Best ELSS Mutual Funds to Invest: A Guide for Smart Tax-Saving Investments Equity Linked Savings Schemes (ELSS) are among the most popular investment options for those looking to save on taxes while enjoying the potential for long-term wealth creation. These…
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INDIA-CENBANK-India cenbank retains SBI, HDFC Bank, ICICI Bank in too-big-to-fail list
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The $850 million private credit facility from Standard Chartered Bank, which carries a high interest rate of 18%, is secured against future brand fee receivables. These brand fees, projected at around $300 million annually, help VRL with a recurring revenue…
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IDFC FIRST Bank launched its inaugural “Start-up Lounge” in Bangalore to bolster early-stage businesses. The lounge offers resources, mentorship, and networking opportunities, including a dedicated banking program with tailored financial solutions. The bank aims to foster innovation and growth within…
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“Every other telco will have to follow this new wave,” SoftBank Group CEO Masayoshi Son said at an AI event where he was speaking alongside Nvidia CEO Jensen Huang.
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External commercial borrowings in September dropped by $1.1 billion to $4.8 billion. Financial services led the borrowing activity, with Power Finance Corporation raising $1.06 billion. Other key borrowers included Shriram Finance and Cholamandalam Investment.
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