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finance in india 1



Date: 31st december 2020


RBI helps India s financial condition rebound to better than pre-pandemic level at full speed
Policy rate, liquidity conditions, markets, foreign exchange, and global conditions were the major drivers of the financial conditions this year.
Initial public offering news


Financial stability report delayed as govt wants to consult RBI
Read more about Financial stability report delayed as govt wants to consult RBI on Business-standard. Different stance on NPAs will be the


RCom group owes about Rs 26,000 cr to Indian banks, financial institutions
Read more about RCom group owes about Rs 26000 cr to Indian banks, financial institutions on Business-standard. Debt-ridden telecom firm


Should you buy a property when a bank auctions it?
Real-estate experts say that auctions can sometimes offer heavy discounts, which is not available anywhere else.


Banking wrong on corporate houses: Why fate of banking, public finance is uncertain
With RBI s inability to uphold regulatory oversight, a grave crisis in banks and NBFCs is looming large.


Buy Dhanuka Agritech; target of Rs 890: Emkay Global Financial
Emkay Global Financial is bullish on Dhanuka Agritech has recommended buy rating on the stock with a target price of Rs 890 in its research


Small Finance Banks: मिलता है बचत खाते पर FD जितना ब्याज, ये है Interest Rates
नई दिल्लीः बड़े बैंक जहां बचत खातों पर कम ब्याज देते हैं, वहीं बहुत सारे


Top stocks in focus: Biocon, AU Small Finance Bank, HDFC Bank, Titan, GE Shipping
Check out the stocks that will be in focus during trade today based on recent and latest news developments. Dec 29, 2020 07:12 IST | India Infoline News


Stocks to watch: Wipro, 3i Infotech, Biocon, SBI Life, AU Small Finance
Read more about Stocks to watch: Wipro, 3i Infotech, Biocon, SBI Life, AU Small Finance on Business-standard. 3i Infotech Ltd has entered into


Learn the Foundations of Business and Personal Finance With This 12-Course Bundle
There s even a course dedicated to financial modeling from a former Goldman Sachs employee. Finally, you ll focus on personal finance and


Finance, IT stocks take sensex to record levels
According to Geojit Financial head (research) Vinod Nair, most global developments like the US stimulus and the Brexit deal are priced into the


BBVA
Garanti BBVA signed a risk sharing agreement to finance investment projects
Under the Agreement50% funding will be provided by EBRD for the commercial and project finance loans to be provided by Garanti BBVA.


Understanding finance management in the face of poor mental health
According to a journal published in The Lancet Psychiatry, people with mental health problems are more likely to get into financial difficulties.


New normal: Personal finance rules in a post covid world
Amid the heightened uncertainty, having financial foresight has become crucial for Apurva and his small family of three– including his wife and
Equitas Small Finance Bank levies penalty on designated persons for violating insider trading norms
Equitas Small Finance Bank (SFB) said that its Vice President-Internal Audit, N Ganesan, violated code of conduct for prevention of insider


Buy Bajaj Finance, target price Rs 5800: Edelweiss
Bajaj Finance Ltd., incorporated in the year 1987, is a Large Cap company (having a market cap of Rs 313375.55 Crore) operating in NBFC


Year-end special: Personal finance highlights, takeaways from 2020
We give you a rundown of expert tips on insurance, investing, saving, real estate, gold, loans and more from 2020. These financial takeaways will


Suryoday Small Finance Bank Receives SEBI Nod To Launch IPO
The small lender s shares are likely to be listed on both, the BSE Sensex and NSE Nifty, joining its listed peers Ujjivan SFB, AU Small Finance


Life stage financial planning: Saving for children s goals and retirement in your 40s
Moneycontrol personal finance s new series called Life stage financial planning will tell you what these broad principles are, depending on


AU Small Finance Bank ties up with ICICI Prudential Life to offer life insurance solutions
Stating that small finance banks play a pivotal role in enhancing financial inclusion and penetration of life insurance, ICICI Prudential Life


EU trade deal brings little progress for UK s giant financial sector


From early investment to asset allocation, financial planning
Don t delay investing. For young earners, spending is more important than saving. A study of 2,000 professionals by Hyderabad-based financial


Broker s call: Ujjivan SFB (Buy)
transitioned from a NBFC (Ujjivan Financial Services Ltd.) in Feb 17. as vehicle finance and gold finance from MFI lending offers the bank


