Tag: India

CashNews.co “Accelerating climate financing is crucial for India to meet its net-zero goals. IFC’s investment in Bajaj Finance will boost market competition, inspiring other NBFCs and investors to expand their financing for energy-efficient solutions, e-mobility, and microfinance,” Imad N Fakhoury, Regional Director for South Asia, IFC, said. Read More #cashnews #India #finance

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]