Finance news

Indian Bank saw the steepest climb in write-offs that jumped 672% y-o-y to Rs 1,258 cr.

The Reserve Bank Monday relaxed norms for external commercial borrowings (ECBs) by reducing the mandatory hedging provision to 70 per cent from the current 100 per cent.

A portal for processing interest subvention on bank loans to beneficiaries under the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission was launched by the Ministry of Housing and Urban Affairs here on Monday.

PCE was introduced in 2015 to help NBFCs and HFCs raise capital from insurance and provident or pension funds, which invest only in highly-rated instruments. The RBI allowed the banks to provide PCE to NBFC bonds earlier this month.

The government will infuse Rs 42,000 crore in the state-owned banks by March-end and the next tranche would be released as early as next month, a senior finance ministry official said Monday.

How to unlock the finance needed for integrated landscape approaches  Daily Planet`Why integrated landscape approaches matter and how to unlock the public and private finance they need today, for tomorrow. We have just “11 more harvests” ...

Sell Shriram Transport Finance, target Rs 1120: Dinesh Rohira  Moneycontrol.comThe scrip formed a solid bearish candlestick pattern on both daily and weekly price chart, and therefore indicating a sustained pressure on scrip which will keep ...

Last week, the Mumbai-based trade association for outsourcers of cash machines CATMi said that changes in the regulatory landscape have made the business unviable and they could lead to shutting down of 50% of the country's ATMs by March next year.

Global Climate Finance Flows Increased: UN  The Weather ChannelThe global climate finance flows have increased with a bulk of it continuing to go towards efforts to curb greenhouse gas emissions, the UN Climate Change ...