Finance News

Citi India plans to launch sustainability-linked deposits in coming days Axis Bank-Citi deal: Synergies seen FY25 onwards on deposit, AUM attrition In a U-turn, outstanding NRI deposits rise in October, shows RBI data Banks likely to post robust Q4 numbers; profit may hit record high in FY23 In a first, 13 Citi-Axis branches to co-locate till merger transition Citi launches ...

JM Financial Home Loans, Indostar Capital Finance to explore merger IndoStar Capital Chief Executive Deep Juggi quits after short stint What challenges could emerge from the Air India-Vistara merger? TMS Ep316: Pvt credit, Air India-Vistara merger, Markets, New rice variety HDFC Bank files petition for NCLT approval to the proposed merger Tatas, SIA pumped Rs 650 crore into Vistara ahead ...

IndusInd Bank promoters get in-principal approval to raise stake: CEO RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8% RBI MPC: Here is what experts have to say about the policy announcement Analysts cautious on IndusInd Bank despite all-round beat in Q3; here’s why MPC lowers projection for inflation, raises growth outlook a bit ...

LIC total premium rises 17% to Rs 2.32 trn from Rs 1.99 trn in FY23 Life Insurance Corporation (LIC) on Monday said its total premium rose 17 per cent to Rs 2.32 lakh crore during FY2022-23. The same stood at Rs 1.99 lakh crore in the year-ago period. In terms of premium collected, it continues to hold ...

Credit Suisse saw $69 billion of outflows before UBS takeover By Marion Halftermeyer Credit Suisse Group AG reported 61.2 billion francs ($69 billion) of outflows in the first quarter and took a large writedown at its wealth management unit, underscoring the challenge for UBS Group AG in retaining key clients and assets after the emergency takeover of its biggest ...

Asian Development Bank operations reach $20.5 bn in 2022: Report The Asian Development Bank (ADB) committed $20.5 billion from its resources last year to help Asia and the Pacific continue its recovery from the Covid-19 pandemic despite fresh economic headwinds and crises, the Manila-based lender said in a report on Monday. The ADB’s Annual Report 2022 said the ...

Good times for the Swiss watches; 2022 saw highest ever demand in India Swiss Re Group sees India units taking lead owing to more senior roles Taxmen probe rich Indians for having foreign policies without approval Mumbai Indians vs Gujarat Giants WPL T20: Check out predicted playing 11 Mumbai Indians vs Royal Challengers Bangalore WPL: MI predicted XI vs RCB ...

Will dollar continue to dominate world trade or will other currencies gain? By Michelle Jamrisko It might take decades before King Dollar truly loses its crown, but markets have a trade to make in the meantime. Emerging-market currencies stand to gain from the gradual chipping away of the dollar’s hegemony, as dozens of economies set up transaction schemes ...

Godrej Capital aims to double its loan book to Rs 12,000 cr in FY24 OEMs to drive 16-18% rise in auto-parts MSME revenues: CRISIL SME Tracker Godrej Yummiez expands vegetarian portfolio; aims for 30% growth in FY23 Margin gains ahead for Godrej Consumer Products on strong sales CRISIL SME Tracker: Strong domestic demand to drive pharma growth in FY23 Net ...

Mahindra Finance to raise upto Rs 8,000 crore through debentures in FY24 Oldest Indian billionaire, champion of education: Who was Keshub Mahindra? ‘Not possible to do away with repossession agents’: Mahindra Finance MD Shriram Finance turns India’s largest retail NBFC after merger: Group OEMs to drive 16-18% rise in auto-parts MSME revenues: CRISIL SME Tracker Mahindra Lifespaces Developers logs net ...