Page 415 - Finance News

As inflation rises, RBI may hike repo rate by 25 bps in June: SBI report

The Russia-Ukraine conflict has significantly impacted the trajectory of inflation

Crypto firm MoonPay raises $87 mn from Bieber, Sharapova, others

The investments are part of the firm's Series A round, disclosed in November last year, which valued the company at $3.4 billion, MoonPay said

Debt quality index gains nearly three point to close FY22 at 92.24

The better show was largely driven by enhancements in rated debt of higher-rated entities and reduction in debt of a large defaulting NBFC on recast

See pvt-sector capex picking up in H2FY23: CEA V Anantha Nageswaran

"Bank credit is beginning to pick up, especially in the micro, small and medium enterprises sector," Chief Economic Advisor (CEA) V Anantha Nageswaran said

Spandana Sphoorthy, former MD Padmaja Reddy heading for truce over dues

Sources say many details yet to be worked out, and that it isn't clear if talks will lead to a comprehensive pact to end strife. Clarity expected in 10-15 days, they add

Govt says exceeded FY22 asset monetisation target; Rs 96,000 crore realised

Targets for depts that lagged to be rolled over

At $30.3 bn, M&As hit four-year high in March quarter

The US was the most active foreign acquirer with $8.2 billion worth of deals, up 39% a year ago and accounted for 70% of market share in inbound M&As

West Bengal accounts for 10.4% MFI loan portfolio, second in India: Report

As on September 2021, the total loan portfolio in entire eastern India stood at Rs 2,25,331 crore, a growth of 1.4 per cent year-on-year

India's bond slump worse than others, issuance value down 10.1%

Global issuances have crossed levels seen before the pandemic

Listed commercial banks likely to report 77% rise in Q4 net profit

The combined profit after tax (net profit) of the 17 banks under review is expected to grow to Rs 42,013 crore for Q4FY22

Moody's maintains 'stable' outlook for Indian banks on recovering economy

It said that the global economic fallout from the Russia-Ukraine military conflict will create some risks

Reserve Bank introduces principles for mid, large NBFCs

The central bank said that as part of the overall structure for corporate governance, compliance function serves a critical role

RBI says 22 NBFCs have surrendered their registration certificates

The central bank has cancelled their Certificate of Registration (CoR) as they have surrendered the same

Decline in bad loans to improve profitability of banks: Report

Capital ratios at Public Sector Banks (PSBs) have improved in the past year, helped by capital infusions from the government, it said

Sebi comes out with risk management framework for electronic gold receipts

As per the latest circular, the core of the risk management system is the liquid assets deposited by trading members with the Clearing Corporation (CC)

RBI regulated markets to start trading at 9 am from Apr 18

From April 18, the trading hours of these markets will be from 9 am to 3.30 pm, the central bank said in a release on Monday

False allegations against officials in Lonavala FIR: Kotak Mahindra Bank

Media reports quoting Lonavala police said an FIR had been registered against seven officials of the bank on the complaint of a Lonavala resident

CreditAccess Grameen's loan book grows 22% in FY22; adds 500,000 customers

CreditAccess Grameen Ltd: The collection efficiency including that from arrears was 96% in March 2022.

FM to meet PSBs' heads on Apr 23 to nudge them for credit expansion

This is the first full review meeting after presentation of Budget 2022-23.

Exim Bank plans to raise $3 billion through overseas bonds in FY23

Harsha Bangari, managing director, India Exim Bank, said that treasury rates (yields on government bonds) have started going up in international markets