by OverviewFX | Sep 7, 2024 | Banking & Finance
The Public Provident Fund (PPF) is highly popular as a fixed income product because of its long-term guaranteed earnings and tax benefits. By contributing small amounts on a regular basis, the PPF scheme enables you to start saving and build a fund that aligns with...
by OverviewFX | Sep 7, 2024 | Banking & Finance
India’s private credit market demonstrated robust growth in the first half of 2024 (H1 CY2024), with total investments amounting to $6 billion, according to EY report.This performance is a strong indicator of the market’s vitality, especially when compared...
by OverviewFX | Sep 7, 2024 | Banking & Finance
NewsVoirNew Delhi [India], September 7: RBI-registered NBFC-MFI SATYA MicroCapital Limited has once again secured Rs 500 Cr (USD 60Mn) from Sumitomo Mitsui Banking Corporation (referred as SMBC hereafter), a renowned Japanese multinational financial services...
by OverviewFX | Sep 7, 2024 | Banking & Finance
Shaji KV, Chairman of the National Bank for Agriculture and Rural Development (NABARD), stated the need for more granular climate risk models, pointing out that a one-size-fits-all, countrywide approach is insufficient, requiring localised solutions to effectively...
by OverviewFX | Sep 7, 2024 | Banking & Finance
MUMBAI, Sept 6 – The Reserve Bank of India (RBI) sold government bonds from its portfolio for an eighth consecutive week, withdrawing liquidity from the banking system, but the sale was the smallest in this period, according to data released on Friday.The RBI...
by OverviewFX | Sep 7, 2024 | Banking & Finance
New Delhi, The Supreme Court on Friday sought responses from ICICI Bank’s former Managing Director and Chief Executive Officer Chanda Kochhar and her businessman husband Deepak Kochhar on a plea filed against the Bombay High Court order declaring their arrest as...
