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Source: Business Standard 2 min read Last Updated : Oct 10 2024 | 8:25 PM IST The Reserve Bank of India (RBI) on Thursday asked the asset reconstruction companies (ARCs) to become members of all the credit information companies (CICs) and submit the required data to them as per the Uniform Credit Reporting Format….
Source: Business Standard 5 min read Last Updated : Oct 10 2024 | 12:28 PM IST Paying tribute to the former Tata Group chairperson Ratan Tata, investors should learn from the growth of the Tata Empire that a long-term investment horizon is required to really participate in the wealth creation that happens through the capital…
Source: Business Standard 2 min read Last Updated : Oct 10 2024 | 8:26 PM IST India’s central bank on Thursday directed asset reconstruction companies to establish a standard operating procedure for providing information to credit bureaus, in a move to harmonise loan data submission norms for ARCs with those governing financial institutions. …
Source: Business Standard Defence stock, HAL share price, Mazagon Dock share, Cochin Shipard 2 min read Last Updated : Oct 10 2024 | 2:39 PM IST Shares of Mazagon Dock Shipbuilder, Cochin Shipyard, Hindustan Aeronautics (HAL), among other defence-related companies, rallied up to 7.6 per cent in Thursday’s intraday trade. Stocks of companies involved in…
Source: Business Standard 2 min read Last Updated : Oct 10 2024 | 9:43 PM IST The Reserve Bank of India on Thursday asked regulated entities (REs) to carry out internal risk assessment (IRA) of their business models and business relationship with customers to detect threats from money laundering (ML) and terror financing (TF)…
Source: Business Standard Last week, driven by the same order, BSE said it will discontinue weekly derivative contracts linked to Bankex (.BSEBANK), and Sensex 50, retaining only contracts linked with its benchmark BSE Sensex, an index of 30 bluechip stocks. Photographer: Dhiraj Singh/Bloomberg 1 min read Last Updated : Oct 10 2024 | 10:42 PM…
Source: Business Standard 2 min read Last Updated : Oct 10 2024 | 9:20 PM IST Bandhan Bank on Thursday said the National Credit Guarantee Trustee Company (NCGTC), after conducting a forensic audit of the claims made by the bank regarding its loan portfolio under the Credit Guarantee Fund for Micro Units (CGFMU), has…
Source: Business Standard IIFL Finance | Photo: Facebook 3 min read Last Updated : Oct 10 2024 | 1:15 PM IST IIFL Finance share price today jumped up to 4.24 per cent at Rs 473 per share on the BSE in Thursday’s intraday trade. This came after the company’s board approved an non convertible…
Source: Business Standard 2 min read Last Updated : Oct 10 2024 | 9:26 PM IST Reflecting pressure on asset quality, BSE-listed microfinance lender CreditAccess Grameen Ltd’s overdues across buckets rose in the quarter ended September 2024 compared to the quarter ended June 2024. The portfolio at risk (PAR), i.e., loans where payments…
Source: Business Standard FMCG stocks may ride through this near-term investor anxiety 4 min read Last Updated : Oct 10 2024 | 7:01 PM IST RBI on inflation: The Reserve Bank of India (RBI)’s caution on inflation, highlighted during the October monetary policy meeting, may put investors’ faith in fast moving consumer goods (FMCG) stocks…
