Cholamandalam Investment to issue perpetual bonds, bankers say
Cholamandalam Investment and Finance plans to raise ₹10 billion selling perpetual bonds maturing in 10 years, three merchant bankers said
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Category: Banking & Financial Services
M1xchange launches international trade financing platform for Indian MSMEs at GIFT City
M1xchange, a digital invoice discounting platform for MSMEs, has set up an international platform —M1NXT ITFS— in GIFT City to
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Indian tribunal dismisses petitions opposing ICICI Securities’ delisting, report says
An Indian company tribunal has dismissed objections raised by minority shareholders of ICICI Securities regarding its delisting plans, Bar and
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Aye Finance seals ₹212-crore loan securitisation deal with Goldman Sachs
Aye Finance, a non-banking finance company, has closed a ₹212-crore business loan securitisation transaction with Goldman Sachs (India) Finance Pvt Ltd,
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NBFCs’ gross bad loans to rise by 30-50 bps in FY25: ICRA
Non-banking finance companies (NBFCs) will likely see their gross stage-3 asset ratio or gross bad loans rising by 30-50 basis
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Bajaj Allianz and HSBC India form bancassurance partnership
Bajaj Allianz General Insurance Company Ltd (BAGIC), a leading private general insurer, has entered into a strategic bancassurance partnership with
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“Low-ticket size credit cards Filesadmin.co continued showing stress in Q1,”says RBL Bank MD
Private sector lender RBL Bank witnessed higher credit card bad loans sequentially in Q1FY25. This was mainly on account of
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Account aggregator framework surpasses 100 million successful consents
DigiSahamati Foundation (Sahamati), an industry alliance for the Account Aggregator (AA) ecosystem, today announced that the total number of successful
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Total envisaged cost of projects financed by lenders reached a new high of ₹3.91 lakh crore in FY24: RBI bulletin
The total envisaged cost of the projects financed by banks/financial Institutions (FIs) reached a new high of ₹3.91 lakh crore
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RBI Governor Shaktikanta Das ranked top central banker for 2nd year in a row
RBI Governor Shaktikanta Das has earned “A+” grade for the second consecutive year in the Global Finance Central Banker Report
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