Finance news

RBI waives NEFT, RTGS payment charges to promote digital transactions

06-06-2019 23:25

The RBI has been levying charges ranging between Rs 2.5 and Rs 25 on banks for transactions routed through the NEFT system, depending on the value of the transaction.

Monetary policy: Growth concerns drive monetary easing, RBI stance

06-06-2019 23:19

All six MPC members voted unanimously for the rate cut and along with a shift in stance to ‘accommodative’ from ‘neutral’.

RBI may cut policy rate by 25 bps again in August

06-06-2019 23:03

The MPC’s acknowledgement of the need to address the slowing growth strengthens the case for another cut

How online loans like Affirm and Afterpay really work—and should you ever use them - CNBC

06-06-2019 22:02 via cnbc.com

How online loans like Affirm and Afterpay really work—and should you ever use them CNBCPoint-of-sale loans from Affirm, Afterpay and other companies allow customers to buy products now and pay later, typically over monthly installments.

What to Watch at the G-20 Finance Meetings This Weekend - Bloomberg

06-06-2019 22:00 via bloomberg.com

What to Watch at the G-20 Finance Meetings This Weekend BloombergCentral banks are coming to the rescue and the trade war is topic number one. Those are among the early themes emerging from talks as finance and central ...

Here's What to Watch at the G-20 Finance Meetings This Weekend - Bloomberg

06-06-2019 22:00 via bloomberg.com

Here's What to Watch at the G-20 Finance Meetings This Weekend BloombergRisks from the U.S.-China trade war and an expected turn in global monetary policy will feature high on the agenda as finance and central banking chiefs from ...

Regulator to allow ‘on-tap’ licences for small finance banks - Livemint

06-06-2019 21:14 via livemint.com

Regulator to allow ‘on-tap’ licences for small finance banks LivemintMUMBAI: The Reserve Bank of India on Thursday said it will begin accepting licence applications for small finance banks all through the year, with draft ...

Secretary of State keynote: UK Trade and Export Finance Forum - GOV.UK

06-06-2019 18:46 via gov.uk

Secretary of State keynote: UK Trade and Export Finance Forum GOV.UKSpeech delivered by the Secretary of State for International Trade, Dr Liam Fox, at the 2019 UK Trade and Export Finance Forum.

Arcutis, Inc. Appoints Scott Burrows as Vice President, Finance - Yahoo Finance

06-06-2019 18:30 via finance.yahoo.com

Arcutis, Inc. Appoints Scott Burrows as Vice President, Finance Yahoo FinanceWESTLAKE VILLAGE, CA / ACCESSWIRE / June 6, 2019 / Arcutis, Inc ., a privately held immuno-dermatology drug development company addressing ...

Finance: Save for college with a 529 plan - Alexandria Times

06-06-2019 17:48 via alextimes.com

Finance: Save for college with a 529 plan Alexandria TimesBy Shawn McLaughlin Graduation season is here. It's a time to celebrate milestones for students of all ages, from pre-Kindergarten to graduate school – a.

Discover's finance chief to retire next year - American Banker

06-06-2019 17:15 via americanbanker.com

Discover's finance chief to retire next year American BankerDiscover Financial Services said Thursday that Chief Financial Officer Mark Graf plans to retire next year and that a search has begun for his successor.

Promotional Feature | Let's talk finance - Packaging News

06-06-2019 17:13 via packagingnews.co.uk

Promotional Feature | Let's talk finance Packaging NewsClose Brothers Asset Finance has been serving the print industry for over 30 years.

Sustainable financing can no longer operate as a niche, German finance expert says - EURACTIV

06-06-2019 16:43 via euractiv.com

Sustainable financing can no longer operate as a niche, German finance expert says EURACTIVIn an interview with EURACTIV Germany, Deutsche Börse Group's head of sustainability management, Kristina Jeromin, spoke about the increasing involvement ...

'On tap' licensing for small finance banks under study - Economic Times

06-06-2019 16:05 via economictimes.indiatimes.com

'On tap' licensing for small finance banks under study Economic TimesRBI to issue ‘on tap’ licence guidelines on small finance banks in August 2019 BusinessLineRBI to issue on tap licence guidelines on small finance banks in August The Financial ExpressRBI to consider 'on tap' licensing for small finance banks Moneycontrol.comRBI to issue on tap licence guidelines on small finance banks in Aug Zee BusinessView full coverage on Go

Earn high returns on Bajaj Finance Fixed Deposit in a Low Repo Rate Regime - Business Standard

06-06-2019 15:46 via business-standard.com

Earn high returns on Bajaj Finance Fixed Deposit in a Low Repo Rate Regime Business StandardIn yet another surprise move, the RBI has cut repo rate by 25 basis points to 5.75 per cent from 6 per cent. This announcement made today, as a part of the ...

