Page 324 - Finance News

SBI likely to sell Rs 10,000 crore of AT-1 bonds around February 20

The bonds, which are likely to receive a rating of AA+, may go up for bidding on February 20 with issuance scheduled for the next day

RBI MPC: When and where to watch policy announcement by Shaktikanta Das

RBI monetary policy: In December, Das had said that despite consecutive rate hikes, core inflation had continued to remain 'sticky'

Bank credit profiles not at much risk from Adani exposure, says Fitch

State-owned lenders could see pressure to refinance group's debt if global market shun it

PAG bets big on Indian real estate as NBFCs go slow on developer loans

Investor lent Rs 3,000 crore to property developers last year

Indian shares end lower in volatile session ahead of RBI's rate decision

BENGALURU (Reuters) -Indian shares struggled for direction on Tuesday before closing lower, as markets see-sawed between optimism that the Reserve Bank of India will pause rate hikes.

Motilal Oswal arm announced to invests Rs 400 crore in Pan Heathcare

A Motilal Oswal arm on Tuesday announced a Rs 400 crore investment in Rajkot-based hygiene products maker Pan Healthcare for a minority stake.

D2C firm Mensa Brands raises Rs 300 crore debt from TradeCred

Direct-to-consumer (D2C) firm Mensa Brands on Tuesday said it has raised Rs 300 crore debt from TradeCred.

Consulting and services sector urge Centre to revisit GST regime

The consulting and services sector has urged the Centre to re-look at the Goods and Services Tax (GST) collection regime.

With vote split, RBI's MPC might hike repo rate by 25 bps: Experts

Will there be a convergence or divergence among the members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on the 25 basis points (bps) policy rate hike, experts debate.

Marginal pressure on banks next fiscal, net interest margin may fall: Fitch

Banks will face margin pressure next fiscal as they increase the deposit rates to attract funds to support sustained high loan growth, and the same will fall by 10 basis points to 3.45 per cent

SBI economists expect RBI to hit pause button on interest rate hike

Economists at SBI said they expect RBI to hit the pause button on interest rate hike at its upcoming monetary policy review this week

Q3 results: PSBs' net profit jumps 66% on healthy interest margins

Other income rises in Q3 against contraction in Q2

Muthoot Finance December quarter profit beats estimates on high gold prices

BENGALURU (Reuters) - Muthoot Finance Ltd reported a third-quarter profit on Monday that beat analysts' estimates, as higher gold prices boosted demand during the festive season

No provision to refund accumulated corpus under NPS to state govt: FinMin

MoS for finance says five states have reverted to Old Pension Scheme for their staff

RBI's 3-day long MPC meeting starts amid expectations of lower rate hike

RBI Governor Shaktikanta Das-headed MPC started its three-day meeting amid expectations of a smaller 25 basis points rate increase or a pause on the rate hiking spree that started in May 2022

Reserve Bank widely seen delivering final 25 bps hike, say economists

Annual retail inflation edged down in December from the previous month and remained within the central bank's comfort zone 2%-6% range for a second consecutive month

Indian banks' NIM to contract in FY24 as deposit costs rises: Fitch

Lenders should be able to offset impact by gradually passing on policy rate hikes to corporate loans: Agency

Paytm, PhonePe to launch UPI Lite for smaller epayments soon: Report

UPI Lite was introduced by the National Payment Corporation of India (NPCI) last year to facilitate small ticket transactions up to Rs 200

Bond yields and rupee to closely track RBI's monetary policy meet

The RBI is widely expected to raise interest rates by 25 basis points (bps) on Wednesday, which many traders believe will be the last before a prolonged pause

Govt likely to put on hold proposal to revamp the capital gains tax regime

Given global uncertainties, rejigging the tax regime may affect market sentiment