FINANCE – Page 31 – msmenews.sbs

Sundaram Home Finance aims to double Emerging Business to ₹400 crore in 12 months

AIMPWAFebruary 27, 2025

Sundaram Home Finance is gearing up for its next growth phase in the Emerging Business (EB) segment, targeting a twofold increase in disbursements to over ₹400 crore within the next 12 months. The EB segment focuses on small business loans of up to ₹20 lakh for small shops and enterprises, as well as affordable housing...

Bank of Baroda focuses on empowering Karnataka farmers with financial help, tech: Executive Director

AIMPWAFebruary 27, 2025

Bank of Baroda aims to empower farmers in Karnataka by providing financial support, technological tools, and market access to enhance agricultural productivity and sustainability, according to Beena Vaheed, Executive Director of the bank. In an informal chat with businessline on the sidelines of the inauguration of the regional office of the bank in Mangaluru...

Banking system liquidity may ease from second half of April 2025

AIMPWAFebruary 27, 2025

The liquidity strain that banks are currently experiencing may ease from the second half of April as Government spending is seen kicking in by then even as credit demand typically moderates in the first quarter, per treasury market experts’ assessment. The banking system has been reeling under liquidity deficit since mid-December 2024, despite the RBI...

Relief for NBFCs: RBI cuts risk weight on bank loans

AIMPWAFebruary 27, 2025

In a relief for non-banking finance companies (NBFCs), the Reserve Bank of India has rolled back the higher risk weight assigned for bank loans to NBFCs in 2023. The central bank also lowered risk weight requirements for loans extended by banks to microfinance firms. In November 2023, the regulator had hiked risk weight on lenders’...

Rupee sinks over 50 paise, hits 87.21/USD on month-end dollar demand

AIMPWAFebruary 27, 2025

The rupee plunged over 50 paise on Tuesday to move past the psychologically crucial 87 to the Dollar mark on heavy month-end importer demand for Dollars, FPI selling in the Indian capital markets, and uncertainty about the effect of Trump tariffs. The Indian currency (INR) closed at 87.21 per USD, down about 52 paise against...

GIFT City, along with Mumbai and Delhi rapidly climbs the global financial centre’s ranking

AIMPWAFebruary 26, 2025

As India gains importance in global trade, investments and other financial transactions, its financial centres are rapidly ascending in global rankings. While Gift City has beendoing well in the rankings due to the backing it has received from the Centre, cities of Mumbai and Delhi are also rapidly improving their positions globally. businessline’s analysis of...

360 ONE, Bharti Life Ventures seek CCI nod for stake acquisition in Bharti AXA Life Insurance

AIMPWAFebruary 26, 2025

360 ONE Private Equity Fund and Bharti Life Ventures Private Ltd (BLVPL) have submitted a combination notice to the Competition Commission of India (CCI) for approval of a proposed transaction involving Bharti AXA Life Insurance Company Ltd (Bharti AXA Life) As per the filing, 360 ONE, through its schemes or affiliates, will initially acquire equity...

InCred Finance to acquire gold loans biz of TruCap Finance via slump sale

AIMPWAFebruary 26, 2025

InCred Finance on Wednesday said it will foray into gold loans through the proposed acquisition, via slump sale, of the gold loans business of TruCap Finance Ltd. InCred Finance is a systemically important non-deposit taking NBFC registered with the RBI.TruCap is a listed, non-deposit-taking NBFC registered with the RBI. “This proposed acquisition will bring with...

Tata Capital IPO & 1,504 Cr Rights Issue: Will the stock meet market expectations?

AIMPWAFebruary 26, 2025

Tata Capital board on Tuesday announced initial public offering (IPO) comprising 23 crore fresh shares and an offer for sale of equity shares by eligible shareholders of the company. In addition, the board approved rights issue not exceeding ₹1,504 crore. Listing & IPO details The company has not disclosed any further information, including the listing...

