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Finance news

  • Unanswered questions about global finance - Business Standard

    03-06-2019 22:21 via business-standard.com
    Unanswered questions about global finance  Business StandardRead more about Unanswered questions about global finance on Business Standard. While the FSB appears sanguine that the exposure of commercial banks ...
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  • Future push: RBI panel expects 10-fold growth in digital payments

    03-06-2019 21:47
    Future push: RBI panel expects 10-fold growth in digital payments
    In order to ensure that a willing customer is able to carry out financial transactions digitally, the committee recommended that each merchant supports at least one digital mode from among BharatQR, UPI QR or cards.
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  • Rupee Coop Bank gets another extension from RBI till Aug 31

    03-06-2019 20:47
    Rupee Coop Bank gets another extension from RBI till Aug 31
    Rupee Bank has submitted merger proposal to Maharashtra State Cooperative Bank (MSC Bank).
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  • Fitch downgrades ICICI Bank, Axis Bank rating by a notch as financial health weakens

    03-06-2019 19:13
    Fitch downgrades ICICI Bank, Axis Bank rating by a notch as financial health weakens
    Global rating agency Fitch said Monday it has downgraded ICICI Bank by a notch as financial health of the private sector banks has weakened.
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  • Bank fraud touches unprecedented Rs 71,500 crore in 2018-19: RBI

    03-06-2019 18:22
    Bank fraud touches unprecedented Rs 71,500 crore in 2018-19: RBI
    Over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore have been reported in 2018-19, the Reserve Bank of India has said.
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  • Dip in oil prices, stable rupee indicate signs of growth: Finance Secretary - Business Standard

    03-06-2019 16:40 via business-standard.com
    Dip in oil prices, stable rupee indicate signs of growth: Finance Secretary  Business StandardDeclining global oil prices, stable rupee and falling interest rate are sure signs of high growth in coming months, said Finance Secretary Subhash Chandra Garg.
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  • Uttarakhand Finance Min Prakash Pant passes away in US while undergoing treatment - The News Minute

    03-06-2019 15:31 via thenewsminute.com
    Uttarakhand Finance Min Prakash Pant passes away in US while undergoing treatment  The News MinuteUttarakhand Finance Minister Prakash Pant, who was battling with cancer for some time, passed away in Texas in the United States of America on Wednesday.
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  • Finance Billionaire Ken Griffin’s Citadel Securities Trading Firm Is On A Silicon Valley Hiring Binge - Forbes

    03-06-2019 15:10 via forbes.com
    Finance Billionaire Ken Griffin’s Citadel Securities Trading Firm Is On A Silicon Valley Hiring Binge  ForbesStuart Feldman, who has played a prominent role in the tech industry, has become a senior advisor at Citadel Securities.
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  • 9 Women in Finance to Follow on Twitter | Investing 101 - U.S. News & World Report

    03-06-2019 15:02 via money.usnews.com
    9 Women in Finance to Follow on Twitter | Investing 101  U.S. News & World ReportConsider these experts when you're looking for who to follow on Twitter.
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  • Ministry of Finance Recruitment 2019: Apply for the post of Managing Director - News Track English

    03-06-2019 14:32 via english.newstracklive.com
    Ministry of Finance Recruitment 2019: Apply for the post of Managing Director  News Track EnglishFinance Ministry - Financial Services Department, Delhi Government can apply for the vacant posts of Managing Director, eligible and qualified candidates can apply for this job by 24-6-2019. Explain that this is the last date for applying. Apply for this job as soon as possible. The last date for applying for eligible job candidates, application fee, job selection process, age limit for job
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  • Licensed Trade Charity - Director of Finance job with Licensed Trade Charity | 908779 - Accountancy Age

    03-06-2019 14:02 via accountancyage.com
    Licensed Trade Charity - Director of Finance job with Licensed Trade Charity | 908779  Accountancy AgeLicensed Trade Charity - Director of Finance in Fully qualified, Public sector / NGO, Finance Manager with Licensed Trade Charity. Apply Today.
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  • Mehta Integrated Finance standalone net profit declines 83.33% in the March 2019 quarter - Business Standard

