Page 191 - Finance News

Why the salary packs of top NBFC executives are on RBI's radar

Adherence to variable and deferred remuneration norms is under scrutiny

Rupee recovers 3 paise to 83.58 against US dollar during early trade

Forex traders said the local unit found support from retreating American currency and easing crude oil prices overseas

Govt seeks exemption for sovereign funds from RBI's AIF rules: Official

The rules, tightened to prevent evergreening of loans, were partially eased later in March

Growth is important, but not at cost of unacceptable risks: RBI governor

Business models designed for profitability could contain vulnerabilities that may not be apparent, says Shaktikanta Das

Revenue stagnant and margins eroded, impact of high GST on gaming: Report

The report said, "Six companies have witnessed a decline in revenue growth ranging from 10-30 per cent, with certain companies facing a decline of 50 per cent"

Not acting on unsecured lending could have created bigger problem: Das

He expressed satisfaction that the RBI's action has had the desired impact, as the growth in unsecured lending has indeed slowed down

Rupee depreciates 4 paise to 83.48 against US dollar in early trade

The local unit resisted the fall amid the unabated inflow of foreign capital but gave in to the pressure due to a muted trend in the domestic equity markets, forex traders said

Trend upshift in growth post pandemic, rises to 8% in 2021-24: RBI report

Strong revival in pvt investment imp for growth

Net FDI in India improves to $4 billion in April, says RBI bulletin

The scale of repatriation/divestment of capital declined to $2.38 billion in April 2024 from $3.47 billion a year ago

Consider direct payments, periodic review to enhance deposit insurance: RBI

In India, deposit insurance is mandatory for all banks, including foreign banks

Self-regulatory organisations for NBFCs: RBI invites application

Central bank to recognise a maximum of 2 SROs for the sector

RBI net sells $3.64 billion of foreign currency in April: Monthly bulletin

The central bank's net outstanding forward sales by the end of April stood at $16.25 billion, against $541 million in March

RBI invites applications for recognising SROs for NBFCs under its framework

The applicant should achieve a minimum net worth of Rs 2 crore within a period of one year after recognition as an SRO, or before commencement of operations

Allow foreign currency transactions in India via RBI: ICT Chairman Kapila

ICT Chairman KK Kapila said currently, even domestic transactions in the US dollar between entities within India necessitate routing through the US banking system

State Bank of India to raise up to Rs 20,000 cr via long-term bonds in FY25

During the last financial year, SBI raised a total of Rs 20,000 crore through the sale of 15-year infrastructure bonds

Rupee appreciates 6 paise to 83.37 against US dollar in early trade

The local unit, however, faced resistance due to a stronger American currency and higher crude oil prices overseas, forex traders said

SBI plans to raise Rs 10,000 cr via infrastructure bonds, say bankers

This will be the lender's first bond issuance and the country's first infrastructure bond sale this financial year

Planning to audit more firms, increase capacity: NFRA chairperson

Next year, NFRA will shortlist 12 firms for inspection and in the next 4-5 years it plans to inspect 20-30 firms every year

Rupee appreciates 7 paise to 83.48 against US dollar in early trade

Forex traders said the strengthening American currency weighed on the local unit though it found support due to downward movement in crude oil prices overseas

State Bank of India indicates another 10-15 basis points MCLR hike

Loans to companies are linked to the MCLR, which depends on the cost of the funds of a bank. Retail loans are linked to the external benchmark lending rate (EBLR)