Page 102 - Finance News

Individual housing finance market to grow to Rs 77-81 trn by FY30: Report

The residential properties market remains buoyant, a key driver of the housing finance industry, with an absolute growth of 74 per cent since calendar year (CY) 2019

Reserve Bank appoints Ajit Ratnakar Joshi as new executive director

Ajit Ratnakar Joshi was serving as Principal Adviser in Department of Statistics and Information Management

RBI advises NBFCs to curb perpetual credit lines over risk concerns

The RBI has cautioned NBFCs on perpetual credit lines, citing risks of loan evergreening and financial instability, urging lenders to slow down issuance of such flexible credit products

Rupee rises 9 paise to 87.10 against US dollar during early trade

Forex traders said US President Donald Trump's tariff escalation has set off a chain reaction in global markets

Economists expect 25 bps rate cut in April meeting to support growth

Net liquidity in the banking system was in a deficit of Rs 1.09 trillion as of Monday, according to the latest data by RBI

State bond yields harden on heavy supply and weak investor demand

14 states raised Rs 50,500 crore through bonds at the auction

Investments from Indian diaspora in GIFT City funds surpass $7 bn: IFSCA

Investments by the Indian diaspora in GIFT City-based funds have crossed USD 7 billion, a top official from the International Financial Services Centres Authority said on Tuesday.

Rupee falls 8 paise to 87.40 against US dollar during early trade

Forex traders said the ongoing uncertainty surrounding tariff imposition by the US has left financial markets in flux

Deposit insurance demystified: Exploring the future of bank deposit safety

From a risk perspective, it is better to spread your deposits across multiple banks, given the extent of the current deposit cover

Arcil buys Ujjivan Small Finance Bank's stressed loan folio for Rs 34 cr

ARCIL's bid translates into a recovery of 9% for the lender

RBL Bank appoints Agrawal as president of branch banking, Pari as COO

Agrawal has over 25 years of experience across deposits, lending, distribution and payments

Haryana's GST collection increases by 20% to Rs 9,925 crore in Feb

Haryana remains among the top five states in the country in GST collection along with Maharashtra, Karnataka, Gujarat and Tamil Nadu

What are capital gains tax: Are they the Indian govt's 'biggest mistake'?

Decoded: What is capital gains tax, how do India's rules compare to global standards, and why is it causing investor concerns?

Sebi permits all NBFCs, HFCs to invest in security receipts by ARCs

This has widened the scope of participants who can acquire security receipts from ARCs, thereby boosting liquidity in the distressed asset market

Govt bond yields unchanged despite April rate cut bets as supply hurts

The benchmark 10-year yield ended at 6.7383%, compared with its previous close of 6.7286%

Women borrowers up 22% since 2019, majority from semi-urban, rural: Report

As per the report, credit availment for financing businesses constituted only 3% of the overall borrowings by women in 2024, as against 42% for personal finance products like personal loans

RBI records forward dollar position undermines forex reserves comfort

The RBI's net short dollar position in forwards and futures hit a record high of $77.5 billion in January 2025, as per data released after market hours on Friday

Rupee appreciates 9 paise to 87.28 against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 87.36 and gained further ground to 87.28 against the American currency, registering a gain of 9 paise from its previous close

RBI adopting more accommodative stance under Sanjay Malhotra: Analysts

This is reflected in the measures taken by the central bank in the past few months to spur economic growth and ease liquidity tightness

Economic affairs secretary Ajay Seth gets additional charge of revenue dept

The vacancy was necessitated following the appointment of revenue secretary Tuhin Kanta Pandey as the chairman of the Securities and Exchange Board of India (Sebi) on February 27