by OverviewFX | Aug 27, 2024 | Banking & Finance
The focus on sustainability has in the past couple of years led to the rise of startups working to mitigate climate change. Mumbai-based sustainable financing platform TapFin is working on removing the financial barriers of these startups and also promoting more...
by OverviewFX | Aug 27, 2024 | Banking & Finance
New Delhi: Shares of Anil Ambani-led group firms — Reliance Home Finance Ltd, Reliance Power and Reliance Communications — hit their lower circuit limits on Monday as investors continued to desert the counters after markets regulator Sebi barred the...
by OverviewFX | Aug 26, 2024 | Banking & Finance
Mumbai: With deposit mobilisation becoming a challenge, Indian banks are relying heavily on certificates of deposit (CDs) to meet their near-term funding needs, according to central bank data.In July, CDs issued by banks grew by more than 38% year-on-year to ₹4.3 lakh...
by OverviewFX | Aug 26, 2024 | Banking & Finance
Domestic banks and non-banking financial companies (NBFCs) now account for 36% of the Adani Group’s total debt mix, having raised their exposure to the group by around 500 basis points through 2023-24, data showed. Debt at the Indian conglomerate rose on account...
by OverviewFX | Aug 26, 2024 | Banking & Finance
As India’s central bank steps up the emphasis on financial sector stability, banks are beefing up their technology teams and enhancing IT spending, as cybersecurity concerns and the need for AI-led services are increasingly becoming core to the sector.Even as overall...
by OverviewFX | Aug 26, 2024 | Banking & Finance
HT SyndicationNew Delhi [India], August 26: Bajaj Markets, an online financial marketplace, offers a wide range of Fixed Deposits (FDs) through its partnerships with some of the leading Non-banking Financial Companies (NBFCs) in India. It allows investors to...