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RBI curbs on NBFC flexi credit may push lenders towards bullet loans, raise costs: KotakThe Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) m...- US defends dollar as yen weakness threatens global currency orderThe US treasury has stepped in to bolster the Japanese yen and several other currencies, signaling a potential decline of the dollar and hi...
- Invoice discounting: Know how this fund-raising option works, its types, benefits and drawbacksIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
- ED files chargesheets in 2 PMLA cases against Anil Ambani Group companies, ex-executivesThe Enforcement Directorate has filed chargesheets in two money-laundering cases involving Reliance Anil Ambani Group companies and former ...
- Rs 1 crore debt, no work and C-grade films: Golmaal actress reveals the struggle that left her with no choice and sold her soulActress Susmita Mukherjee found herself in a tough financial situation when her production company declared bankruptcy. This unfortunate tu...
- Trump administration to invest $3 billion into minerals projects to boost US defense supply chainsThe US government is investing three billion dollars into critical minerals and battery projects. This initiative aims to increase domestic...
- How companies create fake cash in books, and take investors for a rideCash is the item on a balance sheet that most investors accept without argument. Revenue can be recognised early, inventory can be overvalu...
- Bajaj Finance, Bajaj Finserv shares fall up to 5% on RBI's new proposal for NBFCsShares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively ba...
- M2P raises Rs 100 crore debt from Alteria to fund AI expansionThe three-year facility — M2P’s second debt raise — will largely finance AI product development and computing capacity, cofounder and chief...
- RBI plans to bar NBFCs from offering revolving credit without approvalIn a recent announcement, the Reserve Bank of India has introduced fresh regulations for non-banking financial companies. Moving forward, N...
- MV Electrosystems shares list at 22% premium over IPO price on NSE, BSEMV Electrosystems debuted on the NSE and BSE at a 22% premium over its IPO price after its public issue was subscribed 188.85 times. While ...
- Airtel plans data centre, fibre push as it targets next growth phaseIn a bold move, Bharti Airtel is set to increase its data centre capacity to one gigawatt while also expanding its fibre network across key...
- MV Electrosystems, Juniper Green Energy shares to list tomorrow. Here's what GMP signals ahead of debutMV Electrosystems and Juniper Green Energy will debut on the exchanges on August 6 with contrasting listing expectations. MV Electrosystems...
- Business outcomes, not AI models, will decide enterprise deals: Gnani.ai CEO Ganesh GopalanIn an interview with the Economic Times, Gnani.ai CEO Ganesh Gopalan said the biggest challenge to enterprise AI adoption was not other AI ...
- GetVantage secures Rs 63 cr in Series A1 round to scale Capital Gateway for MSMEsThe fresh injection is expected to unlock hundreds of crores in operational debt capital from GetVantage’s financial institution partners.
- Cash flow financing firm GetVantage raises Rs 63 crore in equity, debtMumbai-based GetVantage secured sixty-three crore rupees in a funding round. This capital infusion was led by Rajeev Ahuja and SanRaj Group...
- Indian banks' new hunt for diaspora dollars pumps up loans marketsIndian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...
- Credit to tech infrastructure sector doubles in two yearsBank loans for India's technology infrastructure sector have doubled in two years. This growth reflects India's position as a global hub fo...
- RBI sells USD 14.9 bn during Jan-May to check excess volatility in rupeeIn an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover...
- Sebi bans Zee's Subhash Chandra, Punit Goenka from markets for a yearSebi has barred Zee founder Subhash Chandra and CEO Punit Goenka from the securities market for one year. This action stems from an unautho...
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