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RBI received 8 applications to set up universal, small finance banks

Mumbai, April 15 | The Reserve Bank has received eight applications for acquiring 'on tap' licenses to set up universal banks and small finance...

UN chief calls for 6 measures to finance recovery from Covid-19

United Nations, April 13 | UN Secretary-General Antonio Guterres called for six measures to help countries recover from Covid-19 and keep them on track...

Sensex tanks 1,700 points; banking, finance stocks slump (Ld)

Mumbai, April 12 | The Indian stock market slumped on Monday with the BSE Sensex falling over 1,700 points amid rising cases of Covid-19...

Srei Equipment Finance receives EoI for up to $250 mn capital...

Kolkata, April 8 | Srei Equipment Finance Ltd on Thursday said that it has received expression of interest for up to $250 million capital...

Avanti Finance raises Rs 195cr in debt and equity

Bengaluru, April 8 | Bengaluru-based Avanti Finance, a technology led non-banking financial company (NBFC), has raised $26 million (nearly Rs 195 crore) in debt...

Equitas Small Finance Bank’s Rs 34,287 cr business in FY 21

Chennai, April 7 | City based Equitas Small Finance Bank Ltd on Wednesday said it closed last year with a total business of Rs...

US seeks to increase scale of climate finance: Yellen

Washington, April 7 | The US is seeking to increase the scale of climate finance and working with the international community to tackle climate...

India hosts 1st meet of BRICS Finance Ministers, Central Bank Governors

New Delhi, April 6 | India hosted a meeting of BRICS Finance Ministers and Central Bank Governors virtually on TuesdayThe meeting, jointly chaired by...

Gen Z lacks confidence in personal finance, investing: Study

By SIddhi JainNew Delhi, April 5 (IANSlife) A survey on the state of financial literacy among teens shows that Gen Z is interested in...

Sensex down 500 points; banking, finance stocks fall

Mumbai, March 31 | The key Indian equity indices declined on Wednesday morning, with the BSE Sensex losing over 500 points.Heavy selling pressure was...

Sensex up 500 points; metal, finance stocks rise

Mumbai, March 30 | The key Indian equity indices rose on Tuesday morning with the BSE Sensex rising over 500 points.Healthy buying was witnessed...

TECNO adds to Holi celebrations with easy finance options on smartphones

New Delhi, March 27 | Ahead of Holi, TECNO, the global smartphone brand on Saturday announced that it is offering easy, simple and accessible...

Crucial finance bills passed in K’taka amid Cong’s protest

Bengaluru, March 25 | Amid continued protest by the Congress for the third day in a row, Karnataka ruling the Bharatiya Janata Party (BJP)...

FM clarifies on equalisation levy as LS passes Finance Bill

New Delhi, March 23 | Finance Minister Nirmala Sitharaman on Tuesday clarified that the equalisation levy will not be applicable on foreign companies who...

Piramal Capital & Housing Finance raises Rs 4,050 cr via NCDs

Mumbai, March 22 | Piramal Capital & Housing Finance Ltd (PCHFL), a wholly owned subsidiary of Piramal Enterprises Limited has raised Rs 4,050 crore...

Withholding tax on FPI debt return will stay at 5%: Finance...

New Delhi, March 17 | The withholding tax for foreign portfolio investors (FPIs) funds dealing in debt securities will continue to be levied at...

Cholamandalam Investment and Finance Company Limited (Chola) and Karur Vysya Bank...

Co-lending partnership with KVB opens up new business opportunities by enabling access to new customers for both KVB and Chola The model not only...

Punjab Finance Minister tests Covid positive

Chandigarh, March 12 | Punjab Finance Minister Manpreet Badal on Friday said he was tested positive for coronavirus."I would like to inform everyone that...

PNB Housing Finance tie up with Yes Bank for co-lending

Mumbai, March 5 | PNB Housing Finance and Yes Bank on Friday said that they have entered into a strategic co-lending agreement to offer...

Bank of Baroda lead lender of Reliance Home Finance Limited representing...

New Delhi, March 4 | Bank of Baroda (BoB), the lead lender of Reliance Home Finance Limited representing 34 banks and institutions has dragged...

Jharkhand finance minister tables Rs 91,277 crore budget

Ranchi, March 3 | The Jharkhand government on Wednesday tabled the annual budget of the of Rs 91,277 crore for the financial year 2021-22...

Mitigram introduces TxM Transaction Manager for Trade Finance operations

STOCKHOLM, March 3, 2021 /PRnewswire/ -- Less than six months after launching the Open Market Discovery module, Swedish fintech Mitigram is releasing their latest, and...

Zymergen Appoints Global Finance Expert Enakshi Singh as Chief Financial Officer

Seasoned finance executive has raised $1B+ in equity financing to scale biofacturing platform for commercial markets EMERYVILLE, Calif., Feb. 24, 2021 /PRNewswire/ --...

Sensex up 400 points; banking, finance stocks rise

Mumbai, Feb 24 | The key Indian equity indices opened on a positive note on Wednesday, with the BSE Sensex gaining around 400 points.Around...

PNB not to take part in housing finance arm’s planned fund...

Mumbai, Feb 21 | Punjab National Bank will not take part in the capital raising plans of PNB Housing Finance.Last August, the Board of...

Cairn CEO calls meeting with Finance Secy ‘constructive’

New Delhi, Feb 18 | Amid speculations of the Indian government and UK-based Cairn Energy going ahead with further legal proceedings regarding the retrospective...