4 personal finance lessons from 2020 that you must not forget in 2021
As financial exigencies come unannounced, ensure that you park your emergency fund in instruments that allow instant withdrawals. Naveen


Indostar Capital Finance to allot NCDs worth Rs100cr on private placement basis; stock up over 1%
Indostar Capital Finance to allot NCDs worth Rs100cr on private placement basis; stock up over 1%. The redemption will be paid in four equal


Extension of ITR Filing Last Date! One can file income tax return for FY 2019-20 by this date
The last date to file income tax return (ITR) for the financial year 2019-2020 They have urged the Finance Minister that the due date of filing of


Five lines from movies that defined personal finance in Roller coaster 2020
Experiencing that single event as a young analyst on Wall Street defined the way I thought about personal finance, and those lessons continue


Finance Ministry gives nod for 8.5% EPF interest rate
The Employees Provident Fund Organisation (EPFO) is learnt to have got clearance from the Finance Ministry for interest rate recommendation
Shriram Transport Finance Company Ltd spurts 0.59%, up for five straight sessions
Meanwhile, Nifty Financial Services index of which Shriram Transport Finance Company Ltd is a constituent, has added around 4.65% in last one


Central Bank to exit housing finance business, to sell JV stake for ₹160 crore
Central Bank to exit housing finance business, to sell JV stake for ₹160 crore. 1 min read . Updated: 24 Dec 2020, 08:05 PM IST PTI. The Central Bank said that


Private banks to have a good year in 2021: Analysts


Why India s newest housing finance company is in no hurry to make a mark
Godrej Housing Finance plans to first focus on acquiring 1,000 customers by March to test the sustainability of its systems & processes.


Is China right to tame Ant?
The respectable is that the government needed to act because Ant threatened financial stability. As a state newspaper recently put it, Ant had


13 J&K power, finance department officials suspended for misappropriation of funds
Baba was executive engineer of PDD at Sumbal at the time of the alleged crime, committed in connivance with finance department officials. The


China plots rectification drive to bring Jack Ma s Ant Group to
“Ant has many financial licences but for now it s not clear how business in different sectors get mixed up, said Zhao Xijun, a finance professor at


2021 Personal Finance Calendar


Finance Ministry allows Odisha to borrow Rs 1,429 crore more post ease of doing business reforms
Union Finance Ministry. (PC-PTI). The Finance Ministry on Wednesday said it has permitted Odisha to borrow an additional Rs 1,429 crore after
United News of India
Jana Small Finance Bank digitally inaugurates 18 branches in
30, 2020 /PRNewswire/ — Jana Small Finance Bank today digitally inaugurated 18 bank branches in Maharashtra that is dedicated to financial


Sensex gains for 6th day, up 133 pts; Nifty ends near 14k, Bajaj Finance jumps
Ultratech Cement, Bajaj Finance, and Maruti were the top gainers on Sensex, owe ₹86,188 crore to Indian banks and financial institutions.


Forget New Year s resolutions. This is how to set financial
This is how to set financial goals you ll stick to. Many New Year s resolutions don t succeed, but you can maximize the chances of achieving your


Finance Ministry releases weekly instalment of Rs 6,000 cr to meet GST shortfall
The Finance Ministry on Monday released the ninth instalment of Rs 6,000 crore to the states to meet GST compensation shortfall, taking the total


21 personal finance insights in summary: Best of ET Wealth 2010-2020
The result is this collector s issue that compresses the financial wisdom of the past 10 years into 24 information-packed pages. It s a distillation of


Are We On the Verge of Another Financial Crisis?
John Macomber, a senior lecturer in the finance unit at Harvard of a collapse in housing prices and an ensuing financial crisis — this time
JMC Projects (India) announces resignation of Director (Finance) cum CFO
JMC Projects (India) announced that Vardhan Dharkar, Director (Finance) & Chief Financial Officer (Key Managerial Personnel) of the


Millennials, It s Time to Talk Estate Planning With Your Parents
Digital solutions like Everplans store information like passwords, how to pay household bills and financial and legal paperwork. How to broach


4 key personal finance takeaways from today s RBI announcements
The RBI decision to maintain status quo and keep the repo rate and reverse repo rate unchanged could have some significant personal finance


The power of McDonald s McRib might shock Wall Street in January


Government tells BU to reinstate Finance Officer
This drew sharp criticism as the move came after Finance Officer Parvathi H.B. submitted a report, which alleged discrepancies and irregularities


Contactless Banking: A new normal for Small Finance Banks
With these changing times, it is imperative for banks and financial institutions to change the rules of customer service and engagement


