CashNews.co BENGALURU (Reuters) – India’s Bajaj Housing Finance shares debuted at over double the offer price in pre-open trade on Monday as investors bet on strong growth in a booming home loan market. The stock listed at 150 rupees on the National Stock Exchange of India, compared with an offer price of 70 rupees. The […]
CashNews.co (Bloomberg) — Bajaj Housing Finance Ltd.’s shares more than doubled in their trading debut on Monday, reflecting strong investor demand for new listings in India as they seek to capitalize on the country’s flourishing businesses. Most Read from Bloomberg Shares of the home-loan unit of India’s largest shadow lender climbed as much as 130% […]
CashNews.co Challa Sreenivasulu Setty, the newly appointed chairman of State Bank of India, is seeking to harness the lender’s enviable geographic footprint, soaring brand equity and quasi-sovereign status to offer millions of ordinary savers a package compelling enough to garner more deposits. Simultaneously, the SBI career veteran tells Joel Rebello and Sangita Mehta, that he […]
CashNews.co Best FD rates: Fixed Deposits (FDs) are a popular investment option in India due to their safety and guaranteed returns. For investing in FDs, comparing the rates to maximise returns is essential. Here’s a detailed comparison of the top 5 banks offering the highest FD rates, per the latest data from banks’ respective websites. […]
CashNews.co A key US State Department diplomat arrived in Bangladesh on Saturday to hold discussions with the interim government led by Chief Adviser Muhammad Yunusprimarily focussing on financial and trade matters. Donald Lu, the assistant secretary of state for South and Central Asian Affairs, is leading a delegation to Dhaka that also has Brandon Lynch, […]
CashNews.co The hotel chain said that action has been taken against the maker of the video (File) Coimbatore’s popular hotel chain Annapoorna has issued a clarification after a video of their owner, D Srinivasan, apologising to Finance Minister Nirmala Sitharaman for his remarks at a business forum, went viral and drew criticism from the opposition […]
CashNews.co Accion and Nuveen are among backers for FlexiLoans, which is helping to support millions of India’s small businesses currently excluded from the mainstream financial system. FlexiLoans seeks to improve access to financial resources for millions of micro and small-scale entrepreneurs in India who are excluded from traditional lending | Tejj on Unsplash A group […]
CashNews.co NEW DELHI: Moneyboxx Finance raised Rs 176 crore to support its future growth plans, as per its filing on Friday. The non-banking financial company that provides business loans to micro entrepreneurs said that it has allotted equity shares and warrants convertible into equity amounting for Rs 176 crore.The capital raised includes Rs 63 crore […]
CashNews.co Bajaj Housing Finance shares are gearing up for an impressive debut on Dalal Street, following a stellar response to its initial public offering (IPO). The IPO has generated immense interest, thanks to the company’s solid financials and strong backing from the Bajaj Group, making it one of the most anticipated listings on Dalal Street […]
CashNews.co The U.S. International Development Finance Corporation (DFC) recently announced a significant $70 million investment in India’s private sector, aiming to strengthen key areas such as health systems, affordable housing, and small business support. The new funding aligns with the shared priorities of the U.S. and Indian governments, focusing on sustainable growth and addressing pressing […]