A noticeable gap between credit and deposit growth is troubling the banking landscape. Consumers are shifting their savings from traditional deposits to diverse financial options. Amid geopolitical uncertainties and rising oil costs, companies are requesting more working capital loans. To…
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State Bank of India (SBI) has no plans to dilute its stake in SBI Funds Management following the asset management company’s stock market debut, Chairman C.S. Setty said on Tuesday, adding that the public listing was aimed at giving retail…
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Foreign currency inflows are strengthening India’s balance of payments position. The Reserve Bank of India’s measures have mobilized over twenty billion dollars. This inflow is significantly higher than anticipated by economists and analysts. Such robust initial response bodes well for…
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Yogiji Digi Ltd has filed preliminary papers with Sebi for an initial public offering. The company plans to raise funds through a fresh issue and an offer for sale. Proceeds will support working capital needs and repay outstanding borrowings. The…
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June 2026 marked a notable five percent growth in India’s core industries index, with iron ore production soaring to forty-three point nine percent. Significant growth was also observed in cement and electricity. Conversely, natural gas and crude oil outputs faced…
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NaBFID will issue zero-coupon bonds valued at twenty thousand crore rupees. This move supports the institution’s long-term capital mobilization for infrastructure projects. Investors will receive the full redemption amount after a ten-year maturity period. The Central Board of Direct Taxes…
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