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COMMERCIAL LOANS IN CHINESE CURRENCY
PayU India posts first full-year operating profit in FY26; revenue rises 13%During the second half of FY26, PayU India also exited certain "negative margin portfolios", impacting its sequential revenue growth. In th...
IIFCL plans $1 billion loan from overseas investors; in talks for $400 million ADB fundingIndia Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and ...
NRI money could ease banks' funding crunch before powering India's capex: Axis Bank CEOIndian banks are set to leverage new foreign-currency deposits from the diaspora to replace costly funding, according to Axis Bank CEO Amit...
Proverb of the day: 'A moment of patience can...' Life lessons from Chinese proverb on rational thinking, impulsive reactions, resilience, patience, toxic stress, mental well-being, and irreversible damageProverb of the Day: The Chinese saying, "A moment of patience can prevent a great disaster and a moment of impatience can ruin a whole life...
Best Chinese Proverb on Expectations: ‘Wish iron could turn into…’ Popular saying gives a lesson on expectations and realityA timeless Chinese proverb cautions against expecting instant change. It highlights that personal growth, skill development, and even relat...
Chinese proverb of the day: 'Don't carry a candle near inflammable things, and when you've blown a...' - this Chinese saying teaches life lessons on being cautious, responsible, aware and why small mistakes can turn into big disastersChinese proverb of the day: Chinese saying warns against complacency, emphasizing that even after a danger seems to have passed, lingering ...
Chinese Proverb of the Day: 'You cannot prevent the birds of sadness from passing over your head...'- A timeless lesson on resilience and emotional strengthA timeless Chinese proverb, "You cannot prevent the birds of sadness from passing over your head, but you can prevent their making a nest i...
Venezuela to tap IMF reserve assets for quake reconstruction, Bloomberg News reportsVenezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts follow...
Chinese proverb of the day: 'Dig the well before you are thirsty' offers timeless life lesson on savings, personal finance, golden wisdom on how to plan for future to tackle adversityChinese proverb quote of the day offers timeless wisdom about preparation, foresight, and responsibility. It teaches that success and secur...
These 6 private and public banking stocks have an upside of up to 26% in one year, according to analystsRelative outperformance and absolute performance – and the context in which they happen. These are three things market investors need to un...
Bank of India eyes $3.5 billion foreign currency inflows on RBI's dollar pushBank of India aims to raise approximately $3.5 billion through foreign currency deposits and overseas borrowings, leveraging recent RBI mea...
Banks can offer loans for FCNR (B), rebook deposits, RBI clarifiesIndian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attra...
RBI clarifies FCNR(B) loan, SBLC eligibility under swap schemeIndian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...
Banks seek RBI clarity on leveraged NRI FCNR deposit structuresIndian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
SBI’s board clears record Rs 60,000 cr fundraise in FY27State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims t...
India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiativesIndia and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...