Credit Saison and Capital Float join hands to offer digital financing to SMEs
As part of the agreement, Capital Float and Credit Saison will provide working capital financing to MSMEs, particularly to those from the country’s tier-2 towns and cities and beyond.
NCDEX wants govt to mandate banks to extend agri-credit only against eNWR in Budget
NCDEX said that the Commodity Transaction Tax (CTT) levie...
Headline index valuation fair but not cheap: Credit Suisse
The report added that the recent macro-economic data do point at some green shoots...
CreditAccess Grameen faces repayment trouble in coastal Karnataka
India's largest microfinance firm CreditAccess Grameen has reported 8% rise in net profit for the December quarter at Rs 108 crore over Rs 100 crore, even as some repayment issues in coastal Karnataka has kept the lender on its toes.
Credit Suisse maintains neutral on Havells India, cuts target price to Rs 615
Havells' third quarter earnings were significantly below estimates with revenues declining 10% and profit before tax falling 20%.
LOC facility of Exim Bank sees rapid growth
The LOCs enable buyers in developing countries to import developmental and infrastructure projects, equipment, goods and services from India, on deferred credit terms. `` Over the last ten years LOC portfolio has grown exponentially,’’ said A Ajay Kumar, joint secretary (DPA-1), ministry of external affairs.
Stocks in news: RBL, Ujjivan Small Finance Bank, CreditAccess Grameen, Ceat and Shriram Trans
Here are the top stocks that are likely to be in focus in today's trading.Stocks in news: RBL, Ujjivan Small Finance Bank, CreditAccess Gram...
UBS turns bullish on earnings growth after 5 years
UBS estimates Nifty earnings could grow around 15 per cent in FY21-23 in its base case scenario.
DHFL posts net loss of Rs 6,641 crore in July-September period
It had posted consolidated net profit of Rs 439.51 crore in the year-ago period.
Valuation froth settles in midcaps, but pick stocks carefully: Credit Suisse Wealth Management
The report further said the recent macro-economic data does point at some green shoots.
Medium scale companies may be given credit risk cover
The Credit Guarantee Fund Trust for Micro and Small Enterprises, run by the government and financial institution Sidbi, has floated a consultation paper to banks, where it has estimated that it will get business of around Rs 4,000 crore during the first year.
Billions of dollars may come for Indian stocks after rule tweak
The change will likely increase India’s weighting in the MSCI EM Index by about 70 bps.
Budget 2020: What real estate sector expects from FM Sitharaman
The government does acknowledge the importance of real estate sector to kick-start the economy and has initiated various steps to safeguard ...
Bank fraud: ED attaches over Rs 107 crore assets of Kolkata firm
Assets worth over Rs 107 crore of a Kolkata-based firm have been attached in connection with a money laundering probe linked to an alleged bank fraud case, the ED said on Tuesday.
Shift to passive investing driving US markets: Morgan Housel
Earnings in the US and across the globe have been enough to push the market up, says Housel.
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