The FinTech Hub
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…
Source: Business Standard 2 min read Last Updated : Oct 10 2024 | 9:04 PM IST The Reserve Bank of India has appointed Partha Pratim Sengupta as the MD & CEO of Bandhan Bank for three years, from the date of taking charge, which should not be later than November 10, the lender has…
Source: Business Standard GM Breweries share price after Q2 results, 2 min read Last Updated : Oct 10 2024 | 1:58 PM IST GM Breweries’ share price lost as much as 6.4 per cent on Thursday (October 10) and logged an intraday low of Rs 805 per share. The selling in the stock came…
Source: Business Standard 2 min read Last Updated : Oct 10 2024 | 7:42 PM IST By Malavika Kaur Makol and Ronojoy Mazumdar India’s $1.3 trillion bond market is facing a peculiar issue: investors can’t get enough of sovereign bonds as the government buys back debt and cuts borrowings, resulting in a supply…
Source: Business Standard 2 min read Last Updated : Oct 10 2024 | 3:07 PM IST As the Indian markets braces for the opening of the initial public offering (IPO) of Hyundai Motor India, which will be the first IPO from the auto industry in two decades following Maruti Suzuki’s listing in 2003, Samir Arora…
Source: Business Standard 3 min read Last Updated : Oct 10 2024 | 7:06 PM IST The value style of investing has done well in the past few years. To capitalise on this performance, fund houses are on a fund-launching spree. While Axis and Bandhan Asset Management Company (AMC) have announced schemes tracking the…
Source: Business Standard 3 min read Last Updated : Oct 10 2024 | 6:51 PM IST The final guidelines by the Securities and Exchange Board of India (Sebi) will ensure that the “excuse” and “exclude” provisions coexist with the pro-rata distribution mandate for alternative investment funds (AIFs), sources said. The mandate, which is…
Source: Business Standard Purchases of term insurance among self-employed individuals have surged by 50%, driven by tailored plans and the growing gig economy. With the rise of young entrepreneurs, the demand for flexible insurance options is reaching new heights, according to a report by Policybazaar, an insurance marketplace. A person is considered self-employed…
Source: Business Standard Illustration by Binay Sinha 4 min read Last Updated : Oct 10 2024 | 2:18 PM IST Gujarat Fluorochemicals (GFL) shares hit a record high of Rs 4,696.35 as they rallied 7 per cent on the BSE in Thursday’s intraday trade on expectation of a significant earnings recovery in the financial…
