Posted in Finance

Repco Home Finance Q1 earnings fail to shine as growth remains elusive

Repco Home Finance (RHF), an established housing finance company in South India with over 15 years of operations, reported subdued Q1 FY20 earnings. Net profit…

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Posted in Finance

Q1 results: Muthoot Finance posts 9% rise in consolidated PAT

The consolidated profit after tax of Muthoot Finance Ltd has registered a 9 per cent increase at Rs 563 crore in Q1 against Rs 518…

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I’ve helped more than 400 millennials fix their finances—and these are their 6 biggest money mistakes

The road to financial independence can be a struggle for many, especially for millennials. But it’s not impossible if you gain the right knowledge and commit to…

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New World Fund sells Shriram Transport Finance’s shares worth Rs 148 cr

New World Fund on July 25 offloaded over 15 lakh shares of NBFC firm Shriram Transport Finance Company Ltd for about Rs 148 crore through open market…

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Who will bear the cost of zero MDR?: Payment cos ask Finance Ministry, RBI

Given higher costs, digital payment providers doubtful of banks footing the bill Who will bear the cost of zero Merchant Discount Rate (MDR)? This is…

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L&T Finance arm becomes first NBFC to get $100 million loan from AIIB

The Asian Infrastructure Investment Bank (AIIB), a multilateral development bank headquartered in Beijing, has provided a $100-million loan to L&T Infrastructure Finance Company Limited (LTIF),…

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What does the startup ecosystem expect from Finance Minister Nirmala Sitharaman’s maiden Budget?

All eyes will be on Finance Minister Nirmala Sitharaman on July 5 as she presents her first Budget. And expectations from the Union Budget 2019 are aplenty…

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PSBs infused with ₹3.19 trillion capital in last five years: Finance Ministry

New Delhi: Over the last five Financial Years (FYs), public sector banks (PSBs) have been infused with capital to the extent of ₹3.19 trillion, with recapitalisation of ₹2.5…

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Pakistan opens airspace for west-bound flights from India: Officials

Pakistan has opened one of its eleven air routes enabling west-bound flights from India to make use of its airspace. Airlines such as Air India…

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DHFL rises above 5% after Warburg Pincus acquires stake in Avanse Finance

Shares of Dewan Housing Finance Ltd rose as much as 5.90 percent on Monday on reports that global private equity major Warburg Pincus Group is likely…

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