Finance news

Suryoday Small Finance Bank will focus on building a much larger base of retail deposits: R Baskar Babu, MD & CEO  The Financial ExpressThe growth has come in from retail assets, which is the new division outside microfinance, and from microfinance as well. The growth rate has been high, ...

The growth has come in from retail assets, which is the new division outside microfinance, and from microfinance as well. The growth rate has been high, predominantly because the base was much smaller.

In mobile banking volumes, SBI's FY19-end market share fell to 15.01% from 21.2% a year ago. The bank's market share in the Real Time Gross Settlement (RTGS) channel was flat at over 13%, as compared to 13.36% at the end of FY18.

Ex-staffer of finance firm booked for stealing data  Deccan HeraldA director of a private finance firm on Infantry Road has filed a police complaint against one of his ex-employees who resigned recently accusing her of stealing ...

By Pankaj Pathak As Reserve Bank of India (RBI) is going to announce its monetary policy on June 6, the street has priced for at least 25 basis points reduction in the policy repo rate. Furthermore, there is also a call for change in liquidity stance by RBI to cool off the money market which […]

Meghalaya govt seeks Rs 82,815 crore from finance commission  Business StandardThe Meghalaya Democratic Alliance (MDA) government Tuesday sought Rs 82,815 crore from the 15th Finance Commission including a pre-devolution revenue ...

COMMENT: I'm over 50 and I can't get a finance job paying more than $100k  eFinancialCareersI'm 52 years old and I've worked in both investment research for three major investment banks and a couple of independent research firms. I've worked across ...

Which coding language will get you the highest salary in finance?  eFinancialCareersIf you're thinking of learning how to code with the express purpose of getting an engineering job in a bank or a hedge fund, which coding language should you ...

The Reserve Bank will go for an unconventional 0.35 per cent cut in its key lending rate at the forthcoming review on Thursday as inflation is within its comfort range.

Exclusive | Bajaj Finance eyeing Rs 3,000 crore fund raise  Moneycontrol.comIndia's largest consumer durables and lifestyle financier Bajaj Finance has initiated exploratory talks with merchant bankers to raise funds through a qualified ...

Ashok Leyland ties up with Suryoday Small Finance Bank for vehicle loans  Moneycontrol.comThe two partners have signed an initial agreement to enter a strategic financing partnership for three years, Ashok Leyland said in a statement.

JLOs finance Rodriguez opens up after bathroom picture goes viral  Business StandardFormer Basketball player and Jennifer Lopez's fiance Alex Rodriguez seems to have moved on, a month after a photograph of him sitting on a toilet went viral on ...

Finance ministry in 'quarantine' from Monday as Budget-making exercise begins  Economic TimesAs Modi 2.0 government gets down to prepare its first Budget, North Block, which houses the Finance Ministry, will be in 'quarantine' from Monday until the ...

Opinion | Will a woman finance minister know household finances better?  LivemintIndian households need a policy and regulatory environment that encourages them to trust the financial sector.

Pacheli Industrial Finance reports consolidated net loss of Rs 0.27 crore in the March 2019 quarter  Business StandardSales rise 41.46% to Rs 1.74 crore. Net loss of Pacheli Industrial Finance reported to Rs 0.27 crore in the quarter ended March 2019 as against net profit of Rs ...

No change in last date to file annual GST return: Finance Ministry  BusinessLineHere is a list of issues to keep in mind when you file your annual returns.

[Funding alert] Bengaluru-based Avail Finance raises $9M in Series A led by Matrix Partners India  YourStoryBengaluru-based fintech platform, Avail Finance on Tuesday announced that it has raised its Series A round of financing of $9 million led by Matrix Partners ...

Budget preparations in full swing, finance ministry in quarantine mode  India TodayWith just 30 days left for the Union Budget 2019, the finance ministry is buzzing with activity as top officials plan to put together a financial plan to steer the ...

Finance ministry asks businesses to avoid last minute rush in GST return filing  LivemintNew Delhi: The finance ministry on Tuesday asked businesses to file their Goods and Services Tax (GST) annual return for FY18 before the 30 June deadline to ...

The development comes at a trying time for India’s shadow banks, which lend to everyone from poor entrepreneurs getting micro loans for food delivery businesses to property tycoons looking to roll over debt.

Short-term courses in finance in India  India TodayThe bottom line -- those with a University degree in finance often find that the knowledge gained through successfully completing the designation brings a sense ...

Manappuram Finance hits fresh all-time high; surges over 50% in 2019  Business StandardShares of Manappuram Finance hit a new high of Rs 141, up 5 per cent on the BSE in intra-day trade on Tuesday on the back of heavy volumes in an otherwise ...

Avail Finance gets $ 9 million from Matrix Partner  Times of IndiaBENGALURU: Blue-collar workforce focused financial technology startup Avail Finance has raised $ 9 million from venture capital firm Matrix Partners India.

Avail Finance gets $9 million more from Matrix  Economic TimesBENGALURU: Lending startup Avail Finance has raised $9 million in a second round of equity funding from Matrix Partners India. The startup, founded by ...

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.

A revolutionary treatise goes on the block - The first folio of finance  The EconomistThe 15th-century guide to book-keeping enabled the rise of modern corporations.