Latest News for: Private bank finance

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Why HDFC deposits are a safe option for senior citizens

Business Line 17 Apr 2021
While the deposits of HDFC, an NBFC, are not covered by deposit insurance (bank deposits of up to ₹5 lakh are covered by DICGC), its 40-year plus stable business provides significant confidence ... Other private sector banks and small finance banks, however, offer even higher rates (up to 7.5 per cent) for one to two year deposits.
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An interview with (Andreata Muforo) of TLCOM Capital

Business Day Online 17 Apr 2021
I’ve also spent time as an Investment Officer in the private sector department of the African Development Bank (AfDB) in Tunisia, working on project finance transactions and evaluating the AfDB’s investments into private equity funds ... and strategic significance to the Bank.
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Iceland: Staff Concluding Statement of the Virtual 2021 Article IV Mission

International Monetary Fund 17 Apr 2021
The IMF team would like to thank all interlocutors at the Prime Minister’s Office, the Central Bank of Iceland, the Ministry of Finance and Economic Affairs, other government and nongovernment entities, and the private sector for constructive and fruitful discussions.
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Economy seen soaring 6% in 2022

Ekathimerini 16 Apr 2021
HSBC and Deutsche Bank analysts ... They are the exhaustion of all its resources of €750 billion, including the loans that some countries appear reluctant about; high fiscal multipliers must prove correct in action; and commercial banks should finance private investments adequately.
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RBI announces names of Applicants for 'on tap Licensing in private sector

IIFL 16 Apr 2021
It may be recalled that the Guidelines for on tap Licensing of Universal Banks and Small Finance Banks in the Private Sector, were issued on August 1, 2016 and December 5, 2019 respectively ... .
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US legislation on climate change seeks to reinvigorate bilateral cooperation with India

Business Line 16 Apr 2021
... the Department of Energy, the Export-Import Bank of the US, and the International Trade Administration, should encourage private sector investment in, and financing for the development and deployment of clean energy and climate mitigation technologies in India, it said.
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US introduces law on climate action, seeks renewed cooperation with India

Hindustan Times 16 Apr 2021
... the Department of Energy, the Export-Import Bank of the US, and the International Trade Administration, should encourage private sector investment in, and financing for the development and deployment of clean energy and climate mitigation technologies in India, it said.
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Covid shadow looms over small manufacturing units

The Times of India 16 Apr 2021
COIMBATORE. At 9am every day, 36-year-old P Maniraj reaches his manufacturing unit that makes spare parts for paper cup-making machinery at Ganapathy in Coimbatore ... "It looks like a different era now ... As banks were not supportive, he had borrowed about 90% of the invested money from a private finance company for an interest of 26% ... Download ... City. .
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Four applicants each apply for ‘on tap’ licenses to start universal banks, small finance banks

Business Line 15 Apr 2021
The Reserve Bank of India (RBI) on Thursday said four applicants each have applied for “on tap” licenses to start Universal Banks and Small Finance Banks in the private sector ... Services Private Ltd, it added.
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On-tap licences: RBI gets four applicants each to start universal banks, SFBs

Business Line 15 Apr 2021
The Reserve Bank of India (RBI), on Thursday, said four applicants each have applied for on-tap licences to start Universal Banks and Small Finance Banks in the private sector so far ... The applicants under guidelines for ‘on-tap’ licensing of Small Finance Banks (SFBs) are VSoft ...
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RBI receives 8 applications for setting up banks under 'on tap' licensing

The Times of India 15 Apr 2021
UAE Exchange and Financial Services Limited, The Repatriates Cooperative Finance and Development Bank Limited (REPCO Bank), Chaitanya India Fin Credit Private Limited, and Pankaj Vaish and others, are the applicants under the guidelines for 'on tap' licensing of universal banks.
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Govt committed to international fight against illicit financial flows

The News International 15 Apr 2021
... instruments for financing Infrastructure needs by leveraging more private sector and Multilateral Development Banks in the form of blending financing in which private sector risk is mitigating and instruments should be designed as to help them invest in developing economies.
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Symetra Investment Management (SIM) Becomes Registered Investment Advisor

Daily Freeman 15 Apr 2021
At Goldman, he managed CLOs, bank loan separate accounts and mutual funds, U.S ... Prior to that, he was executive director and head of finance at an investment management subsidiary of Nomura and vice president of finance at a private bank subsidiary of Franklin Templeton ... CONSULTING BANKING PROFESSIONAL SERVICES FINANCE.
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Eight applicants interested in universal, small finance banks

Live Mint 15 Apr 2021
The Reserve Bank of India (RBI) on Thursday said a total of eight institutions and individuals have applied for on-tap licences to set up universal banks and small finance banks ... This comes a few weeks after RBI set up an advisory committee to evaluate applications for universal banks and small finance banks.
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How Sputnik V can be a game-changer for Dr Reddy’s

The Times of India 15 Apr 2021
Is it time to look at them rather than private sector banks? ... The credit growth for private banks and NBFCs of course have come down but in the case of NBFCs, because the end users are the smaller users and the expectations have come down quite dramatically versus the private banks, there is a case to be made.
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