Finance

Big Money Bets on Aye Finance: NBFC Raises Rs 454 Crore from Anchor Investors Ahead of Rs 1,010-Crore IPO Opening Feb 9

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Big Money Bets on Aye Finance

Big Money Bets on Aye Finance: Gurgaon-based non-banking finance company Aye Finance has successfully raised over Rs 454 crore from anchor investors, just days before the opening of its much-anticipated Rs 1,010-crore initial public offering (IPO). The anchor allotment was completed on February 6, setting a strong tone for the public issue that opens for … Read more

Affordable Housing Finance Firms’ AUM to Grow 20–21% in FY26–27: Crisil Ratings

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Affordable Housing Finance Firms

Affordable Housing Finance Firms: Assets under management (AUM) of affordable housing finance companies (A-HFCs) are expected to grow at a healthy 20–21% annually during FY26 and FY27, according to a recent report by Crisil Ratings. While this growth is marginally slower than the previous fiscal year’s expansion, it continues to outpace the broader mortgage finance … Read more

UPS Deadline Extended: Finance Ministry Gives Central Government Employees More Time to Opt-In

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UPS Deadline Extended

UPS Deadline Extended: The Finance Ministry has announced an extension of the deadline for opting into the Unified Pension Scheme (UPS), giving central government employees additional time until November 30, 2025. The decision comes in response to a tepid uptake among eligible employees under the National Pension System (NPS), along with requests from stakeholders for … Read more

BoB and IIFL Finance Enter Co-Lending Partnership to Boost Gold Loans in Rural India

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BoB and IIFL Finance

BoB and IIFL Finance: Bank of Baroda (BoB) and IIFL Finance have announced a strategic co-lending partnership aimed at expanding access to gold loans for underserved and unbanked customers across semi-urban and rural India. The collaboration is designed to provide faster, more affordable, and easier credit to small borrowers, particularly those engaged in agriculture and … Read more

Wall Street Is Reframing Climate Finance as an Energy Security Imperative

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Wall Street Is Reframing Climate Finance

Wall Street Is Reframing Climate Finance: New York Climate Week has never been bigger — or more telling about the shifting priorities of global finance. As hundreds of investors, bankers, and policymakers descended on Manhattan for one of the most significant climate-focused events of the year, a subtle but powerful narrative shift emerged: climate finance … Read more

Stocks to Watch Today (September 25): Shipping Stocks, Glenmark Pharma, Shriram Finance, Muthoot Finance, Lupin, Polycab and More

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Stocks to Watch Today

Stocks to Watch Today: The Indian stock market is expected to start Thursday, September 25, on a weak note, with GIFT Nifty futures indicating a 39-point decline for the benchmark Nifty 50 index. Investors should brace for a volatile session as a mix of government policy moves, corporate deals, regulatory approvals, and strategic partnerships drive … Read more

With Credit Monitoring, Rural India on the Verge of Unlocking Huge Economic Potential

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Rural India on the Verge of Unlocking Huge Economic Potential

Rural India on the Verge of Unlocking Huge Economic Potential: Rural India has long been the backbone of the nation’s economy, contributing significantly to agriculture, trade, and small-scale enterprises. Millions of farmers, traders, and self-employed individuals rely on credit to meet seasonal needs, purchase agricultural inputs, or invest in small ventures. For decades, this borrowing … Read more

Growing Economies, Widening Gap: Closing Africa’s $120 Billion Trade Finance Deficit

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Growing Economies, Widening Gap

Growing Economies, Widening Gap: Africa’s economy is growing at a pace the world can no longer ignore. Home to some of the fastest-expanding markets, a rapidly rising youth population, and abundant natural resources, the continent has all the ingredients to become a global trade powerhouse. Yet, despite this enormous potential, a stubborn obstacle continues to … Read more

Indian Rupee Hits All-Time Low of 88.49 Against US Dollar Amid Weak Asian Cues

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All-Time Low of 88.49 Against US Dollar

All-Time Low of 88.49 Against US Dollar: The Indian rupee (INR) slipped to an all-time low of 88.4950 against the US dollar in early trade on September 23, 2025, amid weak performance of Asian currencies and a firm US dollar. The domestic currency opened at 88.4137, down 10 paise from the previous close of 88.3163. … Read more

PSUs Flock to Debt Market as Quarter-End Funding Needs and Softer Yields Drive Bond Issuances

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PSUs Flock to Debt Market

PSUs Flock to Debt Market : India’s corporate bond market is witnessing a sudden surge in activity, led by public sector undertakings (PSUs) such as Numaligarh Refineries, NABARD, Rashtriya Chemicals and Fertilizers, and Power Finance Corporation (PFC). After two months of subdued activity caused by elevated yields and weak market sentiment, September has brought signs … Read more

Financial Planner vs. Financial Advisor: What’s the Difference?

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Financial Planner vs. Financial Advisor

Financial Planner vs. Financial Advisor: When it comes to managing money, many people turn to professionals for guidance—but the terms financial planner and financial advisor are often used interchangeably. While both roles involve helping clients achieve financial stability, there are important differences in their qualifications, services, and scope of work. Regulation and Oversight Financial planners … Read more

CRD6 – Article 21c and Its Impact on Third Country Banks and the International Finance Sector

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CRD6 Article 21c and Third Country Banks

CRD6 Article 21c and Third Country Banks: The introduction of Article 21c of the Capital Requirements Directive (CRD6) marks a significant regulatory shift for third country banks seeking to operate within the European Union (EU). Set to take full effect on January 11, 2027, this new rule imposes stricter conditions for non-EU financial institutions providing … Read more

Motilal Oswal Initiates Coverage on Bajaj Housing Finance: 3 Key Drivers to Watch

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Bajaj Housing Finance

Bajaj Housing Finance: Motilal Oswal has initiated coverage on Bajaj Housing Finance with a ‘Neutral’ rating and a target price of Rs 120, implying a potential upside of 7%. The brokerage house values the company at a price-to-book (P/B) of 3.6x for FY27 and expects steady returns over the next three years. While the housing … Read more

US and Japan Finance Chiefs to Continue Talks on Currency Issues

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US and Japan Finance Chiefs

US and Japan Finance Chiefs: The United States and Japan have reaffirmed their commitment to maintaining market-determined exchange rates, signaling ongoing cooperation on currency matters amid evolving global economic dynamics. In a recent joint statement, the finance chiefs of both nations confirmed that discussions on foreign exchange (FX) issues will continue, underscoring their shared goal … Read more

AU Small Finance Bank CFO Vimal Jain Passes Away Due to Cardiac Arrest

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AU Small Finance Bank CFO

AU Small Finance Bank CFO: In a deeply saddening development, AU Small Finance Bank announced the sudden demise of its Chief Financial Officer (CFO), Vimal Jain, who passed away early Wednesday morning due to a cardiac arrest. Jain was just 45 years old and had been an integral part of the bank since 2010, playing … Read more