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Clearing Corp of India Ltd is upgrading its repo platform with wider functionality that will incorporate the Reserve Bank of India's new securities lending directions. The updates to the Clearcorp Repo Order Matching System will enable insurance companies and mutual funds to lend securities in...
Goldman Sachs sees India's services exports around 11% of GDP by 2030, up from the current share of 9.7% of GDP, having risen at a compound annual growth rate of 11% and twice as fast as the global growth between 2005 and 2023. The global investment banking company sees the services exports at...
UltraTech Cement Ltd, India's largest cement manufacturer, reported better-than-expected earnings for the quarter ended March, with strong volume growth and high capacity utilisation. While the company reported year-on-year growth in the key operational metric, earnings before interest, taxes,...
Shriram Finance Ltd is drawing up plans to raise at least $1 bln in the current financial year by tapping the overseas market, Managing Director and Chief Executive Officer Y.S. Chakravarti said, adding that it will be a mix of loans and bonds. The move gains significance as non-banking financial...
The Reserve Bank of India today directed all regulated entities to review their practices on the mode of disbursal of loans, application of interest and other charges and take corrective action, including system-level changes, in the interest of fairness and transparency. The directions...
Coming Soon - Informist real-time news-only mobile app for individual users.
This Website showcases only a few of our long-form stories on a delayed basis. This is a small fraction of our real-time coverage available on the NSE Cogencis WorkStation