M&M Finance hits upper circuit despite 55% fall in PAT; here's whyGlobal brokerage firm BofA maintained a buy rating on M&M Finance with a target price of Rs 245. The net interest income (NII), and PPOP we...
M&M Finance jumps 12% after strong Q2 update; brokerages remain bullishGlobal brokerage firm Morgan Stanley remains overweight on Mahindra & Mahindra Financial Services with a target price of Rs 225 on the stoc...
HDFC Bank is high on merger plans: Factors that make it this week's stock pickIn addition to strong capital comfort and better return ratios, the valuation of HDFC Bank also became reasonable due to its underperforman...
RBI’s new guidelines to make microfinance strongerUnlike the earlier definition that distinguished between rural and urban, RBI has now set a common household limit of Rs 300,000 for loans ...
Stocks in the news: SBI, Voda Idea, RIL, Info Edge, PVR and EmamiVodafone plans to infuse up to Rs 3,375 crore into Vodafone Idea as part of the company's proposed raising of funds worth Rs 14,200 crore. ...
Biggest gainers & losers of the day: Monte Carlo, Aurum & AB Money hit upper circuits in weak marketS Ranganathan, Head of Research, LKP securities said weak global cues led by rising CPI in the US spooked markets as fears of the Fed being...
Indifi secures $5 million from IndusInd BankIndifi has forayed into the pharma segment and will be extending its credit line solution to retailers - especially pharma distributors and...
Will NBFCs need more capital to support group companies?The current rule says that in calculating the capital adequacy ratio (CAR), an NBFC’s tier-1 capital — which is equity and free reserves — ...
RBI’s oversight mechanism for NBFCs robust, says DasNBFCs have been in focus in the last few months following a meltdown in infrastructure finance NBFC, IL&FS.
85% of stocks gave negative returns in 2018; which ones hurt you most?Dozens of midcap and smallcap stocks fell up to 90 per cent during the calendar year.
Bankruptcy law a timely initiative on bad loans: Jaspal Bindra, Centrum GroupBlack money may not have got extinguished as it came back as bank deposits. But there is now less currency in informal sector.
Buzzing stock: PE giant Warbug Pincus sold 2 crore shares in this NBFCOn the BSE, 2.51 crore shares were traded on the counter today.
Some new bank licences to be given before March 2014: FMFinance Minister P Chidambaram today expressed hope that some new bank licences would be issued before March next year.
RBI expected to grant new bank licences by end of FY'14The Reserve Bank, which issued clarifications on the new bank licence guidelines, is expected to grant new licences by March next year.
- Low capital norms for non-banking finance company arms soon
The Reserve Bank of India has agreed to the change in policy that will allow flexibility to NBFCs to expand without bringing any fresh capi...
- In Defence of Investors in Microfinance
nvestors in microfinance have come in for some severe criticism in industry circles in the recent past.
- RBI cuts to limit crisis to D Street
Just do what it takes to ensure that the fallout of the global crisis is confined to Dalal Street and does not boil over to main street.