Non-resident external (NRE) deposits were at $97.69 billion in December 2023, up from $96.79 billion in November and $94.46 billion at the end of December 2022
Receding inflation, dip in borrowing costs may support FDI in 2024
KVS Manian to be joint MD, Shanti Ekambaram Dy MD; new COO, group CFO & CRO appointed
Company to benefit from infusions by the Tata group and planned IPO, says rating agency
Hedges interest rate risk under asset liability management
High credit offtake; interest rate hikes boost bottomline
Begins assessment of borrowers on ESG norms
Outbound FDI, expressed as a financial commitment, comprises three components - equity, loans, and guarantees
Private lenders with high loan-to-deposit ratio more vulnerable, says S&P
Subramanian Swamy has filed a Public Interest Writ Petition against the Union of India, Axis Bank, Axis Securities Limited, Axis Capital Limited, and others before the High Court of Delhi
In January, the country's largest lender SBI raised Rs 5,000 crore in capital through Basel III compliant Additional Tier 1 bonds (AT-I) at a coupon rate of 8.34 per cent amid tight market conditions
IndiGrid has announced the acquisition of 100 per cent of ReNew Solar Urja Private Limited (RSUPL). The deal is expected to be valued at Rs 1,650 crore
The liquidity is comfortable in the international market, and the conditions are better for Indian entities than a few months ago in terms of raising resources, Bangari said
It raised Rs 5,476 crore through medium-term loans, Rs 2,782 crore through short-term credit, and Rs 1,500 crore via taxable bonds in April-December 2023
Providing critical information about the terms of the loan agreement, including the all-inclusive interest cost, will significantly benefit borrowers in making informed decisions
"Worse, even that high percentage of bad debts was an underestimate," the paper said
Manufacturers remain confident about demand conditions
Private lender mops up $300 mn via maiden sustainable finance bond
The group will also acquire stakes in Axis Bank, YES Bank Suryoday Small Finance Bank, IndusInd Bank, and Bandhan Bank
The CMI is a comprehensive measure of data to analyse changes in credit market health, categorized under four pillars: demand, supply, consumer behaviour, and performance