As a result, the amount involved and the amount recovered in absolute terms was also lower than the amount involved and recovered in 2022-23
ULI is a platform that facilitates access to financial and non-financial data, streamlining credit underwriting and creating frictionless customer journeys for a diverse range of borrowers
Bank sets reserve price of Rs 85 crore to sell loans from over a million accounts
Reduction in NBFCs' reliance on banks for funds bodes well for financial stability, RBI says
The Rs 3,000 crore equity infusion into SMFG India Credit includes Rs 300 crore investment into its wholly owned subsidiary - SMFG India Home Finance
RBI introduced ASISO facility in August 2020 to offer greater flexibility in managing day-end cash reserve ratio balances
The slowdown in net FDI into India is consistent with trends observed in other emerging market economies, including Mexico, Vietnam, Indonesia, the Philippines, and Thailand, among others
Indian Railways' finance arm was in the market to raise Rs 3,000 cr
Health and motor insurance will continue to be our two most important segments
Savings of households in 'shares and debentures' has increased to 1 per cent of GDP in FY24, from 0.2 per cent in FY14
Market participants said that the price difference is largely driven by heavy supply, timing mismatches in fund flows, and rising global interest rates
According to a dealer at a state-owned bank, some of the AAA-rated issuers who tapped the market today were expecting to raise funds at the levels they normally raise
Indian 10-year government securities closed at 6.78 per cent on Thursday, while US 10-year treasuries were trading at 4.54 per cent
IIFCL Rs 1,290 crore in two tranches with varying maturities
Of the Rs 550 crore of bad loans put up for sale by PCHFL, Rs 314 crore are unsecured loans, and Rs 236 crore are secured loans
It's the largest syndicated multi-currency transaction by a private sector NBFC, says company
In the first fortnight of December alone, issuances exceeded Rs 81,000 crore and are expected to surpass November's total of Rs 92,260 crore
IIFCL is planning to mop up Rs 3,000 crore in two tranches with varying maturities
Patra highlighted that digitalisation can be regarded as a long-term technology shock impacting economic growth, productivity, labour markets, older technologies, and inflation
Malhotra to follow an open door policy and remain accessible to everyone at RBI