    03-06-2019 13:51 via business-standard.com
    Mehta Integrated Finance standalone net profit declines 83.33% in the March 2019 quarter  Business StandardSales reported at Rs -0.03 crore. Net profit of Mehta Integrated Finance declined 83.33% to Rs 0.02 crore in the quarter ended March 2019 as against Rs 0.12 ...
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  • Personal Finance Queries For The Day (03-06-2019) - Outlook India

    03-06-2019 13:42 via outlookindia.com
    Personal Finance Queries For The Day (03-06-2019)  Outlook IndiaPersonal finance queries responded by industry & subject-matter experts.
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  • How Drip Capital Is Bridging The Trade Finance Gap & Empowering SMEs - Inc42 Media

    03-06-2019 13:30 via inc42.com
    How Drip Capital Is Bridging The Trade Finance Gap & Empowering SMEs  Inc42 MediaSmall businesses account for 40% of exports from emerging markets worldwide, but they are often overlooked by banks, which are more comfortable dealing with established corporate customers. Banks often demand collateral, excessive documentation, and guarantees that are difficult to procure for Small and Medium Enterprises (SMEs) who, as a result, do not get the credit they need to scale their business.
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  • Hopes of cheaper finance, consumption growth to propel equities - The Sentinel Assam

    03-06-2019 13:26 via sentinelassam.com
    Hopes of cheaper finance, consumption growth to propel equities  The Sentinel AssamProspects of cheaper finance along with a liquidity boost from the apex bank will sustain the uptrend in equity markets during the coming week,
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  • RBI approves appointment of Rakesh Makhija as chairman of Axis Bank

    03-06-2019 12:56
    RBI approves appointment of Rakesh Makhija as chairman of Axis Bank
    Axis Bank Monday said the Reserve Bank of India (RBI) has approved appointment of Rakesh Makhija as chairman of the bank.
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  • KKR Real Estate Finance Trust Inc. Closes Two Senior Loans Totaling $602.5 Million - Yahoo Finance

    03-06-2019 12:00 via finance.yahoo.com
    KKR Real Estate Finance Trust Inc. Closes Two Senior Loans Totaling $602.5 Million  Yahoo FinanceKKR Real Estate Finance Trust Inc. today announced the Company closed two floating-rate senior loans totaling $602.5 million since the May 1st earnings ...
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  • Green Stream Finance, Inc. Announces Symbol Change and Provides Update on Recent Company Milestones - GlobeNewswire

    03-06-2019 12:00 via globenewswire.com
    Green Stream Finance, Inc. Announces Symbol Change and Provides Update on Recent Company Milestones  GlobeNewswireLOS ANGELES, June 03, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – Green Stream Holdings Inc. (OTC: GSFI) operating as a holding company of Green ...
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  • Jindal Poly Investment & Finance Company reports standalone net loss of Rs 391.81 crore in the March 2019 quarter - Business Standard

    03-06-2019 11:30 via business-standard.com
    Jindal Poly Investment & Finance Company reports standalone net loss of Rs 391.81 crore in the March 2019 quarter  Business StandardReported sales nil. Net Loss of Jindal Poly Investment & Finance Company reported to Rs 391.81 crore in the quarter ended March 2019 as against net loss of ...
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  • Nevada Copper closes $115m finance for Pumpkin Hollow - Creamer Media's Mining Weekly

    03-06-2019 11:24 via m.miningweekly.com
    Nevada Copper closes $115m finance for Pumpkin Hollow  Creamer Media's Mining WeeklyTSX-listed copper developer Nevada Copper has reached financial close for a previously announced $115-million credit facility with KfW IPEX-Bank. The net ...
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  • Betting on consumption & finance | Ritesh Chandra to ET NOW - Times Now

