Page 151 - Finance News

Rupee holds steady as exporters delay dollar hedging amid volatility

Most exporters reckon that the risks that rupee will depreciate from here are much higher than it will appreciate, a forex salesperson at a mid-sized private

RBI's upbeat growth estimates create confusion, concern among economists

The central bank has stuck to its forecast that India's economy will expand 7.2 per cent in the year ending March 2025

Green municipal bonds grow as many Indian cities seek climate funding

Surat, in Gujarat, along with Pimpri Chinchwad in the western part of the country and southern city Coimbatore are all finalising proposals

Nabfid likely to raise nearly Rs 40,000 crore through bonds in H2FY25

The financial institution is also looking to raise funds from multilateral agencies and is preparing for ratings to facilitate international market fundraises

Regulatory changes to provide necessary push to surety bonds biz: Experts

This product launched in 2022 is going to play a crucial role in supporting India's infrastructure development and heavily reduce reliance on bank guarantees for project finance

Shaktikanta Das receives A+ grade in the central bank report cards 2024

RBI Governor Das gets the A+ grade for second consecutive year; key areas, including inflation control and economic growth targets, evaluated

RBI Governor Shaktikanta Das gets top central banker award by US magazine

This is the second consecutive year that he has been ranked as the top central banker globally

Govt extends ITR filing deadline for corporates by 15 days till November 15

By extending the deadline, taxpayers and professionals alike can prioritise accuracy and compliance

Cryptocurrencies huge risks to financial stability, says RBI Guv Das

There has to be (an) international understanding on this issue, being fully mindful of the huge risks associated with cryptocurrencies

FAR securities receive 60,000 crore inflows since JP Morgan inclusion

FPI investment in FAR securities had doubled, surpassing the Rs. 2 trillion mark within nine months of announcement of JP Morgan including Indian debt in its index

Moody's raises Vedanta Resources rating driven by efforts to access funding

VRL, the parent firm of Mumbai-based mining conglomerate Vedanta Ltd, has raised USD 300 million by exercising the tap option on the existing bond issue

CRISIL puts long-term ratings of Navi Finserv, Asirvad on rating watch

Earlier this month, the RBI barred four NBFCs, including two MFIs, from sanctioning and disbursing loans due to charging exorbitant interest rates to borrowers

Centre doubles loan limit under Pradhan Mantri Mudra Yojana to Rs 20 lakh

Guarantee coverage of PMMY loans up to Rs 20 lakh will be provided under the Credit Guarantee Fund for Micro Units (CGFMU)

Rupee hovers close to all-time low as equities remain under pressure

Rupee has been pressured by a surge in outflows from local stocks alongside in a rise in US bond yields and the dollar index this month

LIC plans entering bond forward rate agreement market in FY25: Sources

State-owned insurer's entry expected to increase demand for instruments typically used to lock interest rates for a future date

MFI lenders turn cautious, loan portfolio declines as delinquencies rise

Overleveraging by customers is a pain point in the industry, said a regulatory report in FY23

Rupee turns flat at 84.07 against US dollar on foreign fund outflow

Forex traders said, the indication of some recovery in domestic equity markets prevented the fall in the local unit

Rupee turns flat at 84.07 against US dollar on foreign fund outflow

However, the local unit found some cushion as the dollar retreated from its higher level

Microfinance institutions must refrain from reckless lending: DFS secretary

Nagaraju said under the SHG-Bank Linkage Programme, there are more than 7.7 million groups with Rs 2.6 trillion outstanding loans benefitting about 10 crore poor households

Sebi bars First Overseas Capital to be lead manager for fresh mandates

The regulator also issued a show cause notice to First Overseas Capital for alleged violations of the provision of Merchant Bankers (MB) regulations