Banking & Finance

49% Indians plans to make more purchases online - Mastercard Survey Mumbai-headquartered RBL Bank and Mastercard has announced their partnership to launch a mobile-based consumer-friendly payment solution – the Pay by Bank App, a first-of-its-kind payment functionality in India. RBL...

Investors focused on portfolio deals Against all expectations, Indian real estate recorded its highest-ever PE investments since FY16. ANAROCK Capital's 'Flux – FY20-21 Market Monitor for Capital Flows' highlights that despite COVID-19, more than US$6.27 billion were pumped into the...

Amb. Srivastava highlights Croatian maritime economy There is an opportunity for India to utilise Croatia as a gateway to Europe over the next two-three years, Ambassador Raj Kumar Srivastava has told a business forum held 14 April 2021 by FICCI....

Public Issues and Rights Issue raised Rs.46,029.71cr and Rs.64,058.61cr in FY 2020-21 Despite the uncertainty prevailing in FY 2020-21 owing to CoVID-19 pandemic, fund raising in FY 2020-21 was better than that in FY 2019-20 for both Public Issues and...

1,700 German companies active in India, says Ministry Germany's Deutsche Bank has signed a loan agreement to lend Euro68.87 million (Rs.600 crore) to the National Cooperative Development Corporation (NCDC) for onward lending to cooperatives, especially the Farmer Producer Organizations being...

Small businesses weak balance sheet to hit NPLs S&P Global Ratings believes systemic risk facing banks in India is likely to remain high in the wake of the second wave of COVID-19 infections and a high proportion of weak loans....

NRIs are very much in the Govt's investment scheme There are apprehensions and anxieties in the minds of persons abroad, who invest in the Indian market, because of a relatively complex regulatory landscape, former Chairman of SEBI, M Damodaran, told...

M&A transactions shrink by 65% in value As the effects of COVID-19 continue to unfold, the corporate world has witnessed unique trends in Private Equity, Mergers and Acquisitions and ECM space in Q1 of 2021 which recorded 376 deals worth...

Market could see impact on fund raising by NBFCs and HFCs Despite the heathy activity seen in the securitisation market in Q4 FY2021, the rising Covid-19 cases may again create uncertainty among the investors, cautioned Abhishek Dafria, Vice President and...

Governor Das addresses the twin challenges of excess liquidity and large Government borrowing The industry is encouraged to note further financial inclusion remains a top priority for both the Government and the Central Bank, especially the fresh surge in COVID...