    03-06-2019 09:39 via timesnownews.com
    Betting on consumption & finance | Ritesh Chandra to ET NOW  Times NowBullish on food and apparels as consumers tend to spend more on it. There has been a shift from unbranded to branded products, says Ritesh Chandra of Avendus Future Leaders Fund. Watch him talk on consumer space companies in India.
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  • Asia's maturing role in green and sustainable finance - The Asset

    03-06-2019 09:12 via esg.theasset.com
    Asia's maturing role in green and sustainable finance  The AssetQueried on how he views the slew of green bonds emanating out of China, Reznick is guarded. “China's had a very big green bond market for a few years now, ...
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  • "Finance Minister Must Find Solution To Economic Crisis": Shiv Sena - NDTV News

    03-06-2019 09:11 via ndtv.com
    "Finance Minister Must Find Solution To Economic Crisis": Shiv Sena  NDTV NewsBJP's ally Shiv Sena today asked Finance Minister Nirmala Sitharaman to find a solution to the "economic crisis", citing the latest official data on slumping growth and rising unemployment. Shiv Sena's comments came after the NSSO report, released on May 31, showed the GDP growth rate plunging to 5.8 per cent during the January to March quarter of the financial year 2018-19. In its party mouthpiece "Saamana"
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  • Can blue finance save the oceans? | News - Eco-Business

    03-06-2019 09:06 via eco-business.com
    Can blue finance save the oceans? | News  Eco-BusinessConservation could be on the verge of a blue revolution. This year there is growing talk about using entrepreneurial finance to capture atmospheric carbon in ...
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  • L&T Finance Holdings allots 63.70 lakh Preference Shares - Business Standard

    03-06-2019 08:32 via business-standard.com
    L&T Finance Holdings allots 63.70 lakh Preference Shares  Business StandardRead more about L&T Finance Holdings allots 63.70 lakh Preference Shares on Business Standard. On private placement basis.
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  • KKR may enter control deal with Svakarma Finance; Paytm likely to buy Coverfox - VCCircle

    03-06-2019 08:29 via vccircle.com
    KKR may enter control deal with Svakarma Finance; Paytm likely to buy Coverfox  VCCircleUS-based private equity investor KKR & Co. will pay $50 million (Rs 347 at current exchange rate) to buy a controlling stake.
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  • Three personal finance myths busted - Hindustan Times

    03-06-2019 07:39 via hindustantimes.com
    Three personal finance myths busted  Hindustan TimesHow many times have you been told that if an item is more expensive, it is of better quality and will last longer? While this may stand true in case of certain ...
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  • MSME sector expects cheaper finance, incentives in budget - CNBCTV18

    03-06-2019 07:18 via cnbctv18.com
    MSME sector expects cheaper finance, incentives in budget  CNBCTV18The industry body has proposed to the Finance Ministry to re-introduce some of the pre-GST era incentives and provide cheaper finance to meet capex and ...
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  • High finance cost subdues May's automobile sales - Moneylife

    03-06-2019 06:54 via moneylife.in
    High finance cost subdues May's automobile sales  MoneylifeBase effect, along with high finance cost and liquidity constraints continued to subdue automobile sales in May.
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  • Is innovation in finance a good thing? - Top1000funds.com

    03-06-2019 06:41 via top1000funds.com
    Is innovation in finance a good thing?  Top1000funds.comInnovation is usually viewed by economists as a productivity-enhancing force, powering economic growth in modern capitalist societies. But damage can also be ...
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  • Is Hong Kong Finance Investment Holding Group Limited's (HKG:7) CEO Being Overpaid? - Yahoo Finance

    03-06-2019 06:13 via finance.yahoo.com
    Is Hong Kong Finance Investment Holding Group Limited's (HKG:7) CEO Being Overpaid?  Yahoo FinanceWant to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Say Chui is the CEO of Hong Kong ...
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  • Viji Finance reports standalone net loss of Rs 0.14 crore in the March 2019 quarter - Business Standard

