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IDBI GOLD GROWTH
Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- ET Make in India SME Regional Summits: IDBI Bank champions West Bengal MSMEsFrom tariff shocks to tech transformation, Executive Director Nagaraj Garla shared a pragmatic roadmap to support MSMEs, diversify exports,...
- Kolkata to host the ET Make in India SME Regional Summit on September 4The ET SME summit serves as a platform providing networking opportunities to local small businesses and industry leaders.
- New team, fresh funds give Manappuram extra shineManappuram Finance surged 17% in a month as Bain Capital’s Rs 4,385 crore investment boosts governance and growth prospects. Analysts upgra...
- IDBI Bank set to foray into new loan segments to control slippagesThe bank is also looking to aggressively grow its co-lending book. It has already onboarded four NBFCs for co-lending to MSMEs which includ...
- Manappuram Finance forecasts loan growth at 20%Nandakumar said that non-gold loan disbursements, which were almost non-existent in the first three-four months of the lockdown, have now s...
- IDBI Capital maintains buy on Muthoot Finance, target price Rs 875Shares of Muthoot closed at Rs 873, up 17%.
- Digital sales form minuscule portion of life insurers' income: Vignesh Shahane, IDBI Federal Life InsuranceExcess liquidity is expected to move towards financial services products, especially in urban areas, given the volatility across sectors li...
- Credit-deposit ratio at new high, loan rates may riseThe credit-to-deposits ratio rose to a life high of 78.52%, indicating that banks are borrowing from the market to lend rather than from lo...
- Jammu and Kashmir Bank signs MoU with IDBI for MF distributionJammu and Kashmir Bank has signed a memorandum of understanding with IDBI bank for distribution of IDBI mutual fund schemes.
- Titan Industries is a Neutral call: Sonam Udas"Titan Industries is a Neutral call."
- Expect a 25 bps rate cut from RBI's June 19 policy: NS Venkatesh, IDBI BankA 25 bps cut can be expected from the June 19th policy because GDP growth has come down to around 4.8% and inflation has started showing si...
- Universal Commodity Exchange goes liveUniversal Commodity Exchange (UCX) today became the country's sixth commodity exchange to launch futures trading.
- Indiabulls MF eyes Rs 150-200 cr from new income fund planIndiabulls Mutual Fund hopes to garner about Rs 150-200 crore from its newly launched open-ended debt scheme, Indiabulls Income Fund
- IDBI Mutual Fund to launch 3-4 new products this fiscalIDBI Mutual Fund is planning to come up with three to four new products in both debt and equity space in the current financial year.
- Gold exchange-traded funds gear up for Akshaya TritiyaAccording to NSE, CAGR is at 189% since 2007 during Akshaya Tritiya, a day on which buying gold is considered auspicious.
- Hold stocks of gold loan companies: Sonam Udasi, IDBI CapitalThose who are holding on right now the damage has already been done and my own view would be to just hold on for sometime.
- There will be disappointment going forward: Sonam Udasi, IDBI CapitalThe trend was whatever has done well continued to do well. Cement pack for example continued to do well during Oct-Dec.
- A late switch that augurs well for IDBIIt seems the new IDBI boss is of the view that the bank has strong potential to grow.
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