Mumbai (Maharashtra) [India], December 28 (ANI): There has been a sharp decline in incremental cost of market borrowings for non-banking finance companies (NBFCs) -- especially those with strong parentage -- over the past nine months, Motilal Oswal Financial Services said on Monday.
New Delhi [India], December 26 (ANI): Rajasthan has become the 6th State in the country to successfully undertake "Ease of Doing Business" reform stipulated by the Department of Expenditure, Ministry of Finance. Thus, the State has become eligible to mobilise additional financial resources o
New Delhi [India], December 23 (ANI): Andhra Pradesh and Madhya Pradesh have taken the lead in undertaking the Urban Local Bodies reforms as the two States have successfully completed the set of reforms in the functioning of ULBs, as specified by the Department of Expenditure, the Ministry o
Mumbai (Maharashtra) [India], December 21 (ANI): Edelweiss Financial Services Ltd on Monday announced the public issue of secured redeemable non-convertible debentures (NCDs) of a face value of Rs 1,000 each amounting to Rs 100 crore with an option to retain over-subscription up to Rs 100 cr
New Delhi [India], November 3 (ANI): Around 46 per cent people in the country borrowed money to run their households during the ongoing COVID-19 pandemic phase, stated a research report done by Home Credit India.
New Delhi [India], Oct 14 (ANI): The Department of Expenditure under Ministry of Finance on Wednesday granted permission to Tamil Nadu to raise an additional amount of Rs 9,627 crore through open market borrowings.
Mumbai (Maharashtra) [India], September 30 (ANI): The Reserve Bank of India (RBI) on Wednesday announced that the quantum of total market borrowings by the state governments and Union Territories for the quarter October-December 2020 is expected to be Rs 2,02,242.35 crores an official sta
New Delhi [India], September 24 (ANI): The Union Finance Ministry has granted permission to raise additional financial resources of Rs 9,913 crore to Andhra Pradesh, Telangana, Goa, Karnataka and Tripura through Open Market Borrowings.
Hyderabad (Telangana) [India], September 1 (ANI): Telangana Chief Minister K Chandrasekhar Rao (KCR) on Tuesday wrote a letter to Prime Minister Narendra Modi, stating that the decision of asking states to meet the shortfall in GST compensation through borrowings can be reversed.
Mumbai (Maharashtra) [India], Aug 6 (ANI): Air conditioning and commercial refrigeration major Blue Star on Thursday reported a net loss Rs 19.6 crore in the first quarter of the current financial year as compared to a net profit of Rs 76.8 crore in Q1 FY20.
Mumbai (Maharashtra) [India], July 20 (ANI): India's debt to gross domestic product (GDP) ratio could climb to 87.6 per cent this fiscal, up from 72.2 per cent last year, due to a collapsing GDP and consequently higher borrowings, according to a research note by SBI Ecowrap released on Monda
Chennai (Tamil Nadu) [India], June 19 (ANI): Ramco Cements, the fifth largest cement producer in India, on Friday reported 11.6 per cent fall in its Q4 FY20 net profit at Rs 146 crore versus Rs 165 crore in Q4 FY19.