Muthoot Finance gets RBI approval to open 115 new branches

AIMPWAFebruary 26, 2025

Finance and insurance corporation Muthoot Finance has received RBI approval to open 115 new branches, a stock exchange filing revealed. Granting permission, the Reserve Bank of India has asked Muthoot to provide details of the new branches. “The company is also advised to ensure suitable arrangements for security and for storage of gold jewellery, including...

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In a post-Trump world, trade gets special focus in budget; govt opens domestic market for some imported vehicles

AIMPWAMarch 14, 2025

As US president Donald Trump threatens to impose reciprocal tariffs on its trading partners, potentially upending global commerce, India has placed a significant emphasis on invigorating manufacturing and exports while also opening up the domestic market. As part of the customs duty rejig, the government lowered import tax on a range of products such as...

‘In their last days, our parents changed their will’: They left me $250,000, but gave my sister $1 million. What should I do?

AIMPWAMarch 14, 2025

“How many people maintain a relationship with their siblings after their parents died?” Source link

Atmanirbhar Budget for consumption and development: The ABCD of Budget 2025

AIMPWAMarch 14, 2025

Here’s a handy alphabetized list of the key themes that shaped the most important financial document of the year: It can’t be a Budget without annadatas and agriculture, can it? Identifying agriculture as one of the four powerful engines in India’s journey of development (the other three being MSMEs, investment and exports), the Budget unveiled...

Goodbye old tax regime; new regime now more attractive

AIMPWAMarch 14, 2025

Before you pop the champagne, though, there are two points to consider. First, zero tax up to ₹12 lakh as well as the attractive new tax slabs are only applicable to the new tax regime. At the same time, the old tax regime does remain relevant in some cases. Second, if your taxable income is...

Centre sets new five-year target to cut debt to half of GDP; signals robust capital spending, support to states

AIMPWAMarch 14, 2025

The Union budget has set a new five-year target to cut the central government’s debt to 50% of gross domestic product, give or take 1%, by 31 March, 2031. The budget, presented by finance minister Nirmala Sitharaman on Saturday, also sought to signal the Narendra Modi administration’s commitment to fiscal prudence and infrastructure creation, including...

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Latest Posts

Sundaram Home Finance aims to double Emerging Business to ₹400 crore in 12 months

Bank of Baroda focuses on empowering Karnataka farmers with financial help, tech: Executive Director

Banking system liquidity may ease from second half of April 2025

Relief for NBFCs: RBI cuts risk weight on bank loans

Rupee sinks over 50 paise, hits 87.21/USD on month-end dollar demand

GIFT City, along with Mumbai and Delhi rapidly climbs the global financial centre’s ranking

360 ONE, Bharti Life Ventures seek CCI nod for stake acquisition in Bharti AXA Life Insurance

InCred Finance to acquire gold loans biz of TruCap Finance via slump sale

Tata Capital IPO & 1,504 Cr Rights Issue: Will the stock meet market expectations?

Muthoot Finance gets RBI approval to open 115 new branches

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In a post-Trump world, trade gets special focus in budget; govt opens domestic market for some imported vehicles

‘In their last days, our parents changed their will’: They left me $250,000, but gave my sister $1 million. What should I do?

Atmanirbhar Budget for consumption and development: The ABCD of Budget 2025

Goodbye old tax regime; new regime now more attractive

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In a post-Trump world, trade gets special focus in budget; govt opens domestic market for some imported vehicles

‘In their last days, our parents changed their will’: They left me $250,000, but gave my sister $1 million. What should I do?

Atmanirbhar Budget for consumption and development: The ABCD of Budget 2025

Goodbye old tax regime; new regime now more attractive

Centre sets new five-year target to cut debt to half of GDP; signals robust capital spending, support to states

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In a post-Trump world, trade gets special focus in budget; govt opens domestic market for some imported vehicles

‘In their last days, our parents changed their will’: They left me $250,000, but gave my sister $1 million. What should I do?

Atmanirbhar Budget for consumption and development: The ABCD of Budget 2025

Goodbye old tax regime; new regime now more attractive

Centre sets new five-year target to cut debt to half of GDP; signals robust capital spending, support to states

Blackstone to increase stake in THIS small-cap realty firm for ₹1,166 crore, sale triggers open offer