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IVY County: At the intersection of global trends and East Bengaluru's growth storyBengaluru's real estate focus is shifting to East Bengaluru's Sarjapur-Varthur-Gunjur corridor. This region offers significant investment p...
No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
India’s shipping services to East Hormuz and Red Sea doubled from FebruaryShipping routes East of Hormuz and in the Red Sea have seen a significant increase in services. The Indian government is also processing a ...
Karur Vysya has a four-pronged plan to move up to the next level: B Ramesh Babu, MD & CEOAfter a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the ...
Karur Vysya Bank bets big on credit cards, microloans and corporate push to double down on growthKarur Vysya Bank is set for significant growth. The bank plans to expand its balance sheet by entering the credit card business and offerin...
India’s trade map enters a world that’s threatened by missiles & bombsIndia's ambitious trade deals are now facing their crucial test. Agreements signed with countries like the UK and Oman are in transition. W...
Need dedicated commercial bank to ease credit flow to MSMEs: Industry body to govtThe Federation of Indian Micro and Small & Medium Enterprises (FISME), which represents about two million MSMEs in the country, has in a su...
Aye Finance raises Rs 75 crore debt from Triple Jump and Northern ArcThe CapitalG backed lender was incepted in 2014 and since then has disbursed over INR 5000 crores to over three and a half lac micro enterp...
Muthoot Microfin raises Rs 562 crore via securitisationWith this, the total amount raised through securitisation by the IPO-bound Muthoot Microfin has crossed Rs 1,300 crore during the first nin...
BSE allows broking, micro-finance companies to list on SME platformThe new norms will provide these companies easy access to capital, enhanced visibility, growth opportunities and exit route for existing sh...
Muthoot Fincorp to raise about Rs 1,800 crore this yearMuthoot Fincorp, the flagship company of Muthoot Pappachan Group, today said it is looking at raising close to Rs 1,800 crore through vario...
Satin Creditcare raises $10 million in foreign debt“Since MFIs have a constant need for capital, external commercial borrowing route offers us an opportunity to reduce our dependence on bank...
Securitisation deals see an uptick after RBI restored priority sector status to microfinance institutionsSecuritisation deals have seen an uptick since RBI restored priority sector status to microfin institutions & Finance Bill exempted securit...
- Housing finance firms permitted to raise funds through ECBs
Liberalising overseas borrowing norms, the government today allowed housing financing companies to raise funds through ECBs route to financ...
- RBI allows micro finance institutions to raise $10 mn through ECBs
RBI today allowed MFIs to raise up to USD 10 mn through ECBs, as against the earlier limit of USD 5 million, a move that will widen their f...
- SKS Microfinance to spend Rs 15 crore on improving grievance redressal
SKS Microfinance today said it will invest Rs 15 crore over the next three years for strengthening customer grievance redressal.
- Hikes will not keep people away from gold: WGC
India’s appetite for gold remains undiminished despite a huge run-up in prices. People cutting across all income groups in India aspire to ...
- SKS Microfinance to explore banks for funds
SKS Microfinance today said it will raise additional funds from banks, a move likely to help it tide over liquidity shortage.
- Spice Group eyeing acquisitions in MF, broking space
Betting big on financial services as a future growth driver, the BK Modi-spearheaded Spice Group plans to enter mutual funds, stock-broking...
- India Inc raises ECBs worth $2.5 bn in July
India Inc has raised a total of $2.5 billion in July this year by way of borrowings from the international markets.