Finance news

HDFC Bank on Thursday reduced the marginal cost-based lending rate (MCLR) for two- and three-years tenors by 5 basis points to 8.85% and 9% respectively, according to the lender’s website.

The Cibil data show 8.6 million new-to-credit women borrowers are opening new loan accounts per year. Loans against gold led at 56.4 million accounts, though demand dropped by 13% in 2018, followed by business loans.

L&T Finance closes NCS issue on second day, raises Rs 2228 cr  Business StandardL&T Finance Holdings on Thursday announced early closure of its bond issue following a 4.5 times oversubscription, raising a little over Rs 2,228 crore.

BC's Most Influential Women in Finance  BCBusinessFor Kai Li, a finance professor at UBC Sauder School of Business, it's become a familiar sight. In a typical year, about 50 percent of the school's commerce ...

The Genius Way Amazon Finance Its Growth  Seeking AlphaA comprehensive analysis why Amazon should be valued based on cash flow. How Amazon generates its cash flow. Pushing suppliers is key for Amazon.

Arbor, ArborCrowd Team Up to Finance $50M Multifamily Portfolio  Commercial ObserverArbor Commercial Mortgage and ArborCrowd have teamed up to finance Tzadik Management's multifamily portfolio in Sioux Falls, S.D..

It can be noted that the modus operandi of over Rs 13,000 crore fraud at state-run Punjab National Bank, allegedly perpetrated by diamond traders Nirav Modi and Mehul Choksi, rested on the abuse of the Swift system.

Non-Standard Finance Responds To Regulator Concerns Over Provident Bid  MorningstarLONDON (Alliance News) - Non-Standard Finance PLC on Thursday reiterated its transformation plan for fellow sub-prime lender Provident Financial PLC after ...

Democratize Finance, Euthanize the Fossil Fuel Industry  Jacobin magazineThe Green New Deal won't get far if it's left hostage to the whims of private finance. We need to set up public banks and democratize the Federal Reserve.

AYE Finance raises Rs 233 crore in equity funding led by Falcon Edge  Business StandardAYE Finance, a new age startup that provides loans to small businesses, has raised Rs 233.62 crore in a series D equity funding from led by New York-based ...

L&T Finance closes NCD issue on second day, raises Rs 2,228 crore  Economic TimesMumbai: L&T Finance Holdings Thursday announced early closure of its bond issue following a 4.5 times oversubscription, raising a little over Rs 2,228 crore.

Personal finance expert Jean Chatzky warns women: 'We are sabotaging our financial security'  Yahoo FinanceOn the eve of International Women's Day, personal finance journalist Jean Chatzky says she worries about a paradox at the heart of women's investing habits: ...

Malaysia: Domestic Finance Watchdog Seeks Public Feedback on ICO Regulatory Framework  CointelegraphNews. The Securities Commission Malaysia (SC) has issued two consultation papers seeking public feedback on the regulatory frameworks for initial coin ...

Private banks take lead in race for deposits against the public sector banks (PSBs) as robust loan growth requires them to focus more on deposit share, a report said.

An Indian view from Wall Street on women in finance  Economic TimesShe took a leap of faith from Dalal Street to Wall Street to manage some key initiatives at S&P DJI. Alka Banerjee shares her views on how hard it is to stay ...

RattanIndia Finance adds personal loans to its product suite  Business StandardRattanIndia Finance, the flagship financial services arm of RattanIndia Group announced the launch of its personal loans offering for salaried customers. Its retail ...

Buy Bajaj Finance, target Rs 3,100: Jefferies  Economic TimesJefferies Group has a buy call on Bajaj Finance with a target price of Rs 3,100. The current market price of Bajaj Finance is Rs 2,751.05. Time period given by ...

Scaling small businesses with alternative finance  Economic TimesAlthough some platforms are still actively working, there is no proper regulatory framework for equity-based crowd funding and has remained as a grey area ...

Finance officials specify tax reduction measures  CGTNChina will continue to relieve pressure on enterprises through tax and fee reductions, Liu Kun, the country's finance minister said at a press conference during ...

Ashish Chaturmohta on March 7: Buy L&T Finance, DCB Bank & SRF  CNBCTV18The latest analysis and commentary by stock market guru Ashish Chaturmohta of Sanctum Wealth Management on what is moving the markets today.Get latest ...

The top court in September halted proceedings against power, sugar and shipping companies after they challenged the Reserve Bank of India’s rules.