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Articles for Banking & Finance

Tata Capital Targets Rare Rabbit Fashion Brand At $300 Mn Valuation

Reportedly, Tata Capital has engaged in discussions and initiated due diligence, having proposed an investment of up to USD 40 million through a term sheet

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CSB Bank Grants 21,536 ESOP Stock Options

These options can be exercised for up to 21,536 fully paid-up equity shares of the Bank with a face value of Rs 10 each, at an exercise price of Rs 398.70 per share, as per the regulatory filing

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Bond Yields Decline Post Federal Reserve Rate Decision

The 10-year US yield hit its lowest point since August, influenced by the majority projection among Fed officials that the policy rate might decrease by the end of 2024

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Rationalising GST Rates Returns To Discussion

This move aims to simplify the complex tax structure, reducing the numerous GST rate slabs currently in use

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ADB Upgrades India's FY24 Growth Projection To 6.7% From 6.3%

The report indicates that while agricultural growth might be slightly slower than anticipated for FY2024, it will be outweighed by the robust growth in the industrial sector, leading to the upward revision

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Bain Capital Offloads $448 Mn Stake In India's Axis Bank

The final price marked a 1 per cent premium over the floor price at launch but represented a 1 per cent discount from the stock's previous day closing price

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Cryptocurrencies Require Regulation To Safeguard Financial Stability: IMF Chief

Kristalina Georgieva specifically highlighted the challenges that high crypto asset adoption might pose to traditional monetary policy, capital flow management measures, and fiscal sustainability

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Enrolments Under Atal Pension Yojana Cross 6 Cr Mark

Atal Pension Yojana (APY) is the government's flagship social security program launched in 2015

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