Indiabulls Housing Finance to raise up to ₹1,000 crore via NCD

Depending on the tenor and series of NCD, the effective yield per annum ranges from 8.35 per cent to 9.26 per cent

from Business Line - Money & Banking https://ift.tt/3xTDRZH

Read more »

RBI may deflate hype around reverse repo rate hike: SBI report

The Ecowrap emphasised delaying normalisation measures is prudent in current situation which would give time for economic recovery

from Business Line - Money & Banking https://ift.tt/3lyv9LC

Read more »

How Financial Inclusion is playing a vital role in the Banking Sector

Financial inclusion is about delivering banking services to all sections of society. Primarily, it’s enabling to reduce the economic gap between the rich and the poor with an aim to lead economic progression in the country.

from Banking & Finance – The Financial Express https://ift.tt/3Dn86ta

Read more »

RBI's insolvency move against Reliance Capital may face hiccups

Lenders hope that the central bank does not direct a consolidated resolution of all three financial services companies which will mean all the work carried out so far to find a buyer for RCFL and RHFL will be down the drain.

from Banking/Finance-Industry-Economic Times https://ift.tt/3pqnuA3

Read more »

Market competition, lower credit offtake push banks to pursue credit growth at lower yields

Gupta added that presently banks are not witnessing a significant impact on their net interest margins (NIMs) despite lower yields because of lower cost of funds.

from Banking & Finance – The Financial Express https://ift.tt/2ZSv2mz

Read more »