Finance news

American Cycle Finance Named Official Motorcycle Finance Company of AFT  Cycle NewsAmerican Flat Track announced a new 2019 partnership with American Cycle Finance, the official Motorcycle Finance Company of American Flat Track.

Finance Ministry prepares 100-day agenda for new government; focus on boosting economy, investment  ABP LiveWith the Lok Sabha election process coming to an end, the finance ministry has prepared 100-day agenda for the new government with an aim to push the ...

Its profit in the year-ago period stood at Rs 953 crore.

Finance teams fail to realize the full value of shared services: Gartner Survey  Moneycontrol.com51% of shared-*service* users in finance departments either do not accept or are indifferent to the benefits of these services.

The central bank feels that cash crunch is not a sector-specific phenomenon but limited to few large NBFCs which have over-leveraged due to aggressive lending.

ADB to extend $750-mn long-term finance to IRFC for track electrification project  BusinessLineAsian Development Bank (ADB) has signed an agreement to provide long-term financing of $750 million equivalent in Indian rupees — the largest single ...

The government is planning to merge Punjab National Bank with two other PSU banks -- Oriental Bank of Commerce and Andhra Bank after the new administration is in place following the 2019 Lok Sabha elections, Reuters reported.

Buy Indostar Capital Finance, target Rs 520: HDFC Securities  Economic TimesIndostar Capital Finance is a midcap company, operating in finance sector.

HDFC to sell 4.2% stake in Gruh Finance on June 14: Report  MoneycontrolThe stake sale may be done at a floor price of Rs 290 per share. The base deal size is expected to be around three crore shares with an upsize option.

Dewan Housing Finance sinks on reports of deposit curbs  BusinessLineDHFL has been under scrutiny since a media outlet alleged in January that it diverted loans from Indian state-run lenders to shell companies.

Bajaj Finance more precious than banks for investors  LivemintBajaj Finance has cracked the code in consumer lending.Its cost of funds is higher than banks but it has superior margins.