Page 21 - Subrata Panda

PCE facility success depends on investor appetite, market reforms

The facility aims to bridge the gap for lower-rated corporate bonds

NaBFID raises Rs 5,000 crore via 15-year bonds at 7.25% cut-off rate

The cut-off for 'AAA'-rated issuers' long-term issuance has moved up in the last few months, market experts said

100% FDI in Insurance: Foreign insurers may face distribution challenges

The opening up of the insurance industry to 100 per cent FDI comes at a time when the insurance regulator has been advocating "Insurance for All" by 2047

Going by liquidity measures taken, rate cut possible: BoB MD & CEO

Currently, the deposit market is very tight, both in terms of growth and also on the cost side. So, clearly, the cost of deposit is higher resulting in a lower NII growth, Chand said

Budget 2025: Govt allows 100% FDI in insurance, easing foreign entry

The jury is divided on whether this move has led to the expected inflow of investments

IndusInd Bank Q3FY25 results: Net profit down 39% at Rs 1,402 crore

NII of the lender also declined marginally by 1 per cent Y-o-Y to Rs 5,228 crore

'Risk appetite for microfinance portfolios among ARCs not that high'

In acquisition, we are almost there. And in terms of recovery, if I take the target up to December, we have achieved it, said Pallav Mohapatra, MD & CEO of Asset Reconstruction Company

Bajaj Finance Q3 results: Consolidated net profit up 18% to Rs 4,308 cr

The standalone asset under management (AUM) of the lender increased 26 per cent Y-o-Y to Rs 2.93 trillion at the end of Q3 while consolidated AUM was up 28 per cent Y-o-Y to Rs 3.98 trillion

We should end Q4FY25 on a robust note: HDFC Life MD & CEO Vibha Padalkar

Following the earnings announcement, the company's share price closed nearly 8 per cent higher than the previous day's close

HSBC India gets RBI approval to open 20 new branches in 20 cities

HSBC India's branches in the country will now go up to 46

Axis Bank's shares tumble nearly 5% following weak earnings in Q3FY25

The bank reported fresh slippages of Rs 5,432 crore, up 46 per cent YoY and 22.25 per cent sequentially

SBI Life Insurance Q3 results: Net profit rises 71% to Rs 551 crore

The insurer's VNB margin, a measure of profitability for life insurance companies, remained at 26.9 per cent in Q3 FY25

Axis Bank's Q3FY25 results: Net profit rises 4% to Rs 6,034 crore

Bank reported fresh slippages of Rs 5,432 crore, up 46%

India Inc opts for long-term borrowing as short-term rate spikes

L&T, Grasim, UltraTech raise funds via 10-year bonds

BoB raises Rs 5,000 crore through 10-year infrastructure bond at 7.23%

IRFC raises Rs 2,780 crore at 7.25% for 10-year bonds

NARCL sole bidder to buy Rs 50K cr bad loans of Jaiprakash Associates

NARCL has made an offer of Rs 12,000 crore to acquire the debt of 25 lenders on a 15:85 cash-to-security receipts basis

E-commerce spend driving use of credit cards in non-metros, says Visa

Credit card transactions saw a substantial 175 per cent increase in Tier-III cities, compared to just a 27 per cent increase in Tier-I cities

First phase of Bima Sugam project likely to be rolled out mid-2025

Initially proposed for Jan '23 launch, project missed many deadlines

Bankers ask RBI for durable liquidity as deficit mounts to Rs 2 trillion

Economists are of the opinion that given the prevailing liquidity conditions, the RBI should prioritise liquidity management over rate cuts

Uncertainty looms over launch of Irdai's ambitious Bima Sugam project

Industry players, who are also investors in the project, say it is unlikely the project will meet the announced launch date of April 2025, with few updates on its progress