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Banking & Finance: Strong retail growth, but should slow down; incremental spreads improve in O...

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Analysts of IIFL Securities believe that festive demand in Nov and a seasonally strong Q4 should keep growth momentum healthy.

• 01 December, 2023
• 10:10 AM
• less than a minute

Residential properties owned by PC Jewellers Ltd promoters are taken over by SBI

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Banks recalled their loans when PCJ disclosed in an October 2018 stock exchange statement that it had defaulted on Rs 3,466 crore in this regard. SBI then filed a complaint with the Debt Recovery Appellate Tribunal.

• 30 November, 2023
• 12:22 PM
• less than a minute

NSE Imposes Trading Ban on Hindustan Copper and Manappuram Finance Stocks Due to MWPL Breach

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The ban was enforced due to these securities surpassing 95 % of the market-wide position limit (MWPL) set by the NSE

• 30 November, 2023
• 12:05 PM
• less than a minute

Manappuram Finance Surges 6% as Indian Gold Prices Hit All-Time High

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Manappuram Finance, a gold finance company, benefits from the boost in gold prices

• 29 November, 2023
• 3:13 PM
• less than a minute

Aster DM divests stake in Gulf business for $1 billion

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Alpha GCC Holdings Ltd, a wholly-owned material subsidiary of Aster DM Healthcare, manages Aster's operations in the GCC (Gulf Cooperation Council) countries.

• 29 November, 2023
• 9:20 AM
• less than a minute

PNB Housing Finance board gets board approval to raise Rs 3,500 crore via NCDs; stock gains ~1%

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On June 22, the home financing company said that it received board approval to issue non-convertible debentures worth up to Rs 5,000 crore.

• 28 November, 2023
• 2:21 PM
• less than a minute

A $125 million agreement is signed by L&T Finance and ADB to assist financial needs in peri-urb...

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According to the press release, the money consists of an agreement to syndicate an additional $125 million co-financing from other development partners and a loan of up to $125 million from ADB.

• 24 November, 2023
• 11:29 AM
• less than a minute

NTPC Rewards Investors with First Interim Dividend of Rs 2,182 Crore for FY24

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This marks the 31st consecutive year that NTPC Ltd has distributed dividends

• 24 November, 2023
• 8:02 AM
• less than a minute

LIC increases its ownership of Bank of Baroda by 5% overall

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In an exchange filing earlier this month, Bank of Baroda stated that it intends to raise up to Rs 15,000 crore through infrastructure and tier-II bonds in order to finance business expansion.

• 22 November, 2023
• 2:06 PM
• less than a minute

Sumit Rathod, Whole-Time Director, Flair Writing Industries Ltd

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Flair Pens is a household brand in India and the company’s IPO is set to open tomorrow. Sheetal Agarwal of IIFL recently caught up with the management.

• 21 November, 2023
• 10:43 AM
• less than a minute