A Rise In Demand For Insolvency Courses
The rise in instances of companies undergoing restructuring and resolution under the Insolvency and Bankruptcy Code seem... Read more
Mudra Loans Miss Target By ₹27,000 Crore In FY19
Small business loans disbursed under the Pradhan Mantri Mudra Yojana (PMMY) have fallen short of the target set for 201... Read more
Micro Finance Sector To Grow Up To 22% In FY20: ICRA
The micro finance industry is on the path of recovery and is likely to see a growth of 20-22 per cent in 2019-20 despite... Read more
Aye Finance Reaches ₹1,000 Cr In AUM
Aye Finance, a CapitalG-backed fintech lender to the MSMEs said on Tuesday that it had reached ₹1,000 crore Asset Unde... Read more
Aegon Life, MobiKwik Join Hands For ₹20 Digital Insurance Product
Aegon Life Insurance has tied up with MobiKwik for a ₹20 digital insurance product. Available only on the MobiKwik App... Read more
Allahabad Bank Authorised Capital Raised To ₹8,000 Cr
State-owned Allahabad Bank said on Tuesday the government has increased its authorised capital by ₹ 5,000 crore to ₹... Read more
Suryoday Small Finance Bank Starts Operations In Hyderabad
Maharashtra-based Suryoday Small Finance Bank (SSFB) launched its operations here on Tuesday with the inauguration of it... Read more
Indian Junk Bonds Make A Comeback, Issuance Soars
Sales of Indian junk bonds have made a big comeback in 2019, almost tripling to hit a five-year high, boosted by a risk-... Read more
India Inc Forex Borrowing To Pick Up Pace In FY20: Ind-Ra
If foreign portfolio investment inflows continue and hedging costs remain subdued by way of the Reserve Bank of India’... Read more
Bandhan Bank Gets CCI Nod For Merger With Gruh Finance
Our BureauBandhan Bank has received approval from the Competition Commission of India (CCI) for the proposed scheme of a... Read more
Magma Fincorp Sees Credit Growth Picking Up In FY20
Magma Fincorp, which had witnessed moderation in disbursals during the festival season last year, is expecting credit g... Read more
Non-deposit Taking NBFCs Must Have Minimum Investment Grade Rating To Get Forex Trade Licence: RBI
Systemically important non-deposit taking NBFCs (investment and credit companies) should have a ‘minimum investment gr... Read more
Will Former Dena, Vijaya Bank Heads Explore Another Merger In PSB Space?
Sankara Narayanan and Karnam Sekar are well-positioned to set the ball rolling for a fresh amalgamation, say banking exp... Read more
Monsoon Season Likely To Cloud Indias Bond Rally
India’s bond rally is petering out as expectations for more rate cuts by the central bank are fading and the all-impor... Read more
JM Financial Products To Raise ₹1,000 Cr Via NCDs
The issue comes with a base size of ₹200 crore and an ₹800-crore greenshoe option. Read more