Mumbai (Maharashtra) [India], December 5: L&T Finance Ltd. (LTF), formerly known as L&T Finance Holdings Ltd., one of the leading Non-Banking Financial Companies (NBFCs) in the country, announced its Environmental, Social, and Governance (ESG) rating by CRISIL. The Company achieved an overal
India should adopt transparent methodologies, robust surveys, and simultaneous index updates in GDP calculations to accurately assess the true state of the economy, highlighted a report by Systematix Research.
New Delhi [India], December 4: Vrutti, part of the Catalyst Platform, announced the launch of the FPO Shakti, a Financing Facility. It is a blended, stage-based financing model designed to help Farmer-Producer Organisations (FPOs) access the right capital at the right time. Supported by HSBC
Stronger-than-expected economic growth has led to hardening of bond yields, leaving the market divided over the Reserve Bank of India's upcoming monetary policy decision, a report by Union Bank of India stated.
Indian banks are set for a "decisive profitability inflection point" as net interest margins (NIMs) begin to recover after several quarters of compression, according to a latest sector report by Nomura.
Singapore, December 3: Solas Fiduciary Services (Solas), a privately owned leader in directorships & corporate governance, continues to strengthen its presence in the Dubai International Financial Centre (DIFC) with the appointment of Craig Roberts to its team of independent directors.
New Delhi [India], December 2: The digital revolution in India is advancing quickly, and it is making a big impact on industries, especially the banking sector. One of the most exciting changes has been the rise of digital lending platforms. Recently, digital lending software has transformed
Analysts attribute the tightening to a combination of seasonal currency leakage, muted government spending, tax outflows, and most notably, heavy unsterilized foreign exchange intervention by the RBI.
Payments and banking platform Razorpay for Businesses on Tuesday announced that it has secured the Payment Aggregator - Cross Border (PA-CB) license from the Reserve Bank of India (RBI).
RBI highlighted an expanded digital complaint footprint, improved disposal efficiency, and increasing concerns around loans, credit cards and digital frauds.
The bid will be open tomorrow for Non-Retail investors, while the Retail investors can bid on Wednesday. "Government offers to disinvest 5% equity in the bank with an additional 1% as a green shoe option," DIPAM said.