by OverviewFX | Aug 22, 2024 | Banking & Finance
Japanese banking giant Mitsubishi UFG Financial Group (MUFG) has invested Rs 2798 crore ($334 million) in Delhi based digital lending company DMI Finance Pvt Ltd in yet another example of increasing appetite from Asia’s second largest economy in India’s...
by OverviewFX | Aug 22, 2024 | Banking & Finance
Banks will be closed in a few states for three days in a row starting this Saturday, August 24, 2024. Some states will observe a bank holiday on Monday, August 26 in observance of Krishna Janmashtami. Therefore, it is important for bank customers to verify if there is...
by OverviewFX | Aug 22, 2024 | Banking & Finance
New Delhi, Markets regulator SEBI on Wednesday proposed certain changes to regulations related to debenture trustees. A consultation paper has been issued to provide clarity on the term ‘pecuniary relationship’ of Debenture Trustee (DT) with the issuer...
by OverviewFX | Aug 22, 2024 | Banking & Finance
Tata Capital Ltd (TCL) has sought the Competition Commission of India’s (CCI) approval for its proposal to absorb Tata Motors Finance Ltd (TMFL).In a filing with the antitrust regulator last week, the company said: “The proposed transaction involves the...
by OverviewFX | Aug 22, 2024 | Banking & Finance
Foreign investment in Indian bonds has held firm amid global headwinds that have roiled markets and prompted overseas players to sell local stocks. Going ahead, what will determine whether local bonds turn into overseas favourites or see some volatility is the reasons...
by OverviewFX | Aug 22, 2024 | Banking & Finance
By Nimesh VoraMUMBAI, – The Indian rupee was marginally weaker on Thursday amid a pause in the rally in Asian peers, while forward premiums rose after Federal Reserve minutes and downward revisions to U.S. payrolls made it almostThe rupee was quoted at 83.9425...
