finance update 2

Date: 25th jan 2021
Small finance banks low NPA ratio reflects better credit risk management: RBI
One of the creditable features associated with micro finance has been its lower loan defaults, which have been made possible by better
Home First Finance Company IPO Fully Subscribed On Day 2
Home First Finance s Rs 1153.71-crore IPO comprises a fresh issue of Rs 265 crore and an offer for sale of Rs 888.72 crore by promoters and
Budget 2021: Govt may announce national bank for infra financing
Finance Minister Nirmala Sitharaman may announce a national bank in Budget 2021 on February 1.
IRFC IPO share allotment to be finalised today. How to check application status
IRFC IPO was subscribed nearly 3.5 times.IRFC shares are likely to get listed on 29th January.
Blackstone-backed Aadhar Housing Finance files DRHP for big bang $1-billion IPO
Aadhar Housing Finance IPO is expected to be a combination of fresh and secondary issue of shares.
Budget 2021: Govt May Announce National Bank For Ease of Financing Big Infra Projects
Finance minister Nirmala Sitharaman may announce a national bank in the upcoming Budget 2021 on February 1 for easy access to low cost
Stocks in the news | RIL, Yes Bank, Tata Motors, Oberoi Realty, Gland Pharma, JM Financial, IIFL Finance
Birla Corp, UltraTech Cement, Supreme Industries, Mahindra Lifespace, Piramal Enterprises, Grasim Industries, Crompton Greaves Consumer,
IPO Update: Last day to bid for Home First Finance IPO; Stove Kraft s Rs 412 crore issue opens today
While today will be the last day for Home First s IPO, the day will also mark the opening of Stove Kraft Ltd s public issue.
Personal Finance: How to pick the right health insurance
Post the outbreak of the Covid-19 pandemic, demand for health insurance policies has gone up. Here s a guide on what to keep in mind before
Home First Finance IPO: Strong growth prospects justify higher valuations
Home First Finance is an affordable housing finance company which targets homebuyers in the low- and middle-income group. Nearly
SIAM seeks affordable finance to boost demand and expects compliance to vehicle insurance would increase
During the second edition of the SIAM Automobile Finance & Insurance Summit themed on “Re-Connecting with Customers during Challenging
Bajaj Finance, HUL, Lupin, Nifty, Bank Nifty, VIX and some important Analytics II All Explained
Bajaj Finance, HUL, Lupin, Nifty, Bank Nifty, VIX and some important Analytics II All Explained. This week Nifty was very volatile with a
Reliance Home Finance Q3 loss widens to Rs 340 crore
Total income fell to Rs 174.66 crore in the quarter under review from Rs 442.03 crore in the same period of 2019-20, Reliance Home Finance
15 Personal-Finance Lessons We Can All Learn From the Year of Covid-19
Lessons about how personal finance is truly personal. And much more. These are some of the lessons we heard about when we asked financial
Large NBFCs like Bajaj Finance, Mahindra Finance face stiff, bank-like rules
Faced with failure of IL&FS and Dewan Housing, which threatened the stability of the financial system, the Reserve Bank of India (RBI) has now
Home First Finance IPO sails through on Day 1
The housing finance company (HFC) had on Wednesday raised a little over Rs 346 crore from 25 anchor investors. · Download ET App:
Ahead of Union Budget, traditional halwa ceremony held at Finance Ministry
Union Finance Minister Nirmala Sitharaman and Union Minister of State for Finance and Corporate Affairs Anurag Thakur took part in the
Tech frees finance chiefs for broader roles
For aspiring chief financial officers who are interested in tech, digital transformation is opening up opportunities, says Brian Montgomery, finance
Home First Finance IPO fully subscribed on Day 1: 10 things to know
The IPO of mortgage financier Home First Finance opened today and the issue was 1.03 times subscribed on Day 1. The company has fixed a
Bajaj Finance has enough headroom to withstand moderate downside risks: S&P
Rating agency Standard and Poor s (S&P) on Friday said that Bajaj Finance Ltd has sufficient financial headroom to withstand moderate
Finance Ministry allocates ₹660 cr additional funds to MP for capex
The finance ministry on Sunday said it has allocated an additional ₹660 crore to Madhya Pradesh for capital expenditure to undertake
Reliance Home Finance Q3 results: Loss widens to Rs 340 cr
Total income fell to Rs 174.66 crore in the quarter under review from Rs 442.03 crore in the same period of 2019-20, Reliance Home Finance
Insurance, investment and real estate changes personal finance experts want from Budget 2021
In this video, we bring in 6 personal finance and financial industry experts to share their wish lists from Budget 2021. Follow @EconomicTimes.