Lenders extend ICA for Reliance Home Finance resolution till March 31
Retail disbursements of Reliance Home Finance had plunged amid tightening liquidity following the collapse of Infrastructure Leasing & Financial


NHB slaps Rs 47,000 fine on GIC Housing Finance for violating guidelines
NHB slaps Rs 47,000 fine on GIC Housing Finance for violating guidelines. Press Trust of India | New Delhi | Last Updated at December 29 2020


Finance ministry shows steely grit in playing Shylock
This year interest payments account for 89% of the budgeted fiscal deficit. The accumulated debt was incurred not to finance infrastructure or


Can the crypto industry ever be regulated in the era of decentralised finance?
Can the crypto industry ever be regulated in the era of decentralised finance? The system – known as DeFi – allows people to engage in financial


Feeling checked out? 70% of tech and finance employees say they ve disengaged from work
Tech and finance fared similarly in terms of employee disengagement, with 71% of finance professionals and 69% of tech workers saying they


How India s banking and financial sector will shape up in post
How India s banking and financial sector will shape up in post-COVID 2021. ET Online|. 28 Dec 2020, 02:11 PM IST. Home loans to stay soft. 1/6


Muthoot Finance s ₹1,000 crore NCD issue: Should you invest?
NEW DELHI: Muthoot Finance Ltd has launched a secured non-banking financial company (NBFC) can raise it up to ₹900 crore, depending


Personal finance: Know the different kinds of mutual funds
Personal finance: Know the different kinds of mutual funds. The money in these funds is used to primarily invest in the equity market that avail


Panthers Russell Okung Becomes First NFL Player to Be Paid in Bitcoin


Chile finance minister lashes out at lithium miner SQM top shareholder Julio Ponce -TV interview
Central Bank of India sells stake in housing finance biz
The company said the deal was expected to close in about 2-3 months. Cent Bank Housing Finance is a financing and mortgage firm jointly


Real estate and financial Services to lead healthy recovery in emerging markets
Real estate and financial Services to lead healthy recovery in emerging markets. Broad tailwinds such as cyclical recovery and dollar weakness,


Finance Ministry okays 8.5% on PF deposits for 2019-20
Payment of the interest rate of 8.5% would leave the retirement fund body with a surplus of Rs 700 crore, as estimated earlier by its Finance


Finance committee approves five developmental works
Five developmental projects of the Municipal Corporation of Gurugram (MCG) were approved by the Finance and Contract Committee (F&CC)


Interview: Prashanth Ranganathan, CEO, payU Finance India: BNPL & credit lines for large spends to drive growth
Interview: Prashanth Ranganathan, CEO, payU Finance India: BNPL & credit lines for large spends to drive growth . By: Shritama Bose |.


Shriram Transport Finance plans to raise funds via debt securities
Shriram Transport Finance Company said in this regard the meeting of the banking and finance committee/debt issuance committee / bond


Top Financial Resolutions for the New Year and How to Achieve Them
The personal finance site polled 3,000 people, a majority of whom listed their financial priorities as save more, spend less and reduce debt.


Finance and Commerce
Abdallah Candies building acquired for $5.35M – Finance
Kelly joined Finance & Commerce in late 2020 as an economic developer reporter. She s a 2019 graduate of the University of Minnesota,


Hot Stocks | HEG, Muthoot Finance, Maithan Alloys can give up to 12% return in short term
Hot Stocks | HEG, Muthoot Finance, Maithan Alloys can give up to 12% return in short term. During this quarter, Nifty has gained 3,500 points or


RBI s new draft on dividends to make NBFCs balance sheet strong, create surplus for fresh loans
RBI s latest draft on the declaration of dividends by non-banking financial companies (NBFCs) may help them in strengthening their balance


Finance Ministry releases 9th installment of Rs6,000cr to States for meeting GST compensation shortfall
Finance Ministry releases 9th installment of Rs6,000cr to States for meeting GST compensation shortfall. Out of the total, about Rs5,516.60cr was


Wall Street s latest shiny new thing: quantum computing
Many financial calculations boil down to optimisation problems, Finance is not the only industry looking for a way to profit from even the small,


Airtel may convert its payments bank to small finance bank
He added, At some point in time, it will look to get its payment bank license upgraded to (that for) small finance bank, which could enable lending


