Central Bank of India plans offer for sale to reduce govt's stake It has shown preference for the OFS route to avoid dilution of its equity capital base while increasing the public float of shares
Read More »Author Archives: LoanFinanceadmin
Rupee depriciates 1 paisa to 83.15 against US dollar in early trade
Rupee depriciates 1 paisa to 83.15 against US dollar in early trade The rupee slipped 1 paisa to 83.15 against the US dollar in early trade on Thursday amid rising crude oil prices and withdrawal of foreign funds. Despite a weak American currency against major overseas rivals, negative sentiment in domestic equity markets kept the Indian currency under pressure, forex ...
Read More »Employees' payment for canteen services will not attract GST: AAR
Employees' payment for canteen services will not attract GST: AAR GST and input tax credit applicable for company’s payment to canteen service provider not recovered from employees
Read More »Fund review: HDFC Corporate Bond Fund
Fund review: HDFC Corporate Bond Fund Fund review: HDFC Corporate Bond Fund
Read More »New provisions for partial pension withdrawal: All you need to know
New provisions for partial pension withdrawal: All you need to know The PFRDA introduced rules for partial withdrawals from National Pension System, allowing subscribers to withdraw up to 25% for specified purposes, effective from February 1
Read More »Rupee ends flat, wedged between Asia FX bump, foreign banks' dollar buys
Rupee ends flat, wedged between Asia FX bump, foreign banks' dollar buys The rupee closed at 83.1225 against the U.S. dollar, barely changed from its close at 83.1375 in the previous session
Read More »Indian banks seek looser liquidity conditions going ahead: Traders
Indian banks seek looser liquidity conditions going ahead: Traders Banks made these suggestions to industry body Fixed Income Money Market and Derivatives Association of India (FIMMDA) on Wednesday
Read More »State Bank of India raises Rs 5,000 crore in capital via AT1 bonds
State Bank of India raises Rs 5,000 crore in capital via AT1 bonds Fixes coupon at 8.34%, 24 bps higher than previous offering
Read More »ICICI Bank Q3 net profit jumps 23.6% to Rs 10,272 cr, NII up 13.4%
ICICI Bank Q3 net profit jumps 23.6% to Rs 10,272 cr, NII up 13.4% Net Interest margins dip on rise in cost of deposits; makes Rs 627 crore provision to AIF exposure
Read More »Rupee depreciates 1 paisa to 83.14 against US dollar in early trade
Rupee depreciates 1 paisa to 83.14 against US dollar in early trade The rupee fell 1 paisa to 83.14 against the US dollar in early trade on Friday amid heavy selling of equities by Foreign Institutional Investors (FIIs). Forex traders said positive cues from domestic equity markets and lower level of dollar provided support to the Indian currency. At the ...
Read More »