI using Aadhaar [ad_1] Punjab National Bank recently announced that its customers can activate the Unified Payments Interface (UPI) using Aadhaar-based one-time password (OTP) authentication.Earlier, to activate UPI, customers had to mandatorily use a valid debit card number for OTP authentication to set up a PIN while registering. ...
Read More »Punjab National Bank reports Q3 net profit down 44% to Rs 629 crore
Punjab National Bank reports Q3 net profit down 44% to Rs 629 crore Punjab National Bank (PNB) on Monday reported a 44 per cent decline in standalone net profit at Rs 629 crore in the third quarter ended December. The state-owned bank had earned a net profit of Rs 1,127 crore in the year-ago period. ...
Read More »5 NBFCs offering more than 8% FD interest rate for senior citizens
5 NBFCs offering more than 8% FD interest rate for senior citizens [ad_1] Non-banking financing companies (NBFCs) offer fixed deposit services to their customers; while they are similar to bank fixed deposits in many aspects, there is a difference when it comes to safety of deposits. As NBFCs are not protected by the Deposit Insurance and Credit Guarantee Corporation (DICGC), ...
Read More »Canada’s CPPIB invests $205 million in Indian co IndoSpace’s new fund
Canada’s CPPIB invests $205 million in Indian co IndoSpace’s new fund BENGALURU (Reuters) – Indian warehouse and parks developer IndoSpace on Monday said the Canada Pension Plan Investment Board (CPPIB) will invest $205 million in the company’s new real estate fund. The investment from Canada’s biggest pension fund is part of IndoSpace’s new fund targeting ...
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