Modi needs $190 billion bank cleanup to revive economic growth

06-06-2019 15:21

Reforms meant to clean up $190 billion of stressed bank loans will be crucial to reviving economic growth during Narendra Modi’s second term as prime minister.

Budget 2019 Quarantine: Know date, details of Finance Ministry’s budget-making exercise - The Financial Express

06-06-2019 14:20 via financialexpress.com

Budget 2019 Quarantine: Know date, details of Finance Ministry’s budget-making exercise The Financial ExpressDuring this phase, visitors as well as media persons can not get access to the Finance Ministry as it will get down to prepare for the India Budget 2019-20.

Germany launches sustainable finance council to leverage climate action - Clean Energy Wire

06-06-2019 14:18 via cleanenergywire.org

Germany launches sustainable finance council to leverage climate action Clean Energy WireAt its first meeting, the new council on sustainable finance established by Germany's government deliberated how the country's financial sector can better ...

London Capital & Finance administrators in legal bid for control of bondholders’ £237 million assets - Evening Standard

06-06-2019 13:19 via standard.co.uk

London Capital & Finance administrators in legal bid for control of bondholders’ £237 million assets Evening StandardAdministrators to collapsed bond firm London Capital & Finance today claimed an organisation with close links to former directors of the firm was trying to wrest ...

Bankers, finance players hail RBI repo rate cut, hope consumer demand gets a boost - The Asian Age

06-06-2019 13:11 via asianage.com

Bankers, finance players hail RBI repo rate cut, hope consumer demand gets a boost The Asian AgeOn NBFC crisis, Shaktikanta Das said that RBI is closely monitoring situation and there is ample liquidity in market.

Dalmia Group, Nisus Finance join hands to float real estate fund - VCCircle

06-06-2019 12:48 via vccircle.com

Dalmia Group, Nisus Finance join hands to float real estate fund VCCircleDalmia Group and property investment firm Nisus Finance Services Co. Pvt. Ltd (NiFCO) have teamed up to float a real estate-focussed.

SFIO Reveals How The Finance Arm Of IL&FS Managed To Delay The Group’s Eventual Default - BloombergQuint

06-06-2019 12:34 via bloombergquint.com

SFIO Reveals How The Finance Arm Of IL&FS Managed To Delay The Group’s Eventual Default BloombergQuintThe stress at IL&FS could have come to light at least three years earlier had its non-bank lending arm IL&FS Financial Services Ltd. chosen to restrict lending to ...

St Étienne looking to finance summer window activity with sale of William Saliba - Get French Football News

06-06-2019 12:07 via getfootballnewsfrance.com

St Étienne looking to finance summer window activity with sale of William Saliba Get French Football NewsL'Équipe claim this morning that Ligue 1 side St Étienne are looking to finance their upcoming summer transfer window activity through the sale of 18-year-old ...

RBI to issue on tap licence guidelines on small finance banks in August

06-06-2019 10:35

The RBI in its statement on developmental and regulatory policies said it was notified in the Guidelines for Licensing of "Payments Banks" and "Small Finance Banks" in the private sector on November 27, 2014.

Buy Repco Home Finance; target of Rs 592: HDFC Securities - Moneycontrol.com

06-06-2019 10:27 via moneycontrol.com

Buy Repco Home Finance; target of Rs 592: HDFC Securities Moneycontrol.comHDFC Securities is bullish on Repco Home Finance has recommended buy rating on the stock with a target price of Rs 592 in its research report dated Jun 01, ...

RBI issues revised circular on NPA resolution norms in 3-4 days: Shaktikanta Das

06-06-2019 10:00

On April 2, the Supreme Court had declared as "ultra vires" the February 12 circular that mandated banks to label even a day's default as NPA.

The excruciating destruction of a 30 year career in finance - eFinancialCareers

06-06-2019 09:17 via news.efinancialcareers.com

The excruciating destruction of a 30 year career in finance eFinancialCareersIt's a tough business. One day you're sitting around listening to people call you “the British Warren Buffett”, and the next day you're making a painful apology ...

A revolutionary treatise goes on the block - The Economist

06-06-2019 09:00 via economist.com

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

Why Dewan Housing Finance share price fell up to 15% in early trade today - Business Today

06-06-2019 07:02 via businesstoday.in

Why Dewan Housing Finance share price fell up to 15% in early trade today Business TodayDewan Housing Finance Corporation (DHFL) share price fell in early trade today after domestic rating agencies Icra and Crisil Wednesday downgraded rating ...

US finance execs hold on to positivity - Journal of Accountancy

06-06-2019 07:00 via journalofaccountancy.com

US finance execs hold on to positivity Journal of AccountancyThe gap narrows, but expectations are still stronger for the U.S. than the global economy, according to a quarterly survey.

