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Reliance Home Finance defaulted on loan repayment of Rs 40 crore in February: Regulatory filing

March 11, 2020 Alok 0

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 […]

Finance Ministry and exporters spar over GST refunds

January 19, 2020 Alok 0

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 […]

Payments banks may be allowed to convert into small finance banks

September 14, 2019 Alok 0

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 […]

Still in talks with PMO to revive industry sentiment, says Finance Minister Nirmala Sitharaman

August 19, 2019 Alok 0

Finance minister Nirmala Sitharaman August 16 said her officials are in discussions with their counterparts in the PMO and once the talks are over government […]

Analyst Calls: HCL Tech, Bajaj Finance, Tata Steel, Cipla

August 10, 2019 Alok 0

The domestic stock market on Friday showed early signs of a possible breakout from its consolidation range. And Nifty futures on Singapore traded 7.50 points higher this […]

Bajaj Finance Q1 result 2019: AUM rises 41% to Rs 1.29 lakh crore, new loan grows

July 16, 2019 Alok 0

Bajaj Finance, a part of Bajaj Holdings and Investments Limited, has said its assets under management (AUM) grew 41 per cent on a consolidated basis […]

Finance ministry mapping out action plan for new government

May 24, 2019 Alok 0

NEW DELHI: Finance ministry mandarins putting finishing touches to an action plan for the new central government said it includes plans to raise fresh capital for […]

Small Finance Banks Pay Up To 9.5% Interest On Fixed Deposit: Maturity Period, Deposit Limit And Other Details

October 27, 2018 Alok 0

FD interest rate: Small finance banks pay an annual return of up to 9.5% on deposits below Rs. 1 crore Small finance banks – which […]

Avanti Finance appoints CEO; operations to start next year

October 27, 2018 Alok 0

Avanti Finance, founded by corporate bigwigs like Ratan Tata and Nandan Nilekani, on Thursday announced appointment of Rahul Gupta as its Chief Executive Officer. The […]

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