India sees $3 billion debt fundraising rush as yields slump after RBI moves, bankers sayIndian companies are actively raising short-term debt. This surge follows central bank actions that significantly reduced borrowing costs. ...
CD rates may fall up to 100 bps as banks tap overseas deposits, loansInterest rates on short-term financial instruments like Certificates of Deposit are poised to decrease across India. This anticipated drop,...
Why partnerships will define India’s agricultural transitionIndia's agriculture faces climate challenges. A robust public finance foundation can drive a new phase of growth. Regenerative agriculture ...
Muthoot Finance plans floating-rate bond issue of Rs 2,000 crMuthoot Finance is gearing up to secure ₹2,000 crore next week through the issuance of floating-rate bonds, which will mature in three year...
Nabard pulls out bond issuance on weak demandIn a surprising turn of events, Nabard has pulled the plug on its scheduled bond sale this Friday, citing a lackluster response from invest...
NABARD acquires leasehold rights to MTNL’s BKC campus in Rs 351 crore dealNABARD has made waves by securing a prestigious commercial site in Mumbai’s vibrant Bandra-Kurla Complex. The development-focused instituti...
Enterprise software company Zoho invests Rs 70 crore in ONDCZoho Corporation has invested Rs 70 crore in ONDC to bolster India's sovereign technology and empower MSMEs. This move aims to make digital...
Corporates temper bond issues with yields on rise nowCorporate borrowing costs are rising again after a brief dip in mid-April, driven by concerns over the West Asia conflict impacting oil pri...
Weaker monsoon prediction, Iran war cloud growth outlookIndia's rural economy is faced with potential challenges. A weaker monsoon and rising farm costs from the Iran war could impact growth this...
AU SFB Q4 Results: PAT jumps 65% YoY to Rs 832 crore, NII rises 23%AU Small Finance Bank reported a robust 65% year-on-year surge in net profit for the March quarter, reaching Rs 832 crore. The lender also ...
NABARD launches Rs 2.62 lakh crore credit plan for Delhi; proposes ‘nano, mini’ units to boost MSME accessThe plan emphasises inclusive credit planning and tailored development pathways for balanced growth across the National Capital Territory.
RBI proposes upper layer NBFCs to be defined by absolute asset size of ₹1 lakh crore+Reserve Bank of India is proposing a new rule for identifying top NBFCs. A simple asset size of Rs 1 lakh crore will now determine classifi...
Specialised non-bank participants to get entry into term money marketThe Reserve Bank of India is opening up the term money market to a wider range of financial institutions, including specialized government-...
Nabard, REC withdraw bond issues amid higher-than-expected yieldsNabard and REC withdrew their planned bond issues on Thursday due to higher-than-expected yields. Nabard, initially seeking ₹8,000 crore fo...
Lok Sabha passes bill to raise Nabard's capital to Rs 30000 croreMinister of State for Finance Santosh Kumar Gangwar said that the law is one of the "major step" towards doubling farmers' income by 2022.
- NABARD takes the direct route in financing
NABARD in its series of new initiatives and Repositioning exercise has released Rs 50 cr to Rajkot bank as direct finance through its regio...
- Pawar cooperative bank flouted RBI norms, finds Nabard
On the basis of Nabard’s stringent recommendations, the RBI on May 5 asked the state cooperation commission to forthwith dissolve the board...