Demand for gold loan surging: Muthoot Finance
NBFC Muthoot Finance said the demand for gold loan is consistently rising. Managing director George Alexander Muthoot told FE the company
Indigo Paints or Home First Finance, which IPO is a safe
Mortgage financier Home First Finance Company has fixed a price band of Rs 517-518 a share for its initial share-sale. Now, which one is better
US: Dev Jagadesan Acting Head Of International Development Finance Corporation. US President Joe Biden has named Indian-American Dev
Home First Finance Company IPO subscribed 2.2 times, retail portion booked 3.4 times on Day 2
The initial public offer of Home First Finance Company India, a technology- driven affordable housing finance player with over 44,000
ICRA reaffirms IIFL Finance s long term rating at ICRA AA-
IIFL Finance was trading at Rs118.10 per piece up by 0.51% at around 10:55 AM on the BSE. Jan 25, 2021 10:01 IST | India Infoline News Service. A + A – .
Project Finance Brief: Lightsource bp Acquires 1.06 GW Spanish Solar Portfolio
CIT Group announced that its power and energy business led a $69 million financing for a portfolio of solar projects owned and operated by
Stocks to Watch: Bajaj Finance, SBI, HUL, Vedanta, IIFL Finance, Sobha
Bajaj Finance: India s largest non-bank lender will report it December quarter earnings today. The company s consolidated net profit fell 36% to
Power Finance Corporation launches issue of USD 500 mn 3.35% Notes due 2031
Power Finance Corporation launched issuance of U.S.$500,000,000 3.35 per cent notes due 2031 under the U.S.$5,000,000,000 Global
Traditional halwa ceremony held at Finance Ministry, ahead of Union Budget
New Delhi: Finance minister Nirmala Sitharaman launched the Union Budget mobile app on Saturday, even as final stages of FY 2021-22
Budget 2021: Super agency to probe financial sector frauds on cards
If it comes through, the proposal, which is now shuttling between the finance and home ministries, is likely to land on the latter s plate.
Home First Finance IPO subscribed 1.25 times on Day 2 so far
The housing finance company (HFC) had on Wednesday raised a little over Rs 346 crore from 25 anchor investors. On the block is an offer for
Investors relieved as RBI s proposed norms for NBFCs leave breathing space
India s big non-banking finance companies (NBFCs) would soon have to meet stricter guidelines than their banking peers are subject to,
Credit risks better-managed at small finance banks: RBI bulletin
MUMBAI: The bad loan ratio of small finance banks (SFBs), among the latest entrants in India s financial system, has remained moderate since
Home First Finance IPO opens on Thursday. Should you subscribe?
Revenue rose by 73.8% to Rs 398.6 crore while net profit surged five-times to Rs 79.2 crore during the period. Home First Finance Company
10 tribal students to finance, yet Maharashtra misses target 6 years in row
10 tribal students to finance, yet Maharashtra misses target 6 years in row. Sujit Mahamulkar | TNN | Updated: Jan 25, 2021, 08:15 IST.
