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Citizens have to decide whether they want better amenities or freebies: Arvind Panagariya | India News #IndiaFinance
Financial Insights That Matter Goa has sought a specific grant of Rs 32,706.45 crore for 13 projects and a four-fold hike in its share from the overall divisible pools of taxes. The state asked the 16th Finance Commission that the share of states in the divisible pool of taxes be raised from the current 41 […]
Indian micro finance sector soared 2,100% in past 12 years #IndiaFinance
Financial Insights That Matter NEW DELHI: The micro finance institutions (MFIs) industry in India has witnessed a skyrocketing growth of more than 2,176 per cent in the past 12 years, with its business soaring from Rs 17,264 crore in March 2012 to Rs 3.93 lakh crore as of November 2024. This was highlighted during a […]
Financial Flows to Sustainable Agriculture in India #IndiaFinance
Financial Insights That Matter India’s agriculture sector faces a multifaceted “Grand Challenge”: ensuring food security for a growing population, supporting rural livelihoods, and managing the adverse impacts of climate change, all while contending with limited resources, financial constraints, and the need to reduce greenhouse gas emissions. Addressing these challenges necessitates a transition toward sustainable agriculture. […]
Laxmi India Finance files DRHP with Sebi for IPO #IndiaFinance
Financial Insights That Matter Laxmi India Finance, a Jaipur-based non-banking financial firm, has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (Sebi), to raise funds through an initial public offering (IPO). The IPO comprises a fresh issue of 1.04 crore equity shares, and an offer for […]
Jaipur-based NBFC Laxmi India Finance files DRHP with SEBI for IPO #IndiaFinance
Financial Insights That Matter Laxmi India Finance Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). Laxmi India Finance is a non-banking financial institution located in Jaipur, focusing on meeting the financial requirements of underserved groups in […]
Tamil Nadu has achieved 51% of annual credit plan target: Finance minister | Chennai News #IndiaFinance
Financial Insights That Matter Tamil Nadu Finance Minister Thangam Thennarasu and Indian Overseas Bank Executive Director Dhanaraj T at the 180th State Level Bankers’ Committee meeting in Chennai on Thursday. CHENNAI: Tamil Nadu has achieved 51.4% of its annual credit plan (ACP) target amounting to Rs 4,15,623 crore during the quarter ended Sept 2024. More […]
India Sees A Surge In Bond Issuances Across Major Finance Players #IndiaFinance
Financial Insights That Matter What’s going on here? India’s financial heavyweights are diving headfirst into the bond market, securing sizable funding at appealing rates as top firms like Bajaj Housing and Tata Capital make substantial issuances. What does this mean? India’s bond market is buzzing with activity as top corporations take advantage of current conditions […]
In our sector, trust and credentials are key: Shriram Finance’s Venkatraman #IndiaFinance
Financial Insights That Matter Shriram Finance Ltd, one of India’s leading financial services companies, recently launched its first major brand campaign featuring cricket legend Rahul Dravid. In an exclusive conversation with MintElizabeth Venkatraman, executive director, marketing, Shriram Finance, explained the thinking behind the campaign, the company’s brand-building priorities and how they navigate a market that […]
HPU prof named chief editor of Indian Journal of Finance #IndiaFinance
Financial Insights That Matter Prof Raj Kumar Singh, Department of Commerce, Himachal Pradesh University, has been appointed as the chief editor of the Indian Journal of Finance (ISSN-0973-8711) for a tenure of five years. Talking about his appointment, Singh said, “My primary goal is to elevate the journal’s ranking from its current ABDC rating of […]