Finance news

CARE downgrades Reliance Home Finance’s Rs 400 crore NCDs  The Financial ExpressCARE, in a press release, stated that the debenture trustee for RHFL's NCD has informed the rating agency via its email dated July 1, 2019.

MSC Bank is an apex body for 31 DCCBs which have about 3,746 branches, with a third tier of around 2.21 lakh PACS which directly lend to farmers and the rural population.

Pakistan announces terror finance crackdown on Lashkar-e-Taiba chief Hafiz Saeed  MoneycontrolPakistani authorities announced a crackdown on July 3 against Hafiz Saeed, leader of the group blamed for deadly attacks on Mumbai in 2008, amid growing ...

Pakistan announces terrorism finance crackdown on LeT  Times of IndiaLAHORE: Pakistani authorities announced a crackdown on Wednesday against Hafiz Saeed, leader of the group blamed for deadly attacks on Mumbai in 2008, ...

RBI to regulate housing finance firms, review assets  Economic TimesIn late 2015, the RBI started a similar review of bank assets amid allegations that lenders were hiding the extent of the bad debts on their books.

Morgan Stanley sees 18% downside in Bajaj Finance; stock falls 3%  MoneycontrolBajaj Finance shares fell 2.6 percent intraday on July 10 as Morgan Stanley said it sees 18 percent downside from current levels despite strong loan growth in ...

ICICI inks pact with Indostar Capital to finance commercial vehicles  Business StandardICICI Bank has tied up with non-banking financial company IndoStar Capital for vehicle financing for small and medium fleet owners to buy new as well as old ...

Share market update: Nifty Financial Services index up; Indiabulls Housing Finance jumps 3%  Economic TimesThe Nifty Financial Services index was trading 0.24 per cent up at 13776.05 around 12:57 pm.

Dewan Housing Finance share price rises nearly 7% after lenders agree to restructure outstanding loans  Business TodayDewan Housing Finance share price rose in early trade today after lenders of the firm agreed to restructure the stressed home financier's outstanding loans of ...

Finance Minister’s Views On Return Of RBI’s Excess Capital Holds Key To Credit Revival  SwarajyaSitharaman should ensure that whatever comes from the RBI should be used only for fixing the banking and NBFC sectors.

Housing loans insurance has been launched: Finance Minister  Economic TimesNEW DELHI: The Insurance Regulatory and Development Authority of India (IRDAI) has informed that the public sector insurer -- LIC of India -- and a few of the ...

The action, however, is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the banks with their customers, the RBI added.

Broker's call: Cholamandalam Investment and Finance (Add)  BusinessLineICICI SecuritiesCIFC (Add)CMP: ₹285.65Target: ₹305Cholamandalam Investment and Finance Company (CIFC) is a diversified non-banking finance company.

Forces backed move to tax disability pension: Finance minister  Times of IndiaIndia News: NEW DELHI: Facing flak for its recent order that the disability pension of military personnel will now be taxed unless they were forced or “invalidate.