14 PSU banks post losses for 2 consecutive years

06-06-2019 03:33

Responsible for consecutive net losses are the spike in provisioning and contingencies which grew by 3.39% year-on-year in FY19.

Indian Bank opposes merger with OBC, says has well-laid out plan for 3 years

06-06-2019 03:32

Banking sources had told FE that OBC had sought the finance ministry's approval to combine with Indian Bank and Corporation Bank.

Value picks: Used car financing is now outselling new car loans

06-06-2019 03:31

More consumers opting to buy second-hand cars as prices of new cars have shot up

EU Sustainable Finance Regulation | White & Case LLP - JD Supra

06-06-2019 03:24 via jdsupra.com

EU Sustainable Finance Regulation | White & Case LLP JD SupraThe EU sustainable finance market has developed organically, guided by voluntary but universally accepted principles. According to recent research, climate ...

View: Finance minister Nirmala Sitharaman needs to be audacious on July 5 - Economic Times

06-06-2019 02:44 via economictimes.indiatimes.com

View: Finance minister Nirmala Sitharaman needs to be audacious on July 5 Economic TimesBy Omkar Goswami Madam Finance Minister, Congratulations on taking charge of a critical portfolio. I wish it would have come at a better time. Tabling a Union ...

The first folio of finance A revolutionary treatise goes on the block - The Economist

06-06-2019 02:00 via economist.com

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

Possible Finance lands $10.5 million to provide consumers softer, kinder short-term loans - TechCrunch

06-06-2019 01:23 via techcrunch.com

Possible Finance lands $10.5 million to provide consumers softer, kinder short-term loans TechCrunchIt's easy to be skeptical of lending companies. They uniformly rely on customers who don't have enough money to cover their bills and are willing to pay interest ...

RBI waives NEFT, RTGS payment charges to promote digital transactions

Monetary policy: Growth concerns drive monetary easing, RBI stance

RBI may cut policy rate by 25 bps again in August

How online loans like Affirm and Afterpay really work—and should you ever use them - CNBC

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What to Watch at the G-20 Finance Meetings This Weekend - Bloomberg

Here's What to Watch at the G-20 Finance Meetings This Weekend - Bloomberg

Regulator to allow ‘on-tap’ licences for small finance banks - Livemint

Secretary of State keynote: UK Trade and Export Finance Forum - GOV.UK

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Arcutis, Inc. Appoints Scott Burrows as Vice President, Finance - Yahoo Finance

Finance: Save for college with a 529 plan - Alexandria Times

Discover's finance chief to retire next year - American Banker

Promotional Feature | Let's talk finance - Packaging News

Sustainable financing can no longer operate as a niche, German finance expert says - EURACTIV

'On tap' licensing for small finance banks under study - Economic Times

Earn high returns on Bajaj Finance Fixed Deposit in a Low Repo Rate Regime - Business Standard

Modi needs $190 billion bank cleanup to revive economic growth

Budget 2019 Quarantine: Know date, details of Finance Ministry’s budget-making exercise - The Financial Express

Germany launches sustainable finance council to leverage climate action - Clean Energy Wire

London Capital & Finance administrators in legal bid for control of bondholders’ £237 million assets - Evening Standard

Bankers, finance players hail RBI repo rate cut, hope consumer demand gets a boost - The Asian Age

Dalmia Group, Nisus Finance join hands to float real estate fund - VCCircle

SFIO Reveals How The Finance Arm Of IL&FS Managed To Delay The Group’s Eventual Default - BloombergQuint

St Étienne looking to finance summer window activity with sale of William Saliba - Get French Football News

RBI to issue on tap licence guidelines on small finance banks in August

Buy Repco Home Finance; target of Rs 592: HDFC Securities - Moneycontrol.com

RBI issues revised circular on NPA resolution norms in 3-4 days: Shaktikanta Das

The excruciating destruction of a 30 year career in finance - eFinancialCareers

A revolutionary treatise goes on the block - The Economist

Why Dewan Housing Finance share price fell up to 15% in early trade today - Business Today

US finance execs hold on to positivity - Journal of Accountancy

14 PSU banks post losses for 2 consecutive years

Indian Bank opposes merger with OBC, says has well-laid out plan for 3 years

Value picks: Used car financing is now outselling new car loans

EU Sustainable Finance Regulation | White & Case LLP - JD Supra

View: Finance minister Nirmala Sitharaman needs to be audacious on July 5 - Economic Times

The first folio of finance A revolutionary treatise goes on the block - The Economist

Possible Finance lands $10.5 million to provide consumers softer, kinder short-term loans - TechCrunch