CashNews.co With Donald Trump all set to take over as the 47th US President, the markets in America reacted quite positively to the news. S&P 500 and Dow Futures hit a record high on Wednesday after the news of Trump’s victory became clear. In fact, Indian benchmark indices Sensex and Nifty 50 also rose over […]
Interview with C.S. Setty, Chairman of State Bank of India #IndiaFinance
CashNews.co Home Awards Award Ceremonies and Events Interview with C.S. Setty, Chairman of State Bank of India Global Finance speaks with C.S. Setty, the newly appointed Chairman of State Bank of India (SBI), to discuss the ambitious future of India’s largest bank and its role in a rapidly evolving global economy. Global Finance speaks to […]
India’s NFRA to review all 35 Standards on Auditing #IndiaFinance
CashNews.co The National Financial Reporting Authority (NFRA) of India plans to review the revision of all 35 Standards on Auditing (SAs), including the SA600, during its board meeting scheduled for 11 and 12 November 2024. This move comes after NFRA’s initial proposal in September 2024, to revise SA600. The same month, Institute of Chartered Accountants […]
IFC Participates in Bajaj Finance’s USD 1 Billion Fund Raise to Help Boost Climate Finance, Empower Women in India #IndiaFinance
CashNews.co New Delhi/Mumbai, India, November 6, 2024: To help improve and expand access to climate finance for electric vehicles (EVs) and energy efficient consumer goods (EECG) as well as support women-owned microenterprises and women micro-borrowers in India, IFC has partnered with Bajaj Finance Limited (BFL) to invest $400 million out of a $1 billion fundraising […]
Stress building again six years after India’s shadow-banking sector blew up #IndiaFinance
CashNews.co Six years after India’s shadow-banking sector blew up, pockets of stress are building again, prompting firms to start pulling back amid scrutiny from the regulator.Bajaj Finance Ltd., the country’s largest shadow lender, joined rivals including Shriram Finance Ltd., Mahindra & Mahindra Financial Services Ltd., and IIFL Finance Ltd. that posted higher delinquencies on unsecured […]
Indian Railway Finance Corporation Q2 Results Live: Profit Rise by 4.05% YoY #IndiaFinance
CashNews.co Indian Railway Finance Corporation Q2 Results Live : Indian Railway Finance Corporation (IRFC) announced its Q2 results on November 4, 2024, showcasing a steady growth trajectory. The company’s topline revenue increased by 1.97% year-over-year, while profits saw a notable rise of 4.05% during the same period. In comparison to the previous quarter, IRFC’s revenue […]
India New Issue-Citicorp Finance to issue 2-year bonds, bankers say #IndiaFinance
CashNews.co India New Issue-Citicorp Finance to issue 2-year bonds, bankers say XM does not provide services to residents of the United States of America. XM does not provide services to residents of the United States of America. Home Trading Trading At XM we offer Ultra Low Micro and Ultra Low Standard Accounts that can […]
Aptus Value Housing Finance India Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 #IndiaFinance
CashNews.co November 05, 2024 at 03:45 am EST Aptus Value Housing Finance India Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported revenue was INR 4,355.46 million compared to INR 3,456.6 million a year ago. Net income was INR 1,819.69 million compared […]
Rexas Finance (RXS) Presale Stage 4 Ends Weeks Early Due to High Demand #IndiaFinance
CashNews.co Rexas Finance (RXS) Presale Stage 4 concluded ahead of schedule due to unprecedented demand, showcasing strong investor interest and confidence in the project. This accelerated close underscores the growing momentum behind RXS as it progresses toward its goal of leading the altcoin market. Rexas Finance (RXS) Rexas Finance is a blockchain-based project that explores […]
India Infrastructure Finance Eyes Major Bond Issuance For Growth #IndiaFinance
CashNews.co What’s going on here? India Infrastructure Finance Co (IIFCL) is planning a hefty expansion, aiming to raise ₹30 billion ($356.7 million) through a bond issuance for three- and ten-year terms, with investor bids opening November 5. What does this mean? IIFCL’s issuance of AAA-rated bonds underscores a strategic push to boost capital for infrastructure […]