End of ECB tax breaks a GIFT for Gujarat Financial Centre
As a decade of tax breaks offered by India to encourage overseas borrowing ends, Gujarat International Finance Tec-City (GIFT City) ...
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Tag: bfsi
NARCL to step up acquisitions of distressed assets in FY24
The government-promoted National Asset Reconstruction Co Ltd (NARCL) will step up the pace on the acquisition of distressed assets this ...
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FY’23 loan growth at 11 year high despite steep hike in lending rates
Credit growth continued to outpace deposit growth in FY'23 at an eleven year high even as banks have transmitted fully ...
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G20 development banks panel may list priorities at September meet
The G20 expert group on strengthening multilateral development banks (MDBs) may present some priority areas with timelines for consideration at ...
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U GRO CAPITAL LAUNCHES GRO X APP, ‘CREDIT LINE ON UPI’ FOR SMALL BUSINESSES
Key Highlights: • Collateral free instant credit lines to small merchants.• GRO X allows MSMEs to not only avail credit ...
Read moreRaghuram Rajan says banking system is headed for more trouble
Raghuram Rajan — the former International Monetary Fund chief economist who predicted the global financial crisis more than a decade ...
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Irdai to insurers: Cut costs, pass on gains to customers
India's insurance regulator has asked insurers to slash expenses and pass on those savings to their customers, potentially helping lower ...
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CCI approves SREI Infra Finance’s acquisition by NARCL, IDRCL
Fair-trade regulator CCI on Thursday said it has approved the acquisition of SREI Infrastructure Finance by National Asset Reconstruction Company ...
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New Umbrella Entity: Nothing innovative presented by applicants, says RBI
Six New Umbrella Entity (NUE) hopefuls, including Facebook, Google and Amazon, have failed to present any innovative solution due to ...
Read moreInvestment bankers get USD 261.5 million in Q1 despite fall in deal making activities: Report
Despite a massive fall in deal making in the March quarter, deal makers laughed their way to the bank with ...
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