Q2 results: Sundaram Finance posts profit of ₹269 crore

Sundaram Finance’s networth stood at ₹5313 crore as on September 30, 2019

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Sabka Vishwas Scheme gaining traction; over Rs 5,000 cr dues declared so far

Finance Minister Nirmala Sitharaman had unveiled the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 with the objective of settling pending disputes of Service Tax and Central Excise in the budget. A mid-term review reveals that a total amount of Rs 5,472 crore inclusive of pre-deposit amount of Rs 4,225 crore has already been declared under the scheme.

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NBFC crisis sparks gold rush for some lenders in India

As the shake-out in India’s credit market shows few signs of abating, one group of financiers is benefiting from the turmoil: shadow banks that provi

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Small Banks will need to raise up to Rs 3,900 cr till FY2022: ICRA

Small Finance Banks (SFBs) will need external capital of Rs 2,600-Rs 3,900 crore till FY2022 to meet growth aspirations as well as comply with regulat

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Goldman India co-head to retire after 21 years

Goldman Sachs Group Inc’s co-head for India business, Vijay Karnani, is retiring from the bank after 21 years with the company, according to a memo se

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