Subscribe: Finance-Banking/Finance-News By Industry-News-The Economic Times
Added By: Feedage Forager Feedage Grade A rated
Language: English
approval  branch  cent  crore  finance  icici  india  irdai  loan  loans  open branch  pradesh telangana  private equity  reinsurance  sources  target 
Rate this Feed
Rate this feedRate this feedRate this feedRate this feedRate this feed
Rate this feed 1 starRate this feed 2 starRate this feed 3 starRate this feed 4 starRate this feed 5 star

Comments (0)

Feed Details and Statistics Feed Statistics
Preview: Finance-Banking/Finance-News By Industry-News-The Economic Times

Finance-Banking/Finance-Industry-The Economic Times

The Economic Times: Latest business, finance, markets, stocks, company news from India.

Last Build Date: Tue, 24 Jan 2017 00:50:34 GMT

Copyright: Copyright:(C)2017 Bennett Coleman & Co. Ltd,

Swiss Re receives IRDAI approval to open branch in Mumbai

Mon, 23 Jan 2017 12:10:13 GMT

(image) With the composite branch licence, Swiss Re will be able to operate in India and offer both non-life and life and health reinsurance solutions directly to clients and brokers in the country.

Tractor, micro-finance loans most hit by demonetisation: India Ratings

Mon, 23 Jan 2017 12:04:44 GMT

(image) In a note on Monday, Ind-Ra said securities backed by tractor loans witnessed highest movement of delinquent loans mainly because of the high dependence on cash.

Govt to set FY18 fiscal deficit target at 3.3-3.4 per cent: Reports

Mon, 23 Jan 2017 10:01:50 GMT

(image) An SBI internal research report, Ecowrap, has pegged in a "fiscal deficit target of Rs 5.75 lakh crores for the financial year 2017-18, at 3.4 per cent of GDP."

Fairfax may sell 25 per cent of ICICI Lombard in up to $1 billion deal: Sources

Fri, 20 Jan 2017 12:13:36 GMT

(image) Private equity firms, including Blackstone Group and KKR & Co, as well as some Canadian pension funds have expressed interest in Fairfax's stake, the sources said.

No gap in Urjit Patel, RBI note figures

Fri, 20 Jan 2017 05:21:07 GMT

(image) Sources in the RBI said that the apparent discrepancy has arisen because the number shared by RBI was the data gathered on notes in circulation as on January 13.

KKR & Co backs TVS logistics again with Rs 400-crore promoter loan

Thu, 19 Jan 2017 19:25:04 GMT

(image) The US private equity giant is understood to have invested close to Rs 400 crore in a credit deal with TVS promoter family.

Lloyd's gets final approval from IRDAI to open branch in India

Thu, 19 Jan 2017 13:38:23 GMT

(image) Lloyd's plans to open a reinsurance branch in the country, in time for the April major reinsurance renewals, following final regulatory approval from the IRDAI.

DHFL expects 25% surge in loan disbursements in Kerala

Thu, 19 Jan 2017 13:02:15 GMT

(image) ​The company is expecting over 25% surge in home loan disbursement in Kerala with the implementation of the “Housing for All by 2022” and Smart City projects.

Growth in mortgage-backed securitisation halted after demonetisation

Thu, 19 Jan 2017 09:30:49 GMT

(image) Crisil’s senior director Krishnan Sitaraman told ET that the housing finance companies are expected to be back in this market again in the fourth quarter.

Lenders may move SC to avert Rs 30,000 crore Aircel blow

Wed, 18 Jan 2017 18:56:42 GMT

(image) Bankers say nearly Rs 30,000-crore debt will become unserviceable if the apex court cancels the telco’s licence.

DHFL expects 30 per cent growth in loan disbursal from Andhra Pradesh, Telangana

Wed, 18 Jan 2017 13:12:39 GMT

(image) With the implementation of ‘Housing for All by 2022’ and Smart City projects, we expect the loan book size in Andhra Pradesh and Telangana to surge by over 30%, said DHFL.

India Value Fund Advisors to invest 90% capital in four sectors

Wed, 18 Jan 2017 11:52:27 GMT

(image) In the past, IVFA raised $600 million in 2009 which also had an initial target of $700 million but got reduced due to tough market conditions.

Tikona gets $171 million from US govt agency

Tue, 17 Jan 2017 18:31:38 GMT

(image) The funding, which is a commercial loan, puts to rest talks of acquisition of the company and provides it the liquidity necessary for revival. Prakash Bajpai, founder of Tikona, confirmed the funding.

Vedanta, Jain Irrigation to sell dollar bonds to overseas investors

Tue, 17 Jan 2017 15:24:17 GMT

(image) Vedanta is planning to raise funds to refinance its existing debt with buying back existing bonds worth nearly $2 bn, to mature in two years.

ICICI Pru acquires 8.41% stake in Fino Paytech for Rs 100 crore

Tue, 17 Jan 2017 11:55:32 GMT

(image) In a BSE filing, ICICI Prudential said it has "completed the acquisition and obtained necessary approval from insurance sector regulator Irdai".