by OverviewFX | Aug 22, 2024 | Banking & Finance
Foreign investors dumped shares in financial services companies worth ₹14,790 crore during the first-half of August. This is the highest selling by FPIs across sectors in this period. These investors sold shares worth ₹28,642 crore across 15 sectors between August 1...
by OverviewFX | Aug 22, 2024 | Banking & Finance
Finance minister Nirmala Sitharaman’s call to state-run banks to step up deposit mobilisation has put the spotlight on an issue RBI has flagged in recent weeks.
by OverviewFX | Aug 22, 2024 | Banking & Finance
India is making new efforts to ignite interest in its green debt as the category misses out on a torrent of foreign flows into local sovereign bonds.The nation will allow the trading of sovereign green debt from its newest finance hub in Prime Minister Narendra Modi’s...
by OverviewFX | Aug 22, 2024 | Banking & Finance
After facing persistent increase in funding costs non-bank lenders are looking at newer avenues of raising capital. Experts say that increasingly non-banks are diversifying away from bank lending and increasing proportion of higher yielding segments in their...
by OverviewFX | Aug 22, 2024 | Banking & Finance
The Reserve Bank of India (RBI) has announced that there will not be any pre-debit notification on auto-replenishment of FASTag and NCMC, as and when the balance falls below the preset limit.In its monetary policy meeting held in June 2024, the RBI announced the...
by OverviewFX | Aug 22, 2024 | Banking & Finance
India’s organised gold loan market is projected to double in next five years to Rs 14.19 lakh crore despite expected moderation in growth due to stricter regulations, said a PwC India report. In fiscal 2023-24, the organised gold loan market demonstrated...
