Finance news

Fresh loans sanctioned by banks and financial institutions towards long-term infrastructure projects in FY18 was at 2.4% of the total loans sanctioned

ank of India on Thursday said it is looking to raise at least Rs 400-500 crore from sale of a non-core asset by end-March, a top bank official said.

A level-playing field: democratising poll finance  Deccan HeraldWith the general elections already announced, it is crucial to highlight an aspect of finance that is not frequently given the spotlight it rightly deserves. Yes, I'm ...

A level-playing fiel | Democratising poll finance  Deccan HeraldWith the general elections already announced, it is crucial to highlight an aspect of finance that is not frequently given the spotlight it rightly deserves. Yes, I'm ...

Access to data imperative for fintech growth: Finance Secratary  Economic TimesOur aim is to not just create a data protection bill but to create a data usage bill,” Garg said.

IDBI Bank has been under the prompt corrective action framework of RBI that bans it from corporate lending and branch expansions, salary hikes and other regular activities.

RBI Governor Das to meet heads of Small Finance Banks on March 15  Moneycontrol.comReserve Bank of India (RBI) Governor Shaktikanta Das will hold a meeting with heads of Small Finance Banks on March 15 to discuss their participation in ...

German Chip Maker Infineon Names Finance Chief  Wall Street JournalGerman semiconductor manufacturer Infineon Technologies on Thursday appointed Sven Schneider as its new finance chief, a move that comes as the industry ...

Tesla (TSLA) appoints new CFO and CAO in finance team shakeup  ElectrekTesla (TSLA) already announced in January that its longtime Chief Financial Officer (CFO) Deepak Ahuja is going to be leaving and be replaced by another ...

Expect some shortfall in FY19 indirect tax collection target, says Finance Secretary  Moneycontrol.comAs per revised estimates, the government had pegged indirect tax collections at Rs 1.3 lakh crore and direct tax collections at Rs 12 lakh crore.

South African wool finance and price concerns impact Australian market  Sheep CentralAUSTRALIAN wool prices fell further this week, hit by quality and global finance concerns, and exchange rate impacts. The AWEX Eastern Market Indicator fell ...

Finance Is Still Excluding Women  BloombergQuint(Bloomberg Opinion) -- The second annual report on the Women in Finance Charter, an initiative sponsored by the U.K. Treasury to redress gender imbalance in ...

Book notes: Finance and philosophy, by Alex J Pollock  Central BankingReadable and useful book that provides much food for thought, and should be read widely by economists and policy-makers.

One-fifth of Americans say they have zero savings  AOLAbout 21% of working Americans said they aren't saving any money at all, Bankrate found in a survey.

Wharton School establishes the Stevens Center for Innovation in Finance  Penn: Office of University CommunicationsThe Wharton School announced the establishment of the Stevens Center for Innovation in Finance with the support and partnership of 1991 undergraduate ...

Open Letter to Developers: How to Navigate Solar-Plus-Storage Project Finance  Greentech Media NewsEnergy storage is on track to become a billion-dollar annual industry in the next three to five years, while many solar developers view it as the next viable growth ...

In a filing to exchanges, Jet Airways had earlier clarified it has not received any fresh loan from PNB.

The bank's managing director and CEO Dinabandhu Mohapatra told reporters Thursday the process to sell non core asset is on and the bank has already floated request for proposals (RFPs).

Bandhan Bank Gets RBI Nod To Acquire Gruh Finance  BloombergQuintBandhan Bank Ltd. on Friday said it has received no objection from the Reserve Bank of India for the proposed acquisition of Gruh Finance.

For Cybersecurity Best Practice, Look to the Finance Industry  Regulation AsiaSecurity expert Pieter Danhieux discusses how firms can improve culture, training programmes and coding practices, to help the financial industry maintain ...

5 Distinctive Platforms that Provide Smooth Finance Resource for MSME  DATAQUESTEmerging FinTech platforms have been successful in bridging the gap between lenders and borrowers, thus helping the MSME sector.

US college admissions scandal ensnares giants of finance and law  LivemintWilliam E. McGlashan Jr. was sitting on Richard Branson's private island several years ago when the idea first struck him: He would create a new venture capital ...

Seeing a revival in housing sector: LIC Housing Finance  Moneycontrol.com"I feel that demand will pick up and the growth rates should pick up for the sector as a whole, not only for our company," said Vinay Sah, CEO of LIC Housing ...

Muthoot Finance hits new high; surges 26% in five-weeks post Q3 results  Business StandardShares of Muthoot Finance continued their upward journey, hitting new high of Rs 612, up 3.3 per cent on the BSE in intra-day trade on Thursday on expectation ...

Sweden's Trine Helps Finance Greenlight Planet's Off-Grid Solar Projects in India  Mercom IndiaTrine, a Swedish investment company that enables individuals to invest sustainably, and Greenlight Planet, a provider of off-grid solar products, have.

Sudarshan Sukhani on March 14: Buy Bajaj Finance, Pidilite, UPL; sell Coal India & Tata Chemicals  CNBCTV18The latest analysis and commentary by stock market guru Sudarshan Sukhani on what is moving the markets today. He shared his views and readings on Bajaj ...

Finance sector expects weaker job gains in Q2  Singapore Business ReviewIt was one of the two sectors that have weaker hiring prospects in the upcoming quarter. Employers in Singapore's finance, insurance, & real estate sector expect ...

360 Finance to Announce Fourth Quarter and Fiscal Year 2018 Unaudited Financial Results on March 20, 2019  PRNewswireBEIJING, March 13, 2019 /PRNewswire/ -- 360 Finance, Inc. (QFIN) ("360 Finance" or the "Company"), a leading digital consumer finance platform and the ...

House GOP school finance plan eliminates two years of funding boost  Pratt TribuneHouse Republicans have crafted a public school finance plan that would wipe out the final two years of funding put in place by last year's Legislature to comply ...

Dongzheng Automotive Finance seeks USD428m in Hong Kong IPO  Macau Daily TimesShanghai Dongzheng Automotive Finance Co., which specializes in loans for luxury cars, is seeking to raise as much as USD428 million in a Hong Kong initial ...

Our view: State must fix school finance no matter how long it takes  LubbockOnline.comIt came down to the wire, but the Texas Senate unveiled its school finance package last Friday, a few hours before the midnight deadline and a few specific ...

Old Lyme finance board approves over $50000 toward development study  theday.comOld Lyme — The Board of Finance on Tuesday unanimously approved to budget approximately $52,000 toward an economic development study and analysis ...

Boeing grounds entire 737 MAX fleet  DW (English)All of Boeing's best-selling planes have now been grounded since the crash of an Ethiopian Airlines flight. Earlier, President Donald Trump announced an ...

College Admission Scandal’s Other Big Names Are Titans of Finance and Law  The New York TimesHollywood stars were the headline figures facing charges. But other wealthy parents accused of seeking an edge for their children may have careers more easily ...

Ravenna discovers elected finance directors are hard to find  Record-CourierRavenna voters may soon face a charter change on the November ballot, which would ask if the decision of choosing the city's finance director should be taken ...

Finance companies fined $103500 for using fridges, beds as security in loan contracts  Stuff.co.nzTwo Christchurch finance companies have been fined $103,500 for taking security interests over prohibited consumer goods including washing machines, ...