Banking & Finance

The Reserve Bank of India (RBI) has granted “In-principle” approval to Shivalik Mercantile Co-operative Bank Limited for transition into a Small Finance Bank (SFB) under the “Scheme on voluntary transition of Urban Co-operative Bank ((UCB) into a Small Finance Bank”.

Technology is definitely impacting positively and raising the productivity hugely, with which the credit cost will come down and that benefit will be passed onto corporate clients.

The government has been called on to find ways to infuse at least Rs.1-2 lakh crore into the economy to boost construction and infrastructure developments and to clear up the back log of pending payments despite the concern about fiscal...

Hyderabad's housing sales could see 6-10% jump over the next one year, while new launches are likely to remain muted considering the present liquidity crisis.

Shriram Transport Finance Co Ltd's (STFC) upsizing of its multi-currency global medium-term notes (MTN) program will further diversify its funding profile. STFC has upsized the program to US$3 billion from US$2 billion.

A rerun of the positive flows outlook is likely for the Indian economy in 2020 if conditions stay conducive as was witnessed in 2019, says Singapore banking group, DBS.

The Ministry Road Transport & Highways proposes to develop additional 60,000 km of National Highways in the next five years, of which 2,500 km are Express Ways and Access Controlled Highways, 9,000 km Economic Corridors, 2,000 km for Coastal and...

Private Equity (PE) investments in India was highest ever at US$37 billion in 2019 across 861 transactions, according to data from Venture Intelligence, a research service focused on private company financials, transactions and their valuations.

The Reserve Bank of India’s (RBI) latest paper on term premium captures the investors’ expectations of future central bank policy, inflation and growth shocks.

There are nascent signs that the economy is on a better footing than what it was in the year gone by, said the Confederation of Indian Industry (CII) in a New Year message on 28 Dec 2019.