Page 293 - Finance News
HDFC to raise up to Rs 8,000 cr through bonds, will offer 7.7% per annum
Mortgage lender HDFC will raise up to Rs 8,000 crore by issuing bonds on a private placement basis to shore up its resources
 "HDFC to raise up to Rs 8,000 cr through bonds, will offer 7.7% per annum")
NPCI's RuPay goes live on CVV-less payments for tokenized cardholders
NPCI said RuPay has now introduced CVV (Card Verification Value) free payment experience for its debit, credit and prepaid cardholders who have tokenized their cards on merchant application or webpage
 "NPCI's RuPay goes live on CVV-less payments for tokenized cardholders")
RBI, green finance and the blue planet: How are banks placed in all this?
The central bank's report seeks to nudge banks and financial institutions to catalyse risk mitigation from climate change
 "RBI, green finance and the blue planet: How are banks placed in all this?")
No holding back: FPIs sweeten the pot for Equitas SFB and Sona BLW
Highest increase in holding by FPIs in the March quarter
 "No holding back: FPIs sweeten the pot for Equitas SFB and Sona BLW")
Inflation cooling; confident that monetary policy is on track: RBI Guv
Reserve Bank of India Governor Shaktikanta Das on Friday said the cooling off in headline inflation to 4.7 per cent during April is "very satisfying"
 "Inflation cooling; confident that monetary policy is on track: RBI Guv")
RBI imposes Rs 2.92 cr fine on Canara Bank for violation of various norms
RBI said it has imposed a penalty of Rs 2.92 cr on Canara Bank for violation of various norms, including linking interest rates to external benchmark, opening savings accounts of ineligible entities
 "RBI imposes Rs 2.92 cr fine on Canara Bank for violation of various norms")
How will the Reserve Bank of India's new locker norms impact you?
New locker rules: Now, the relationship between a bank and a customer has become that of a lessor and a lessee
 "How will the Reserve Bank of India's new locker norms impact you?")
India set to announce compliance details of carbon trading market in June
As world's third-largest emitter India is on track to reach net zero by 2070 and set to launch a robust and credible domestic carbon market next month
 "India set to announce compliance details of carbon trading market in June")
Interest rate hold likely as inflation at its weakest in 18 months
Easing inflation will bring relief to policy makers when the economy is facing headwinds from geopolitical tensions and slowing global demand
 "Interest rate hold likely as inflation at its weakest in 18 months")
IMF warns US default would have 'serious repercussions' worldwide
Potential consequences from a US default would include higher interest rates and broader instability, IMF spokeswoman Julie Kozack said in a briefing Thursday
 "IMF warns US default would have 'serious repercussions' worldwide")
SoftBank Group Corp vision fund loses money mgain despite tech rebound
While SoftBank has lost money off and on for years, the latest results are surprising because technology valuations around the world have largely rebounded this year
 "SoftBank Group Corp vision fund loses money mgain despite tech rebound")
Have a good credit score, need quick money? Opt for unsecured loan
Since the interest rate is high and the loan tenure short, evaluate your repayment capacity carefully
 "Have a good credit score, need quick money? Opt for unsecured loan")
Pensioners to get 3 months to give consent for diverting additional dues
The ministry had said that with the issue of the notifications, all the directions of the Supreme Court contained in the judgment on November 4, 2022, have been complied with
 "Pensioners to get 3 months to give consent for diverting additional dues")
Bajaj Finance hikes FD rates by up to 40 bps, duration 36-60 months
Bajaj Finance, the lending arm of Bajaj Finserv, on Wednesday increased its fixed deposit (FD) rates by up to 40 basis points.
 "Bajaj Finance hikes FD rates by up to 40 bps, duration 36-60 months")
G20 DRRWG to discuss ways of managing disaster risk, financing in Mumbai
The second meeting of the G20 Disaster Risk Reduction Working Group (DRRWG) will explore innovative ways of managing disaster risk and financing for sustainable development, officials said here.
 "G20 DRRWG to discuss ways of managing disaster risk, financing in Mumbai")
Bad loan firms call for rule change to open up sector to new players
The proposed changes would increase the types of entities who trade instruments called Security Receipts, which are backed by non-performing loans
RBI asks citizens to settle fee, charges on forex prepaid cards in rupee
The internationalisation of the domestic currency would make domestic monetary policy more challenging but the option of compromising on growth by playing it safe is clearly not an optimal choice
 "RBI asks citizens to settle fee, charges on forex prepaid cards in rupee")
New advertisement code makes registered investment advisors see red
RIAs cry foul over disparity as finfluencers don't have to bear additional costs or regulatory compliance
 "New advertisement code makes registered investment advisors see red")
Q4 results: Private sector banks post 9.7% decline in net profit
Axis Bank's one-time charge for Citibank's consumer biz buy has dented the numbers
 "Q4 results: Private sector banks post 9.7% decline in net profit")