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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: Sat, 29 Apr 2017 17:51:44 GMT

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

DCB Bank raises Rs 378.80 crore through QIP

Thu, 27 Apr 2017 18:25:56 GMT

(image) The bank offered 21,770,000 equity shares to qualified institutions buyers under the QIP at an issue price of Rs 174 per share, DCB Bank said in a regulatory filing.

Unified Payments Interface goes live on Samsung Pay

Thu, 27 Apr 2017 12:17:29 GMT

(image) Samsung Pay, through its partnership with NPCI and Axis Bank, will now have access to all the 44 banks which are live on UPI.

Step up in government expenditure likely over next 2 yrs: Deutsche

Thu, 27 Apr 2017 08:35:34 GMT

(image) The final two years of every national government since the Narasimha Rao administration in 1991, have thrown up some very distinct trends for equity markets.

Delinquency in retail loans stabilising: Equifax

Wed, 26 Apr 2017 13:42:33 GMT

(image) Delinquency rate of loans that are delinquent beyond 90 days stood at 2.16% as of Q4 of calendar year -16, a 0.06% decrease from Q3 of 2016

Unocoin partners with PayU Biz for simple buying of bitcoins

Wed, 26 Apr 2017 12:55:38 GMT

(image) To buy Bitcoin using Net Banking, Unocoin users will have to head onto "Buy Bitcoin" tab and choose ‘Netbanking’ as the mode of payment.

Arohan Financial Services to enter MP and UP markets

Tue, 25 Apr 2017 16:14:36 GMT

(image) Arohan Managing Director Manoj Kumar Nambiar said that UP and MP are coming up better than Maharashtra in terms of improvement in loan repayment.

IFC to invest in new-generation NBFCs' bonds to finance development

Mon, 24 Apr 2017 14:14:34 GMT

(image) NBFCs such as Capital First and Fullerton India Credit Company have just received commitment from IFC for $50 million and $100 million respectively

CPPIB may buy IndoSpace from Everstone Group

Sun, 23 Apr 2017 19:34:02 GMT

(image) Everstone owns 8.5 million sq ft of industrial real estate property through IndoSpace. The group has put off its plan to list as a real estate investment trust, or REIT.

Capital First to raise $50 million from IFC

Fri, 21 Apr 2017 18:43:35 GMT

(image) The funding will be used for lending to women-owned small and medium enterprises, IFC said in a disclosure.

KKR exit Dalmia Bharat with 150% return just in 14 months.

Fri, 21 Apr 2017 15:24:11 GMT

(image) The private equity firm sold 75 lakh shares or 8.43% it held in the cement company at an average price of Rs 2050 to raise about Rs 1538 crore

Indian financial institutions embracing data analytics, AI: PwC

Fri, 21 Apr 2017 11:04:00 GMT

(image) Most incumbents in the industry are focused on data analytics, Mobile and AI technologies because so far, many of them have found it difficult to manage their data.

AU Financiers converts to small finance bank from a NBFC

Thu, 20 Apr 2017 19:30:00 GMT

(image) AU was the only asset financing NBFC out of the ten applicants from across the country which was awarded in-principle approval from RBI for SFB licence last year.

Solar presents huge refinancing opportunity: Ind-Ra

Thu, 20 Apr 2017 11:08:45 GMT

(image) Ind-Ra believes that the renewable energy sector, especially solar energy, would reduce its borrowing costs further by at least 100bp through bond issuances or bank loans.

Anshu Jain backed InCred disburses Rs 100 crore within months

Wed, 19 Apr 2017 14:28:02 GMT

(image) The new age financial services company has disbursed Rs 100 cr loans to about 1000 customers in less than 100 days, the company said in a release on Wednesday.

R Sridhar joins IndoStar Capital as Executive VC, CEO

Wed, 19 Apr 2017 11:59:35 GMT

(image) Sridhar, who has worked with the Sriram Group since 1985, will be taking over from Vimal Bhandari who led the firm since 2011.