The FinTech Hub
Source: Business Standard 2 min read Last Updated : Sep 27 2024 | 11:38 PM IST IDFC First Bank on Friday announced the completion of merger of IDFC Limited with the bank. This follows the receipt of all requisite shareholder and regulatory approvals, the bank said in a statement. Click here to connect…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 10:58 PM IST Edelweiss Financial Services on Friday sold a 6.2 per cent stake in financial services company Nuvama Wealth Management for Rs 1,481 crore through open market transactions. Edelweiss Financial Services, through its two subsidiaries, ECap Equities and Edel…
Source: Business Standard Gold(Photo: Shutterstock) 3 min read Last Updated : Sep 27 2024 | 10:07 PM IST Gold, which closed at Rs 75,447 per 10 gram in the domestic market (and is trading at Rs 2,689.6 per ounce on the Comex), is up 29.4 per cent over the past year. Experts are of…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 8:56 PM IST The stock exchange BSE on Friday announced a revision in its charges for equity derivatives to align with the true-to-label circular by the Securities and Exchange Board of India (Sebi), which mandates a uniform fee irrespective of turnover….
Source: Business Standard 1 min read Last Updated : Sep 27 2024 | 7:43 PM IST The Reserve Bank of India’s Deputy Governor Swaminathan J on Friday instructed the directors of small finance banks (SFBs) to be vigilant and proactive in identifying emerging risks in the sector. Speaking at a conference for directors…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 9:28 PM IST Indian investors are paying hefty premiums to invest in China markets, with stocks there posting their biggest weekly gain in nearly 16 years. Click here to connect with us on WhatsApp Savvy investors were seen making a…
Source: Business Standard 2 min read Last Updated : Sep 27 2024 | 8:45 PM IST Banks struggled to mobilise large deposits to meet the increasing credit demand in the last two financial years, a report said. Outstanding credit disbursed by Scheduled Commercial Banks (SCBs) was at the highest level in 2023-24 amounting…
Source: Business Standard 2 min read Last Updated : Sep 27 2024 | 8:23 PM IST The Securities and Exchange Board of India (Sebi) has proposed to make it mandatory for fund houses to make separate disclosures for direct plan and regular plan schemes in their half-yearly financial results. So far, the disclosures…
Source: Business Standard Photo Credit: Ruby Sharma 2 min read Last Updated : Sep 27 2024 | 8:11 PM IST State-owned Punjab National Bank (PNB) has raised Rs 5,000 crore through an issue of equity shares to qualified institutional players. The bank allocated about 48.19 crore equity shares at an issue price of…
Source: Business Standard 4 min read Last Updated : Sep 27 2024 | 3:02 PM IST Shares of Sun Pharmaceutical Industries hit a new high of Rs 1,952, as they rallied 3 per cent on the BSE in Friday’s intra-day trade in an otherwise subdued market. The rally in the stock came after UBS…