Do not panic when Finance Minister Nirmala Sitharaman reads out the revised estimates
In an aspirational goal of becoming a $5-trillion economy by 2025, India s Finance Minister Nirmala Sitharaman put forward some projections
Home First Finance IPO: Subscribe For Long Term, Says Motilal Oswal
Home First Finance IPO: Subscribe For Long Term, Says Motilal Oswal. Motilal Oswal Financial Services. Bookmark. Jan 22 2021, 4:11 PM Jan 22 2021, 4:11
Thailand to sell $2 billion savings bonds to finance stimulus measures
Bandhan Bank s collection efficiency hit in Assam as state passes micro-finance bill
MUMBAI : Bandhan Bank, a large player in the micro-finance market, has seen its collection efficiency dip in Assam days after the Bharatiya
Home First Finance IPO kicks off: Should you subscribe?
NEW DELHI: The Rs 1,153.71-crore Home First Finance IPO kicked off on Thursday, a day after the housing finance company (HFC) raised a little
Home First Finance garners Rs 346 cr from anchor investors ahead of IPO
Explore Now. Mortgage financier Home First Finance Company (HFFC) on Wednesday raised a little over Rs 346 crore
L&T Finance Rs 3,000 cr rights issue to open for subscription on Feb 1
L&T Finance Holdings on Monday said its board has fixed the price at Rs 65 per share for the Rs 3,000 crore rights issue which opens for
Bajaj Finance Q3 results: Net profit falls 29% to Rs 1,146 cr; provisions, bad loans rise
The financial companies have been barred from declaring bad loans by the Supreme Court. Notwithstanding the order, the GNPA and net NPA
Europe Will Regret Stealing London s Finance Business
Europe Will Regret Stealing London s Finance Business replace the unfettered access to EU markets that U.K. financial firms once enjoyed.
Indian Railway Finance Corporation IPO allotment: Here s how to check share allotment status
The basis of allotment for ₹4,634 crore initial public offering (IPO) of Indian Railway Finance Corporation (IRFC) will be announced Tomorrow
L&T Finance Holdings rights issue to open on Feb 1; stock surges 7%
Shares of L&T Finance Holdings were up 7 per cent at Rs 106 on the BSE on Tuesday. The company has fixed January 22, 2021 as record
Bajaj Finance Q3 results: Profit falls on slow loan growth, high provisions
Sundaram Finance appoints Rajiv Lochan as new MD
Sundaram Finance appoints Rajiv Lochan as new MD. By: FE Bureau |. January 21, 2021 12:10 AM. Harsha Viji, deputy MD, will assume the office of executive
IRFC IPO: Check share allotment status via BSE, registrar s website; grey market premium, listing date
The Rs 4,633-crore Indian Railway Finance Corporation (IRFC), which first public issue by a railway non-banking financial company (NBFC).
BW Businessworld
High-powered panel s minutes reveal farm bills were never
The Finance Minister added that he had already released the eight-page minutes of the meeting in the public domain on 18th September 2020.
Home First Finance Company IPO to open this week. Details here
The company has fixed a price band of ₹517-518 a share for its initial share-sale. Home First Finance IPO will be the third IPO this year after
Subscribe to Home First Finance Company India: Hem Securities
Hem Securities has come out with its report on Home First Finance Company India. The research firm has recommended to Subscribe the ipo in
The options we have to finance our economic revival
But who will finance the government and then the private-sector capital expenditure cycle? India is one of the world s high saving countries,
Hindustan Times
Panjab University s board of finance approves budget of ₹600 crore for 2021-22 financial year
Panjab University s board of finance (BoF) on Thursday approved a revenue expenditure of ₹599.74 crore for the 2021-22 financial year. Also
PNB Housing Finance to consider fund raising via equity route
PNB Housing Finance announced that the Board of Directors of the company will meet on 27 January 2021 to consider fund raising by way of
Investor anxiety mounts over prospect of stock market bubble
“It s important to remember how retail investors are financing these where a rise in margin finance sent stocks soaring before a brutal crash.
