Mumbai, March 4 -- The government's first-ever distressed real estate fund has approved around 165 projects for completing 100,000 homes over the next few years, its investment officer Irfan Kazi said... Read More
Mumbai, March 4 -- Payment solutions startup Razorpay on Thursday announced the third employee stock ownership plan (ESOP) buyback worth $10 million or Rs.73 crore for 750 existing and former employee... Read More
MUMBAI, March 3 -- A distressed real estate fund, set up by the Centre under the Special Window for Affordable and Mid Income Housing (SWAMIH) scheme to complete stalled projects, is gearing up to del... Read More
New Delhi, March 1 -- A clutch of state-run banks with significant exposure to the farm sector has initiated discussions with the government to set up a credit guarantee fund to cover defaults by farm... Read More
Mumbai, March 1 -- Contraction of credit to large industries and infrastructure remains a cause of concern, the Reserve Bank of India (RBI) said. However, credit growth to medium industries has accele... Read More
Mumbai, March 1 -- Non-food credit growth of banks slowed to 5.7% in January led by a decline in industrial and personal loans. Credit growth in this category was 8.5% in January and 5.9% in December.... Read More
Mumbai, Feb. 28 -- Faced with rising bad loans in the agriculture sector, banks are seeking flexibility in loan repayments under the Kisan Credit scheme from Reserve Bank of India, according to three ... Read More
Mumbai, Feb. 27 -- The Reserve Bank of India (RBI) said on Friday it is in favour of retaining the existing inflation target set in 2016 for the next five years, ahead of an upcoming government review... Read More
New Delhi, Feb. 27 -- The Reserve Bank of India (RBI) said on Friday it is in favour of retaining the existing inflation target set in 2016 for the next five years, ahead of an upcoming government rev... Read More
New Delhi, Feb. 26 -- The Reserve Bank of India (RBI) has extended the deadline for submitting applications for setting up a pan-India umbrella entity for retail payments to 31 March. The decision com... Read More