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Buy Shriram City Union Finance; target of Rs 2000: Cholamandalam Securities

SCUF’s, AUM grew by 7.7% YoY to INR 296bn in 4QFY19 predominantly led by growth in SME (14.8%YoY), 2Ws segment (6.9%YoY), and Other Non-gold loans (4.3%YoY). Consequently the loan mix was noted at SME...

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ICRA downgrades Yes Bank, Anil Ambani’s Reliance Home Finance, Commercial...

For the Anil Ambani-run Reliance Home Finance, where the agency has an outstanding rating on a Rs 1,200 crore commercial paper program, the rating has been downgraded to junk grade of D from A4 with...

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Finance panel to reconcile data for its report

Amid a cloud over the credibility of India’s key economic statistics, the 15th Finance Commission  has said that it will reconcile data from various public sources to come up with its own conclusion of...

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Indiabulls Housing Finance falls 2% post Moody’s corporate family rating

Shares of Indiabulls Housing Finance slipped more than 2 percent intraday Monday after Moody’s initiated the corporate family rating at Ba1. The international rating agency Moody’s has initiated the...

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Venice floods show Europe needs sustainable finance to avoid disaster

In November last year, high winds combined with a seasonal high tide put much of Venice under water as well as causing the devastating loss of life and destruction elsewhere in Italy. The Venetian...

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New To The Finance Field? 10 Industry Pros Offer Tips For Young Executives

Today’s finance professionals are entering the workforce at a difficult time. New technology and currencies are rising, the market is in flux, and the economy is increasingly global, making it...

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Eveready Appoints Two Senior Finance Officials, Co Denies

Eveready Industries India Ltd (EIIL) has appointed two joint chief financial officers, amid talks that its parent, the Williamson Magor Group, is scouting for a strategic partner for the dry cell...

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Hopes of cheaper finance, consumption growth to propel equities

Reserve bank of India will announce the FY20’s second bi-monthly monetary policy on June 6. Currently, the policy repo, or central bank’s short-term lending rate for commercial banks, stands at 6 per...

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RBI to consider ‘on tap’ licensing for small finance banks

The Reserve Bank of India (RBI) on June 6 said it was considering “on tap” licensing for small finance banks. The central bank said it would issue draft guidelines on the licensing of such banks by...

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10 Top Personal Finance Bloggers to Follow in 2021

With the new year right around the corner, one of the top things you’ll inevitably want to focus on will be your finances—especially after a year like 2020. To help you accomplish that, here is a list...

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