Reserve Bank of India on Thursday released the 28th issue of the Financial Stability Report, December 2023 reflecting the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the Indian fina
Mumbai (Maharashtra) [India], December 8: Established author Savio Gomes has once again captivated readers with the release of his eighth book, "Guide to Healthy Investing," published in collaboration with First Step Publishing. This insightful guide is now available globally, providing a co
Pune (Maharashtra) [India], December 2: In the pursuit of financial stability and wealth creation, choosing the right investment option is necessary. Bajaj Finance Fixed Deposits emerge as a standout option, combining reliability, attractive returns, and a customer-centric approach.
Fiscal risks, especially on the spending side, take centre stage as a potential disruptor to this equilibrium. Fitch emphasizes that fiscal policy's role has been expanding steadily for over a decade, a trend set to continue in 2024.
According to S&P Global Ratings, these actions include a substantial increase in risk weights on unsecured personal loans, credit cards, and loans to nonbank finance companies (NBFCs), aiming to curb riskier lending practices and bolster overall financial stability.
Mumbai (Maharashtra) [India], November 1: Eduvanz Financing Private Limited ("Eduvanz"), a leading fintech NBFC helping learners discover and finance their career goals with low or no-cost EMI financing options, has recently strengthened its leadership, with Arvind Sampath stepping in as the
Ahmedabad (Gujarat) [India], October 24: Adani Cement, through Endeavour Trade and Investment Ltd, is pleased to announce the successful completion of its refinancing program for acquisition debt taken for Ambuja and ACC, through a USD 3,500 million financing package, raised from a clutch of
Addressing a gathering in Delhi, Governor Das highlighted the complexity of the current economic landscape, stating, "There is a multiplicity of factors. The dollar index has become quite strong. The bond yields in the US have reached an all-time high, but, if you look at the volatility of t
Highlighting the hurdles that have become increasingly prevalent on the global economic horizon, Das said, "The global economy is now facing a tirade of challenges. First, slow moderation in inflation, which is getting interrupted by recurring and overlapping shocks. Second, slowing growt
Finance Ministers and Central Bank Governors (FMCBGs) of G20 nations under India's Presidency have adopted the roadmap for crypto regulation as was proposed by the International Monetary Fund (IMF) and Financial Stability Board (FSB) before the New Delhi Summit in September.
Two days ahead of the G20 Summit meeting in New Delhi, the IMF and the FSB had come up with a paper on crypto, which stated a comprehensive policy and regulatory response for crypto-assets is necessary to address the risks of crypto-assets to macroeconomic and financial stability.