Fund pick: ICICI Pru Short Term Fund Fund pick of ICICI Pru Short Term Fund

Banks should pass reasoned orders while declaring entity defaulter: HC The Bombay High Court has said banks and financial institutions should pass reasoned orders before declaring an entity or person a wilful defaulter under the Reserve Bank of India’s Master Circular. A division bench of Justices B P Colabawalla and Somasekhar Sundaresan, in its order on March 4, noted that ...

Regulatory overreach? Sebi and RBI acting tough to restore credibility Fintech firms in Bengaluru are complaining about regulatory overreach, as is the traditional finance industry in Mumbai.

RBI Guv, Sebi head meet FM ahead of interest rate meet next month Reserve Bank Governor Shaktikanta Das on Wednesday called on Finance Minister Nirmala Sitharaman, ahead of the central bank’s interest rate-setting panel meeting next month. The minister separately held a meeting with Sebi Chairperson Madhabi Puri Buch at her North Block office, according to a post by Sitharaman’s ...

Collection efficiency for personal loans reduces in December: ICRA Earlier, in October 2023, Reserve Bank of India Governor Shaktikanta Das had flagged the high growth in certain components of consumer credit, of which personal loans are a component

What is a H1B visa? Who gets it, and how? Requirements for obtaining an H-1B visa, including job offer specifics and educational qualification

Infra lender NaBFID considers bond sale to raise up to $4.8 billion NaBFID, as the institution is called, is likely to sell bonds with tenors spanning from 10 to 20 years in the financial year starting April 1, the people said

Net direct tax collections rise 20% at Rs 18.9 trillion till March 17 At Rs 18.9 trillion, collection accounted for over 97 per cent of the revised estimates at Rs 19.45 trillion

HR, technology integration key challenge for AU SFB-Fincare SFB merger AU Small Finance Bank may find it challenging to manage the asset quality of Fincare SFB’s microfinance institution portfolio

High-yield borrowers tap offshore bonds as investor appetite improves The increased interest, visible in strong subscriptions for issues this year, is likely to push up offshore bond fund raising by Indian firms after it hit a 14-year low in 2023