IREDA to raise ₹24,200 cr from debt market in FY25; stock up 3%
The board of directors of IREDA is scheduled to meet on March 28 to consider and approve the borrowing programme for FY25.
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March 2024
December 2023
Aditya Birla Capital to merge with Aditya Birla Finance
The amalgamation will result in compliance with the regulations of the Reserve Bank of India (RBI) which require the mandatory listing of Aditya Birla Finance by September 30, 2025.
Bank NPAs may jump to 4.4% under severe stress: RBI
Gross NPA ratio of all scheduled commercial banks declined to an 11-year low of 3.2% at the end of September 2023.
Bank fraud cases jump in first half of FY24: RBI
The number of frauds in banks jumped to 14,483 during the April-September period of the current fiscal.
IREDA plans to raise up to ₹2,000 cr via taxable bonds; stock up 2%
IREDA aims to raise bonds worth ₹500 crore at the base issue, with a green shoe option of up to ₹1,500 crore, aggregating to ₹2,000 crore.
RBI tightens norms for lenders investing in AIFs
Banks and NBFCs make investments in units of AIFs as part of their regular investment operations.
Shriram Fin to double down on expansion and diversification
The NBFC targets organic expansion in its existing segments and diversification into new sectors
M&M Finance forays into life, health and general insurance
The company plans to make an initial investment ranging from ₹5 crore to ₹10 crore.
From ₹32 to ₹102: IREDA shares surge 219% from IPO price in 10 sessions
IREDA shares rallied 20% to ₹102.2 on the BSE today, delivering 219% returns to investors who bought shares in the IPO and continue to hold them.
Consumer loan risk weights to end lenders' exuberance: RBI deputy governor
While it is too early to conclude, risk management practices are getting better, says RBI deputy governor Swaminathan Janakiraman