    03-06-2019 05:17 via business-standard.com
    Viji Finance reports standalone net loss of Rs 0.14 crore in the March 2019 quarter  Business StandardSales decline 75.94% to Rs 0.32 crore. Net loss of Viji Finance reported to Rs 0.14 crore in the quarter ended March 2019 as against net profit of Rs 0.63 crore ...
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  • Proposals to reform UK student finance would reverse social mobility - Financial Times

    03-06-2019 05:00 via ft.com
    Proposals to reform UK student finance would reverse social mobility  Financial TimesThe Augar review of post-18 education in the UK represents much that has gone wrong in British politics. It was an unnecessary abdication of responsibility by policymakers, wasting the best part of two years. It largely reinvented the wheel on further education recommendations already proposed by the Department for Education. And in higher education, the overriding objective of the review panel should
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  • Top trading ideas by Devang Shah: Buy L&T Finance, Tata Global, Cummins - Business Standard

    03-06-2019 03:56 via business-standard.com
    Top trading ideas by Devang Shah: Buy L&T Finance, Tata Global, Cummins  Business StandardThe short-term outlook for the market remains positive till Nifty trades above 10940 levels.
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  • Repco Home Finance Limited (NSE:REPCOHOME): Is Growth Priced In? - Simply Wall St

    03-06-2019 03:21 via simplywall.st
    Repco Home Finance Limited (NSE:REPCOHOME): Is Growth Priced In?  Simply Wall StRepco Home Finance Limited (NSE:REPCOHOME) is a stock well-positioned for future growth, but many investors are...
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  • PSB banks bailout: Rs 2.5 lakh cr pumped in, yet Rs 4 lakh cr M-cap loss

    03-06-2019 03:18
    PSB banks bailout: Rs 2.5 lakh cr pumped in, yet Rs 4 lakh cr M-cap loss
    Outcome of large insolvency cases crucial, fresh risks from exposures to agri, realty, NBFCs
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  • Allahabad Bank looks to recover Rs 2,000 crore bad loans per quarter

    03-06-2019 03:18
    Allahabad Bank looks to recover Rs 2,000 crore bad loans per quarter
    In the March quarter last fiscal, fresh slippages stood at `2,819.40 crore, out of which agriculture and MSME contributed 31.44% and 28.03%, respectively.
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  • NPA crisis: PSU banks staring at yet another spike in bad loans

    03-06-2019 03:17
    NPA crisis: PSU banks staring at yet another spike in bad loans
    Outcome of large insolvency cases crucial, fresh risks from exposures to agri, realty, NBFCs
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  • Family finance: Why Singhs need to buy life, health insurance at the earliest - Economic Times

    03-06-2019 03:00 via economictimes.indiatimes.com
    Family finance: Why Singhs need to buy life, health insurance at the earliest  Economic TimesSinghs' goals include building an emergency corpus, buying a house, and saving for an annual vacation, kids weddings and retirement.
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  • Union Finance Minister Nirmala Sitharaman to present Union Budget on July 5 - Indiainfoline

    03-06-2019 02:36 via indiainfoline.com
    Union Finance Minister Nirmala Sitharaman to present Union Budget on July 5  IndiainfolineThe first session of the 17th Lok Sabha will be held from June 17 to July 26 with the speaker scheduled to be elected on June 19.
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  • KKR set to buy NBFC Svakarma Finance - Times of India

    03-06-2019 00:30 via timesofindia.indiatimes.com
    KKR set to buy NBFC Svakarma Finance  Times of IndiaMadhav Chanchani | TNN Mumbai: Storied American investor KKR & Co is acquiring a majority stake in Mumbai-based non-banking finance company (NBFC) Svakarma Finance, set up by former Citibank executives in 2017 including Vivek Vig and Kalpana Iyer, who headed the microfinance business for the bank. KKR is committing $50 million to pick up a controlling interest as well as for recapitalising the company, people directly aware of the
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