Buy Cholamanadalam Investment & Finance, target price Rs 225: Motilal Oswal
Motilal Oswal has given a buy rating to Cholamandalam Investment & Finance with a target price of Rs 225. Disbursements declined 36 per cent year […]
Finance
How important is Hong Kong to China as a free finance hub?
Bankers and investors fear China’s push to impose national security laws on Hong Kong threaten the city’s future as an international financial centre. If it […]
3 Types of Finacial Professionals
Saving for the future and growing your assets is a wise decision. it can also be incredibly confusing for the average person. Whether you are […]
Reliance Home Finance defaulted on loan repayment of Rs 40 crore in February: Regulatory filing
The Anil Ambani-controlled Reliance Capital group firm Reliance Home Finance has defaulted on loan repayment of Rs 40.08 crore in February, it said in a regulatory filing. The company […]
15th Finance Commission cuts states’ share of central taxes to 41% vs 42%
New Delhi: The 15th Finance Commission, in its interim report for 2020-21, has marginally reduced the share of states in the divisible pool of central […]
Edelweiss Finance’s NCD issue to offer up to 10.45% per annum
MUMBAI: Edelweiss Finance and Investments (EFIL) on Wednesday announced the public issue of secured redeemable non-convertible debentures (NCDs) of a face value of Rs 1,000 each amounting […]
Finance Ministry and exporters spar over GST refunds
NEW DELHI: Small businesses, mainly exporters, are at loggerheads with Finance Ministry over the input tax credit refunds. While exporters claim the government has been withholding […]
Ratan Tata, Nandan Nilekani promoted Avanti Finance to soon raise $30-40 mn
Ratan Tata and Nandan Nilekani invested Rs 50 crore each into Avanti Finance two years ago. Avanti Finance, the microloan-focused NBFC promoted by Ratan Tata and Nandan […]
Indiabulls Housing Finance Shares Crack 38% on Doubts Over Merger with Lakshmi Vilas Bank
Indiabulls Housing Finance Ltd shares cracked over 38% on Monday on the apprehensions that the proposed merger with Lakshmi Vilas Bank Ltd could face a […]
Payments banks may be allowed to convert into small finance banks
Reserve Bank of India comes out with draft norms for ‘on-tap’ licensing of SFBs The Reserve Bank of India may allow existing payments banks to […]