finance

Banks will focus on cash flow-based lending in future: Ajay Vyas, UCO Bank

Moving on from ratings criteria to grant loans, banks are likely to focus on cash flow-based lending in times to come, a top executive of UCO Bank…

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Auction for Sale (Re-issue) of ‘4.48% GS 2023’, ‘GoIFloating Rate Bond 2033’, ‘6.22% GS 2035’, and ‘6.67% GS 2050’

The Government of India (GoI) has announced the Sale (Re-issue) of (i) ‘4.48% Government Security, 2023’ for a notified amount of Rs6,000 crore (nominal)…

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Sharp fall in incremental costs could boost margins of NBFCs

As economic recovery picks pace, shares of many financial institutions including non-banking financial companies (NBFCs) are in the limelight as economic…

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SEBI gives nod to Suryoday Small Finance Bank to launch its IPO

Markets regulator Securities and Exchanges Board of India (SEBI) has green signaled the proposal of Suryoday Small Finance Bank to float its initial…

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Anupam Rasayan files preliminary papers with SEBI; intends to secure IPO of Rs. 760 crore

Anupam Rasayan, a specialty chemical company based in Surat, has filed preliminary papers viz. draft red herring prospectus with SEBI to raise Rs. 760…

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Tata Motors Ltd.signs share purchase agreement with Marcopolo SA

Tata Motors Ltd. has signed a share purchase agreement with Marcopolo SA where the company will purchase the balance 49 per cent shareholding from…

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Paying 1% GST in cash will not impact small businesses and dealers

Sources in the Finance ministry have said that the new rule requiring businesses to pay at least 1 per cent of their GST liability in cash will not…

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SucSEED Indovation announces closure of Rs 100 crore fund

SucSEED Indovation, the SEBI (Securities and Exchange Board of India) registered alternative investment and venture capital angel fund,  has announced…

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