RBI proposes framework to rationalise money changers' authorisation In order to reduce the regulatory burden and enhance the ease of doing business, it is proposed to renew an existing authorisation as an AD Category-II on a perpetual basis

NBFC loan sanctions shrink by 5% to Rs 2.09 trn in urban area: FIDC Growth in Semi-urban, rural areas holds up

upi: India’s first corporate credit card on RuPay network launched; UPI transactions & lifetime free and more [ad_1] IndusInd Bank has launched ‘eSvarna’ which is a corporate credit card on RuPay network. eSvarna RuPay credit card can be used to link with any supporting UPI app and then payments can be made using it too. “The card facilitates smooth transactions ...

Bank Nifty will take the lead in 2024: ICICI Direct The firm’s top picks for 2024 include Dalmia Cement, Federal Bank, GAIL India, Hindustan Copper, IPCA Laboratories, and Shriram Finance.

'Cut essential to check high real interest rate', says RBI MPC member Jayanth Varma, an external member of the RBI’s Monetary Policy Committee, has stated that an interest rate cut is required to prevent excessive real interest rates amid changing economic landscape

NaBFID MD bats for re-introduction of S4A-like debt recast scheme National Bank for Financing Infrastructure and Development’s (NaBFID) managing director Rajkiran Rai G has said there is a need to re-introduce the Scheme for Sustainable Structuring of Stressed Assets (S4A) scheme to help infrastructure finance in the future. Rai said at present, there is not a single asset calling out ...

Inflation to ease to 4.6% in the first three quarters of 2024-25: RBI The RBI bulletin released on Wednesday said that global growth continues to remain fragile and may slow down further in 2024

Fund Pick: HDFC Short Term Debt Fund Fund Pick: HDFC Short Term Debt Fund

Indian banks' liquidity deficit at 8-yr high, traders eye repo rollover ndian banking system is facing a widening liquidity deficit, reaching levels last seen in 2016, that may prompt the central bank to provide another round of short-term cash infusion

NBFCs begin provisioning for AIF exposure after RBI tightens norms Piramal to adjust Rs 3,164 cr; IIFL Finance sees Rs 161 cr impact