Finance Minister addresses the Central Board of RBI Directors

New Delhi, Feb 16 | The 587th meeting of the Central Board of Directors of Reserve Bank of India was held under the...

A guide to personal finance management

By Siddhi JainNew Delhi, Feb 15 (IANSlife) Financial stability is an essential part of our hopes and dreams - it can be in the...

Health, finance among 6 ministries to reply queries in LS

By Rajnish SinghNew Delhi, Feb 5 | From textile, science and technology, health and family welfare to finance, almost six ministers will share a...

Madison LeCroy denies affair with JLo’s finance Alex Rodriguez

Los Angeles, Feb 4 | Actor Madison LeCroy has finally opened up on rumours around her affair with Jennifer Lopez's boyfriend Alex Rodriguez.Madison says...

Rs 35,577 cr for Bihar local bodies on recommendation of Finance...

Patna, Feb 2 | Former Bihar Deputy Chief Minister Sushil Kumar Modi has said that on the recommendation of the 15th Finance Commission (2021-26)...

Govt accepts Finance Commission’s recommendation on lower sharing of tax proceeds...

New Delhi, Feb 2 | The Finance Ministry has accepted the 15th Finance Commission's recommendation to share 41 per cent of the net proceeds...

Govt is procuring crops at 1.5 times MSP: Finance Minister

New Delhi, Feb 1 | Finance Minister Nirmala Sitharaman on Monday said farmers are getting 1.5 times of the minimum support price (MSP) on...

Finance Minister leaves for Parliament to present Budget 2021

New Delhi, Feb 1 | As all eyes across the country are set to witness the Budget 2021 to be presented in Parliament very...

4 bidders in race to acquire Reliance Home Finance

Mumbai, Jan 28 | Two US-based funds, Avenue Capital/ARCIL and Aries SSG/ACRE, have placed their bids to acquire RHFL as a company.Banking sources added...

Four bidders in final race to acquire Reliance Home Finance

Mumbai, Jan 28 | Two US-based funds Avenue Capital/ARCIL and Aries SSG/ACRE have placed their bids to acquire RHFL as a Company.Banking sources added...

Jio named 5th strongest brand globally in Brand Finance rankings

New Delhi, Jan 28 | Telecom major Reliance Jio is the fifth strongest brand in the world, shows the 'Brand Finance Global 500...

Aadhar Housing Finance files for Rs 7,300 cr IPO

Mumbai, Jan 27 | Blackstone-backed Aadhar Housing Finance Ltd has filed for an initial public offering worth up to Rs 7,300 crore.The offering would...

UN chief urges donor countries, banks to increase climate finance

United Nations, Jan 25 | United Nations Secretary-General Antonio Guterres on Monday urged donor countries and banks to significantly increase the volume and predictability...

25 kg gold stolen at gunpoint from Muthoot Finance branch in...

Chennai, Jan 22 | Six masked persons brandishing pistols on Friday barged into a Muthoot Finance branch in Tamil Nadu's Hosur on Friday and...

Portuguese Finance Minister tests Covid-19 positive

Lisbon, Jan 17 | Portuguese Minister of State for Finance Joao Leao has tested positive for the novel coronavirus, his Ministry announced in a...

Indian Railway Finance Corp’s Rs 4,600 cr IPO opens next week

New Delhi, Jan 13 | The initial public offering (IPO) of Indian Railway Finance Corporation (IRFC), worth over Rs 4,600 crore, will open on...

Universal Sompo ties up with Jammu & Kashmir and Ladakh Finance

Chennai, Jan 8 | Private non-life insurer Universal Sompo General Insurance Company Limited on Friday said it has tied up with Jammu & Kashmir...

RBI imposes Rs 2.5 cr penalty on Bajaj Finance on methods...

Mumbai, Jan 5 | The Reserve Bank of India (RBI) has imposed a penalty of Rs 2.50 crore on Bajaj Finance for violation of...

Chhabria ran car finance, fake registration racket: Mumbai cops

Mumbai, Dec 29 | Ace car-designer Dilip Chhabria, who was arrested late on Monday night is allegedly connected with a car...

Manappuram Finance raises Rs 400 cr through bonds

Mumbai, Dec 22 | Manappuram Finance said on Tuesday that it has raised Rs 400 crore by issuing bonds on private placement basis.In a...

Six bidders submitted bids for Reliance Home Finance

New Delhi, Dec 20 | Six bidders have submitted bids for Reliance Home Finance Limited (RHFL).Of these, only two bidders submitted compliant and binding...

Payments to SSIs to be made within 45 days of receiving...

JAMMU, DECEMBER 16: In a meeting called to discuss the issue of pending payments to SSIs from various departments it has been decided to...

Achieve $100bn climate finance goal for developing nations: Report

New Delhi, Dec 12 | Meeting the pledge by developed countries to mobilise at least $100 billion a year to support developing countries in...

Vistaar Finance raises $ 30mn from Dutch bank FMO

Bengaluru, Dec 1 | Leading MSME lender Vistaar Finance on Tuesday said that it has raised $30 million (approximately Rs 221 crore) External Commercial...

Business

DoT gave many warnings to e-commerce firms on selling mobile signal...

New Delhi, April 17 | The Department of Telecommunications had repeatedly warned e-commerce companies in 2016 and 2019 for sale of unauthorised mobile signal...