Page 6 - Ecb

CreditAccess Grameen to raise Rs 15 crore via ECBs, says MD Udaya Kumar

Additionally, its public issue of non-convertible debentures (NCDs) worth up to 5 billion Indian rupees ($61.4 million) will launch on Nov. 14

European Central Bank pushes banks to speed up climate change work

The European Central Bank is warning that many of the financial institutions it oversees are moving too slowly to shield themselves and Europe's banking system from the impact of climate change, and it is setting new deadlines to meet those requirements. The ECB said some progress had been made but that a review of 186 banks published on Wednesday showed change was uneven and that the glass remains half full, top ECB official Frank Elderson said in a blog post on the central bank's website. The Frankfurt, Germany-based central bank for the 19 countries that use the euro currency set deadlines for banks to meet climate requirements by the end of 2024. The ECB, acting in its role as banking supervisor, is pushing banks to identify where they could face the risks of climate change and outline how they would take action. Banks are key to the European economy's functioning because most companies get the credit they need to operate from banks instead of from financial markets, the opposit

'Terrifying' Putin driven by 'evil forces,' says ECB's Christine Lagarde

Putin's attack on Ukraine is his attempt to "cause chaos and to destroy as much of Europe as he can," she said

Sensex rises 203 pts, Nifty ends near 17,800; Maruti zooms 5%, RIL 3%

Stock market wrap: Reliance alone contributed 231 points to the 30-share benchmark. Maruti, M&M and NTPC were the other major gainers. The Metal and IT sector witnessed selling pressure.

Sterling rises as Sunak prepares to become PM, euro awaits ECB hike

Sunak will become Britain's next prime minister, Downing Street said on Monday. Sunak was due to meet King Charles on Tuesday morning before speaking outside No. 10 Downing Street

Dollar wavers with ECB minutes and Friday's US jobs data in focus

Sterling gained 0.35% to $1.1359, and the dollar also slipped 0.5% against the Swiss franc to 0.9791 francs

ECB expects slow economic activity as interest rates continue to rise

ECB expects economic activity in Europe to slow down substantially in coming months, due to skyrocketing prices, decreased spending power and overall uncertainty, ECB President Christine Lagarde said.

Dollar set for weekly loss as traders eye more ECB hikes, US inflation data

Profit-taking after a sharp extension of the dollar's long rally also took hold and the pullback was broad

Gold struggles for direction as investors focus on ECB, Powell's comment

Investors are expecting the ECB to go for a hefty rate hike to combat soaring inflation. The policy decision is due at 1215 GMT

Gold, silver prices decline in early trade, silver selling at Rs 52,800/kg

The price of silver dipped Rs 1,100 per kg with the metal trading at Rs 52,800

ReNew Power raises $1 billion through ECB for battery-enabled project

Gurgaon-based ReNew Power has raised a $1-billion project loan through external commercial borrowings, tying up with 12 international banks for the finance.

With inflation at 8.9%, Europe bond rally at risk of complacent market

With the worst yet to come in Europe, strategists say policy makers may hike more aggressively than many expect, upending a bond rally that some say has gone too far

HDFC Ltd secures $1.1 bn syndicated social loan for affordable housing

This transaction is the largest social loan globally, the first social external commercial borrowing (ECB) loan out of India and the largest ECB loan deal from a HFC or private NBFC in India

Bulk of India Inc's overseas debt is hedged: RBI governor Shaktikanta Das

Comments follow huge pressure on ruper versus the dollar due to record outflows from domestic equity markets amid elevated commodity prices and higher US interest rates

Gold bounces back as dollar slips on ECB rate hike, economic risks grow

(Reuters) - Gold bounced off a one-year low, gaining over 1% on Thursday, benefiting from some safe-haven interest amid economic concerns as the dollar eased.

ECB raises rates for first time in 11 years to fight off runaway inflation

European stocks and bonds slumped and the euro rose after the European Central Bank raised rates by a larger-than-expected 50 bps

Gold prices falls to near one-year low as ECB rate hike fears loom

Gold rates have slumped to a nearly one-year low over ECB rate hike fears. Oil prices have also followed suit

Dollar edges down vs euro as traders eye ECB's rate decision on Thursday

NEW YORK (Reuters) -The U.S. dollar edged lower against the euro on Wednesday in a choppy session, but its losses were capped as traders were hesitant to drive big moves ahead of a crucial European Central Bank policy decision on Thursday.

Rupee crossing 80 to the dollar is nothing to be startled about

While the impact on other currencies has been sharp with most of them depreciating, the rupee has done well, being somewhere in the middle

How the RBI is creating conditions for foreign flows to come back to India

The RBI announced five measures on July 6 to further liberalise foreign exchange. The measures are aimed at creating a more enabling environment to attract dollars through banking deposits, ECB, FPI