The working of a project finance economy
Project finance economies have different imperatives from working capital economies. They need investment to fill the gaps in their infrastructure
Hyderabad: Gold finance fraud case accused held
Hyderabad: Gold finance fraud case accused held. TNN | Updated: Jan 25, 2021, 07:38 IST.
Buy L&T Finance Holdings, target price Rs 110: JM Financial
L&T Finance Holdings Ltd. key Products/Revenue Segments include Dividend which contributed Rs 386.37 Crore to Sales Value (81.26 % of
Indian Railway Finance Corporation IPO closes today; issue subscribed 3.5 times, QIB portion booked 3.8
IRFC s primary business is financing the acquisition of rolling stock assets, which includes both powered and unpowered vehicles. Over the last
Stocks in focus: Reliance Industries, Yes Bank, JSPL, Bajaj Auto, Muthoot Finance, SBI Life, MCX
Muthoot Finance: Muthoot Finance said the demand for gold loan is 435 crore during the corresponding period of the previous financial year.
Budget 2021 Stocks With Anil Singhvi – Repco Home Finance is a TOP stock from budget viewpoint; Market Guru
Top Stock to Buy with Anil Singhvi – Repco Home Finance: In today s edition of Budget 2021 Stock Picks with Zee Business Managing Editor
Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2020
Upward revision to full-year FY2020 financial forecasts. Selected Consolidated Results of Operations (Unaudited) (IFRS-Based). Yen in millions,
Tamil Nadu: Gang robs 25kg of gold from finance firm
A team from the Hudco police station conduct inquiries with the staff of Muthoot finance firm at Hosur. Raju, a customer who was present when the
Indian Railway Finance Corporation to finalise IPO allotment next week; here s how you can check the
Indian Railway Finance Corporation to finalise IPO allotment next week; here s how you can check the status. The shares will get credited to the
Budget 2021: Divestment Continues But Little Progress On Privatisation
Each year, the finance minister puts out a number that gets much The government has not undertaken any privatisation in the financial sector.
Market LIVE Updates: Indices trade lower amid volatility; Grasim, UPL top gainers
V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services: The decline in Nifty by 218 points on Friday was caused by high level of
Financials stocks edge higher
Financials stocks were trading in green, with the S&P BSE Finance index increasing 5.97 points or 0.08% at 7053.13 at 09:48 IST. Among the
Home First Finance IPO to open on Thursday: price band, grey market trend and other key details
Read More News on · Growth at Reasonable Price Aurobindo Pharm923.802.39% Muthoot Finance1165.40-1.48% UPL 566.95-3.01%.
Govt to sell B60 bn of savings bonds to finance stimulus
The government will sell 60 billion baht of government savings bonds next month to help finance stimulus measures to mitigate the impact of its
Finance chiefs prepare for potential rule changes, return to the office
Finance chiefs, bankers and deal advisers say they are turning more optimistic about the economic outlook as Covid-19 vaccines are rolled out
Reasons to Include Bajaj Finance FD in One s Investment Portfolio
Investing in a Bajaj Finance FD is all the more important during these times, and here are some reasons why. Assured Returns Fixed Deposit can
Cosmopolitan Businessman Gianluigi Ventre Is Leading Others to Financial Freedom With Price Action Trading
Gianluigi now focuses much of his time on helping others achieve financial freedom through the different aspects of success he has learned
Indian Railway Finance Corporation IPO opens today: 10 things to know about the issue
Indian Railway Finance Corporation believes that the following are its competitive strengths: a> Company played a strategic role in financing the
L&T Finance Q3 net profit slips 51% to ₹291 crore
L&T Finance Holdings on Friday reported a 51% drop in consolidated net profit at ₹291 crore crore during the third quarter ended 31
Stocks in focus: Bajaj Finance, HDFC AMC, Havells India and more
Here are the top stocks that are likely to be in focus in today s trading. Bajaj Finance, HDFC AMC, Havells India, Asian Paints, Bajaj Finserv.
