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Banking & Finance
REC signs MoU with Rajasthan Govt. for Rs. 3 Lac Crore for Infra projects
Delhi: REC Limited, a Maharatna public sector unit under Ministry of Power and a leading NBFC, has signed MoU with Govt of Rajasthan, during the "Rising Rajasthan Investors meet" on Monday. As per MoU, REC will provide Rs. 50,000 Crore…
REC Raises US$ 500 Million Fixed Rate Green Dollar Bonds at 4.75%
The 5-year benchmark has a semi-annual coupon rate of 4.75% p.a. and matures on 27 September 2029
माइक्रो SIP में KYC की जरूरत नहीं छोटे निवेशकों के लिए बेहतर ऑप्शन
नई दिल्ली: छोटे निवेशकों के लिए बड़ी खुशखबरी है। माइक्रो SIP (सिस्टमेटिक इन्वेस्टमेंट प्लान) में निवेश करने के लिए अब KYC (नो योर कस्टमर) की जरूरत नहीं होगी। यह फैसला छोटे निवेशकों को ध्यान में रखते हुए लिया गया है, जो कम राशि से शुरुआत…
KRN हीट एक्सचेंजर एंड रेफ्रिजरेशन का IPO ओपन हुआ 27 सितंबर तक बोली लगा सकते हैं निवेशक
मुंबई: निवेशकों के लिए एक महत्वपूर्ण अवसर है, क्योंकि KRN हीट एक्सचेंजर एंड रेफ्रिजरेशन का आईपीओ (इनिशियल पब्लिक ऑफरिंग) 27 सितंबर तक खुल गया है। इस आईपीओ के तहत निवेशक न्यूनतम ₹14,300 के साथ बोली लगा सकते हैं।
आईपीओ का विवरण
KRN हीट…
मनबा फाइनेंस का IPO आज से शुरू निवेशकों के लिए महत्वपूर्ण जानकारी
मनबा फाइनेंस लिमिटेड का इनिशियल पब्लिक ऑफरिंग (IPO) आज, 23 सितंबर से ओपन हो रहा है। निवेशक 25 सितंबर तक इस IPO के लिए बोली लगा सकेंगे, और कंपनी के शेयर 30 सितंबर को बॉम्बे स्टॉक एक्सचेंज (BSE) और नेशनल स्टॉक एक्सचेंज (NSE) पर लिस्ट…
FM Sitharaman launches NPS Vatsalya Scheme, Chandigarh students join virtually
The Scheme serves as a Gullak for marginal families with Annual Minimum Contribution pegged at Rs. 1000 only
PFC pays final dividend of Rs. 462 crore to GOI for FY 2023-24
This is the highest-ever dividend paid by PFC in any Financial Year.
श्री श्याम करुणा फाउंडेशन ने गणेश महोत्सव पर आयोजित किया 130वां अन्न भंडारा
पंचकूला: गणेश महोत्सव के अवसर पर श्री श्याम करुणा फाउंडेशन ने अपने 130वें अन्न भंडारे का आयोजन फेज 1 इंडस्ट्रियल एरिया में किया। इस विशेष अवसर पर, सैंकड़ो लोगों को मुफ्त भोजन प्रदान किया गया, जो फाउंडेशन की सामाजिक जिम्मेदारी और समाज के…
बैंक ऑफ इंडिया ने 119वें स्थापना दिवस पर हरित पहल की शुरुआत की
मोहाली : बैंक ऑफ इंडिया ने अपने 119 वें स्थापना दिवस पर नांगल फैजगढ़ में 119 पेड़ लगाकर पर्यावरण को हरित बनाने की दिशा में एक महत्वपूर्ण कदम उठाया है। यह पहल खेती भवन पंजाब और स्थानीय समुदाय के सहयोग से की गई, जिसका नेतृत्व सरदार बलविंदर…
Lower govt spending due to polls pulled growth down – RBI
MUMBAI: Lower-than-normal government spending due to the poll code has slowed down economic growth to a lower-than-expected 6.7 per cent in the June quarter, said RBI governor Shaktikanta Das on Saturday. This is a 15-month low since the…
Sebi cancels registration of 39 stock brokers, seven commodity brokers
MUMBAI: The markets watchdog Sebi has cancelled the registration of as many as 39 stock brokers and seven commodity brokers for not meeting their registration requirements apart from cancelling the registration of 22 depository participants…
Final guidelines on project loans in two to three months – RBI
MUMBAI: The final guidelines for project loans, which seek to mandate lenders to make higher provisions, are expected to be announced in the next two to three months, and so are the expected credit loss-based provisioning norms, according…
Challenges galore for new SBI chairman Setty
MUMBAI: Challa Sreenivasulu Setty, who took charge as chairman of SBI on Wednesday, faces many a challenge as his three-year term gets underway. First comes the task of maintaining asset quality, which is at a decadal best for the nation's…
Airtel Payments Bank unveils NCMC-Enabled smartwatch with RuPay Chip
NEW DELHI: Airtel Payments Bank, in collaboration with Noise and NPCI, has announced the launch of its cutting-edge NCMC-enabled smartwatch, integrated with the RuPay chip.
An NCMC-enabled smartwatch is a traditional smartwatch equipped…
Small finance banks to grow their advances by 25-27 % this fiscal
MUMBAI: Small finance banks (SFBs) are expected to grow their advances by a robust 25-27 percent this fiscal, a tad lower than the previous fiscal’s 28 percent growth boosted by their geographical expansion.
Amid challenges in mobilizing…
RBI to launch Unified Lending Interface to provide ‘frictionless credit’
MUMBAI: The Reserve Bank is piloting an application for frictionless credit —Unified Lending Interface (ULI). It will be launched nationwide soon and will become the UPI on the credit side, Governor Shaktikanta Das said.
The new…
Financial sector FPIs pull Rs 23,000 crore over credit-deposit gap concerns
Mumbai: The financial services sector witnessed outflows to the tune of Rs 23,000 crore by foreign portfolio investors (FPIs) between July 16 and August 15, according to National Securities Depository Ltd (NSDL) data.
While in the first…
REC signs MoU with JNPA for financing Rs. 45,000 Cr
New Delhi: REC Limited, Maharatna PSU and a leading NBFC, signed an MoU with Jawaharlal Nehru Port Authority (JNPA) for financing upto Rs. 45,000 Cr for various upcoming projects of JNPA, which includes development of Vadhavan Port, says a…
Switzerland moves towards cashless future with instant payments
GENEVA: Switzerland's new instant payment system will bolster the future of cashless payments in the country, the Swiss central bank said Wednesday after the scheme went live.
The Swiss National Bank said around 60 financial institutions…
Sebi paper recommends rights issue as a preferred fund-raising tool
Mumbai: The capital market regulator Securities and Exchange Board of India (SEBI) has on Tuesday brought out a consultation paper on expediting the process of rights issues recommending the same as a preferred tool of fund raising.
The…