FinCEN s Advance Notice of Proposed Rulemaking: How Financial Institutions Can Enhance AML Programs and Prepare for Changes Ahead | New York Law Journal
16, 2020, the U.S. Department of the Treasury s Financial Crimes the evolving threats of illicit finance, and to provide financial institutions with


After Egregious Delay, Education Nonprofit Scores DOE
After Egregious Delay, Education Nonprofit Scores DOE Finance Data. 0. Education Institute of Hawaii only obtained complete financial


Dilip Chhabrias car design firm suspected to have cheated many finance cos
Various Non-Banking Finance Companies including BMW Financial Services were duped in this way, police said. The crime branch is now


Netflix, FaceTime, Zoom, Xbox, and Uber Eats — The tech that got us through 2020


Agreements of finance for Jewar Airport to be closed by April next year
The concessionaire of the upcoming airport at Jewar, Yamuna International Airport Pvt. Ltd (YIAPL), plans to complete all the financing


Finance officer who exposed alleged irregularities in Bangalore University relieved
K.R. Venugopal, Vice Chancellor of Bangalore University, issued an order relieving Parvathi H.B. from her post as Finance Officer, and asking her


Daniel Loeb s Third Point to raise its first VC fund
J&K Finance Department directs departments to derive full
Jammu, December 28: J&K Finance Department directs departments to derive full potential of Government-e-Market place, circular copy with


Stocks to Watch: Vedanta, GIC Housing Finance, RIL, Future Group, JSPL
Stocks to Watch: Vedanta, GIC Housing Finance, RIL, Future Group, JSPL · Vedanta: Promoters of Vedanta Ltd have pledged their holding in the


Globalnews.ca
WATCH ABOVE: Ontario Finance Minister Rod Phillips is on his way back to Toronto after Premier Doug Ford ordered him to return from his


Private banks taking away share from PSBs in rural credit: RBI
While PSBs dominate bank lending to non-banking financial companies (NBFCs), their share has declined since March 2020, with the space


The Globe and Mail
Paying down debt is still Canadians top financial priority heading into 2021, poll finds
1 financial goal of Canadians heading into the new year, with many saying they took on more debt this year to cover day-to-day expenses and


EU, China leaders seal long-awaited investment deal
that may get government support and easier access to financing. cloud and financial services, international maritime transport and air


Exclusive: Finance Ministry Had Endorsed Mandi Tax, Which BJP Is Criticising to Counter Protests
The finance ministry had said, Market fee is not a tax and the concerned APMC provides facilities in mandis in exchange for the amount. Dec 28,


Shriram Transport Finance approves allotment of NCDs worth Rs240cr
Shriram Transport Finance approves allotment of NCDs worth Rs240cr. The company issued redeemable NCD of the face value of Rs10 lakhs


Christmas and New Year gifts could be taxable
Instead, the value of all gifts combined should not be over ₹5,000 in a financial year for them to remain tax-free. Some companies deduct


Biden should maintain restrictions on U.S. financial services companies going into China
Yet, when it comes to finance, competition is only part of the story. While the U.S. government is pursuing financial sanctions against China,


Finance Ministry extends deadline for making a declaration under Vivad Se Vishwas Scheme
The Ministry of Finance has extended the deadline for making a declaration under Vivad Se Vishwas Scheme till 31′ January, 2021 from 31st


After 2 suicides, another case of harassment by app-based finance company in Telangana surfaces
Key Highlights. A man, harassed by online finance company approached the cops in Telangana and lodged a complaint; The man alleged that


9 Basic Financial And Analytics Metrics Every Startup Founder Should Know


MSME Finance Week focuses on solutions to challenges around MSME financing
Identifying challenges in MSME Financing. The MSME sector had challenges pre-COVID, and the pandemic has only aggravated them. To set the


Finance ministry receives suggestions on fiscal policy, green growth during pre-Budget consultations
Besides the finance minister, minister of state for finance Anurag Singh Thakur, finance secretary A B Pandey, financial services secretary


Govt plans to set up a development finance institution in 3-4 months: DFS Secy
We need a development financial institution as infra financing needs patient capital, and banks are currently not suited for lending for long term


Finance dept J&K orders for SHG products on Govt e-market
Jammu, December 30: Finance department Jammu and Kashmir ordered for SHG products on Govt e-market place & their procurement by all


Exclusive: Mexican finance minister picks holes in central bank cash bill


V-shaped recovery is evident, global uncertainty not mirrored in India, finance ministry says
The finance ministry added that the fundamentals of the economy remain in 2020-21, but many financial institutions and rating agencies have