Dear FM, here are 5 personal finance ideas for Budget 2021 from us to you
Finance Minister Nirmala Sitharaman has already stated that increased spending in Union Budget 2021 will lay the foundation for strong
Buy LIC Housing Finance, target price Rs 453: Yes Securities
LIC Housing Finance Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 21546.59 Crore) operating in
Stocks To Watch: Bajaj Finance, Den Networks, HCL Tech, L&T Finance Holdings, PVR, SAIL
Nifty: HCL Technologies · Non-Nifty: Hathway Cable & Datacom, Plastiblends India, L&T Finance Holdings, PVR, Shoppers Stop, Yaarii Digital
Finance, BFSI sectors opting for managed spaces to conserve capital, get flexibility
Such firms are looking at taking up managed spaces for newer projects if they do not have space in their existing portfolio. Finance and BFSI
Bajaj Finance Q3 preview: Bottomline likely to fall by 25%, margins may be under pressure
“Bajaj Finance s AUM has fallen 1% YoY, and grew at 4.8% sequentially in an otherwise best quarter as the company remained risk-averse.
IIFL Finance receives affirmation in credit ratings from ICRA
IIFL Finance announced that ICRA has reaffirmed the rating assigned to the short term debt programmes at [ICRA] A1+ and the rating of
Indian Railway Finance Corporation (IRFC) IPO opens next week. Key things to know
IRFC is the first NBFC in the PSU sector that is going public · IRFC, set up in 1986, is a dedicated financing arm of the Indian Railways.
Budget 2021: Customary halwa ceremony to be held tomorrow, FM, MoS Finance and other officials to be present
Finance Minister Nirmala Sitharaman, Minister of State for Finance Anurag Thakur, Secretaries of Finance Ministry and other officials of the
Stocks to watch: HDFC, DHFL, Bajaj Finance, Edelweiss Financial, IDBI Bank
Stocks to watch: HDFC, DHFL, Bajaj Finance, Edelweiss Financial, IDBI Bank. SI Reporter | New Delhi | Last Updated at January 05 2021 08:46
COVID-19 prompts Indians to scurry for life cover: Max Life Survey
Family members contracting the disease, financial security in case of the breadwinner s death and cost of COVID-19 treatment figured in the top
Stocks in the news: Bajaj Finance, Hind Zinc, HDFC AMC & Bajaj Finserv
Here are a few stocks which may buzz the most in today s trade: Bajaj Finance, Bajaj Finserv, Hind Zinc: HDFC AMC, Bajaj Finance, Bajaj Finserv
cKers Finance partners with OTO Capital for E2W leasing
An NBFC focused on financing sustainability and clean energy projects, cKers Finance aims at faster adoption of clean mobility for personal transport. It has been
Op-ed: A new global arms race in digital finance is heating up
Digital finance and the monetary system is leveraging decentralized blockchain technology to modernize financial markets. Dominant players
Lenders extend ICA for Reliance Home Finance resolution till Mar 31
Reliance Home Finance, part of Anil Ambani-promoted Reliance Group, recently got bids from six suitors as part of the debt resolution process.
Sensex reclaims 49K mark, Nifty nears 14,450; Bajaj Finance, SBI, ONGC top gainers
On Sensex, Bajaj Finance was the top gainer, rising around 2 per cent, followed by SBI, ONGC, IndusInd Bank, Reliance Industries, HDFC and
3 Housing Finance Stocks That Can Generate Solid Returns
Asset quality concerns are reducing. HDFC and Indiabulls Housing Finance (IHFL) have also raised capital. The stance of the regulator is
Covid-19 s Financial Toll Mounts as Homeowners Keep Postponing Mortgage Payments
Covid-19 s Financial Toll Mounts as Homeowners Keep Postponing Mortgage Payments. Some 2.7 million homeowners are still pausing their