RBI overhauls Lead Bank Scheme after review, issues new guidelines
The Reserve Bank of India has updated its Lead Bank Scheme to improve loan planning and financial services at the district level. The new rules (released on June 19) aim to increase loans to important sectors and make banking services more accessible to people. A new three-level committee system has been introduced to improve coordination […]
NHB probing Aavas Financiers over loan classification lapses
The sector regulator has recalled refinancing support worth nearly Rs 500 crore —a punitive action that has set off a sweeping leadership overhaul at the company. ET was the first to report on April 13 that managing director and CEO Sachinder Bhinder was being asked to step down, with Manu Singh — former home loans […]
Banks seek RBI clarity on leveraged NRI FCNR deposit structures
Indian banks have approached the Reserve Bank of India seeking clarity on allowing overseas branches to lend against FCNR(B) deposits. Some banks have already introduced leveraged products for NRIs, but clearer guidelines are needed. With the RBI’s special window closing in September, lenders are eager to expand these offerings and attract more NRI funds. […]
SBI raises its FCNR (B) game with 9x leverage play under RBI scheme
SBI has launched a 9x leverage facility on FCNR(B) deposits under RBI’s special scheme.For every $1 million deposited, customers can get loans up to $9 million.With a 6% deposit rate and 5.4% loan rate, returns can go up to around 14%. business-standard. https://www.business-standard.com/companies/news/sbi-raises-its-fcnr-b-game-with-9x-leverage-play-under-rbi-scheme-126062000002_1.html
Rich on paper, stressed in life: Are we managing our money, or is it managing us?
From college students to retirees, everyone is investing today.But when does smart investing turn into an unhealthy obsession financialexpress https://www.financialexpress.com/money/insights/rich-on-paper-stressed-in-life-are-we-managing-our-money-or-is-it-managing-us/4271977/?ref=hometop_hp
4.7% dividend yield, 67% ROCE: This stock is quietly placing new bets in EVs and data centers
A debt-free business, nearly ₹1,000 crore in annual free cash flow, and a 90% payout ratio. Can this dividend-paying machine keep rewarding shareholders for years to come? financialexpress https://www.financialexpress.com/market/stock-insights/dividend-hunter/4-7-dividend-yield-67-roce-this-stock-is-quietly-placing-new-bets-in-evs-and-data-centers/4271983/?ref=hometop_hp
4.7% dividend yield, 67% ROCE: This stock is quietly placing new bets in EVs and data centers
A debt-free business, ₹1,000 crore+ free cash flow, and a 90% payout ratio.Can this dividend machine keep rewarding investors for years? financialexpress https://www.financialexpress.com/market/stock-insights/dividend-hunter/4-7-dividend-yield-67-roce-this-stock-is-quietly-placing-new-bets-in-evs-and-data-centers/4271983/?ref=hometop_hp
The Rs 1,000 crore revenue target: Is this under-the-radar manufacturer India’s next EMS giant
The biggest opportunity in India’s EMS boom is no longer assembly.The focus is now shifting toward high-value electronics, and that’s where the next winners could emerge financialexpress https://www.financialexpress.com/market/stock-insights/the-rs-1000-crore-revenue-target-is-this-under-the-radar-manufacturer-indias-next-ems-giant/4270817/?ref=hometop_hp
Silver prices plunge 11% this week as Fed Chief Kevin Warsh’s hawkish stance, dollar strength trigger selloff
Silver prices fell 11% this week due to hawkish signals from the US Federal Reserve.A stronger dollar further pressured prices by reducing investor demand. financialexpress
RBI announces removal of interest rate cap on NRI deposits: Will SBI, HDFC and ICICI Bank hike rates
Reserve Bank of India ne NRI dollar deposits par interest rate cap hata diya, banks ab higher returns offer kar sakte hain Currency risk RBI ne absorb kiya hai, jisse NRIs ko zyada attractive returns milne ke chances badh gaye financial express https://www.financialexpress.com/immigration/rbi-announces-removal-of-interest-rate-cap-on-nri-dollar-deposits-rules-and-impact-explained/4271560/?ref=hometop_hp