Cash News Natural disasters — from floods and wildfires to hurricanes, tornadoes and snowstorms — seem to be in the news all too frequently. As you watch or read stories about the challenges facing victims of the latest disaster, you might try to convince yourself that it will never happen to you. Nearly everyone, however, […]
AU Small Finance Bank aims to maintain credit-deposit ratio within 80-85% range #CashNews.co
Cash News AU Small Finance Bank, which primarily focuses its services on the unorganised sector—including micro and small enterprises as well as farmers— expects to maintain its credit-deposit (CD) ratio within the range of 80 to 85%. Highlighting the bank’s current credit-deposit (CD) ratio that stands at around 86%, Sanjay Agarwal, Managing Director and CEO […]
Global Brokerages Stocks Recommendation: Bajaj Finance, DMart, United Spirits, Godrej Properties, AU Bank & more #CashNews.co
Cash News As Dalal Street enters the October 24 session, brokerages have several stocks on their radar. Here’s what Jefferies, Citi, CLSA, Goldman Sachs, JPMorgan, Macquarie, HSBC, and Nomura make of stocks such as Bajaj Finance, DMart, United Spirits, Godrej Properties, AU Small Finance Bank, Coforge, and KPIT Technologies: Stock Recommendation | Navin Fluorine International […]
Prasad calls for clearer climate finance targets at V20 Dialogue – FBC News #CashNews.co
Cash News Deputy Prime Minister and Minister of Finance, Professor Biman Prasad at the V20 Ministerial Dialogue [Source: Ministry of Finance/Facebook] Deputy Prime Minister and Minister of Finance, Professor Biman Prasad, has urged global leaders to be more specific about what is needed to address the climate finance crisis. Speaking at the V20 Ministerial Dialogue, […]
‘I’m a finance expert – how capital gains and inheritance tax will be hit in the Budget’ | Personal Finance | Finance #CashNews.co
Cash News With the first Labour Autumn Budget in 14 years just one week away, speculation is rising on what to expect. Chancellor Rachel Reeves has warned of tax rises and spending cuts to a value of £40billion, and capital gains and inheritance tax could be a key target, an expert has said. Craig Rickman, […]
AU Small Finance Bank Q2 results: Net profit soars 42% to ₹571 crore #CashNews.co
Cash News AU Small Finance Bank reported a robust 42% year-on-year increase in net profit for the second quarter ended September 30, 2024, amounting to ₹571 crore, compared to ₹402 crore in the same quarter last year. This latest figure also reflects a 13.5% rise from the net profit of ₹503 crore recorded in the […]
Stock market today: McDonald’s and Starbucks shares tumble #CashNews.co
Cash News Japan’s shares dropped, and China’s floated higher on a day when both countries saw blockbuster IPOs, while investors punished Starbucks, McDonald’s, and Deutsche Bank in early trading. S&P 500 Futures: 5,884.75 ⬇️ down 0.13% S&P 500: 5,851.20 ⬇️ down 0.05% Nasdaq Composite: 18,573.13 ⬆️ up 0.18% Dow Jones Industrial Average: 42,924.89 ⬇️ down […]
Government to pilot ‘outcomes contracts’ in social investment push; Finance Minister Nicola Willis to speak #CashNews.co
Cash News Providers complain that the Government “ties their hands by requiring specific outputs that prevent them from innovating to provide services more effectively” and some providers are forced to “‘contract farm’ to secure piecemeal funding across multiple contracts in order to ensure they can stay afloat and serve their communities”. Willis will argue that […]
Muthoot Finance raises ₹3,350 crore in senior secured notes #CashNews.co
Cash News Gold lender Muthoot Finance has raised ₹3,350 crore through the issuance of Senior Secured Notes under its $2 billion Global Medium Term Note Program. The notes, which carry a coupon rate of 6.375% per annum, will mature in 4.5 years, with an average duration of 4 years. The offering saw significant interest, with […]
9 Scary Personal Finance Mistakes And How To Avoid Them #CashNews.co
Cash News Avoid personal finance mistakes getty Personal finance management is a critical life skill that can determine your financial security and well-being. Yet, many people fall into common financial traps that can have long-lasting, sometimes devastating consequences. To help you navigate your way through the complexities of personal finance, this article outlines several personal […]