With the dollar index plumbing new lows, the Indian rupee is expected to open a tad higher on Tuesday but is unlikely to keep up with some Asian peers. According to the 1-month non-deliverable forward, it was forecasted that the…
The RBI recently changed its rules for mobilization of deposits leading to a future expected expansion of non-convertible debentures (NCDs) for deposit-taking housing finance companies (HFCs). As per the new guidelines declared this week, the limit for public deposits has…
As the RBI scales up the requirements for P2P non-bank lending platforms – the industry is gearing up for a request to change rules and clarification. P2P lending companies are expressing concern about the new regulation that seeks to compel…
RBI Warns on Regulatory Default by NBFC-P2P Lending Platforms, Stiffens Standards. There has been a recent emergence of NBFCs in the Indian market that are engaged in offering P2P lending services, for which several such NBFCs have been found by…
Ola Electric Mobility gets the boost it needs as HSBC gives it a thumbs up sending its shares through the roof. Ola Electric Mobility’s shares rose by 20 percent for the week and touched the upper circuit level of Rs…
The former is a dumb numbs: The SEBI is gradually experiencing some operations as more ‘hardcore’ dues appear over the last three fiscal years. As per the last annual report, such outstanding dues have risen to ₹76,293 crore in FY24…
Singapore (Reuters) – Asian stocks are set to post a weekly rise, and with the benchmark Nikkei index for Japan set to record the strongest weekly performance in over four years. This boost in market performance arises at the same…
The present moderate inflation reading is a bonus that has given the Federal Reserve the push it needs to think of rate cuts in September. This might be a change of position on the part of the Fed – a…
