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Finance

NHB may issue 3-year bonds in April, Reliance plans 2-month CP, and others

India's NHB likely to issue around three-year bonds in April  India's National Housing Bank (NHB) is likely to raise up to Rs 2,000 crore...

Andromeda expects 15% growth in loan disbursals to Rs 70,000 cr in FY24

Loan distributor Andromeda expects around 15 per cent growth in loan disbursals to Rs 70,000 crore during the current fiscal, driven primarily by...

Softer US dollar, better risk appetite push rupee to two-month high

The rupee hit a nearly two-month high against the dollar on Thursday following a decline in the dollar index, amid hopes of the...

NBFCs to face funding woes, may hit growth, says India Ratings

Why are Indian start-ups facing such a severe funding winter?ICRA downgrades PTC Financial Services short-term rating over operationsMoody's lowers Vedanta Resources rating to...

Finance Secretary Vivek Joshi holds review meeting with heads of PSU banks

Financial Services Secretary Vivek Joshi on Thursday chaired a meeting with heads of Public Sector Banks (PSBs) and financial institutions, and urged them...

Insurance Samadhan launches Polifyx, a one-stop solution for customers

Insurance Samadhan, Ola unit announce collaboration for customer solutionsNew tax norm to hurt insurers; stocks attractive for the long run: AnalystsIrdai approves amendments,...

AU Small Finance Bank shares up 17% on CEO Sanjay Agarwal reappointment

BS BFSI Insight Summit 2022: SFB leaders discuss big dreams of small banksRBI okays re-appointment of Sanjay Agarwal as AU SFB's MD; stock...

India equity mutual fund inflows rise to 1-year high in March

By Bharath Rajeswaran BENGALURU (Reuters) - Inflows into Indian equity mutual funds jumped 31% sequentially to 205.34 billion rupees ($2.51 billion) in March, the...

RBI begins evaluating five potential bidders for IDBI Bank: Reports

The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in picking up a majority stake in state-owned...

‘RBI’s proposal to regulate bank penal charges could dent lenders revenues’

MUMBAI (Reuters) - The Reserve Bank of India's (RBI) proposal to discourage banks from capitalising on penal charges and additional interest loan defaults...

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