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NBFCs throng bond mkt to fund festival credit demand

 A number of non-banking financial companies (NBFCs) have tapped into the debt capital market ahead of the festival season to meet increasing credit demand as bank funding slows. Illustration:......

What experts say about interim Budget 2024

 Following are comments from economists at leading financial institutions, banks and rating agencies on the interim Budget: Illustration: Uttam Ghosh/Rediff.com Abheek Barua, Chief Economist, HDFC......

FY24 earnings makeover: IndianOil to MRF, companies rewrite profit playbook

 The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent......

15 large NBFCs to comply with enhanced regulatory norms: RBI

 Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements. Photograph:......

Fundraising activity in debt market gathers speed ahead of festival season

 Fundraising activity in the debt market is gaining momentum ahead of the festival season. Illustration: Dominic Xavier/Rediff.com Several non-banking financial companies (NBFCs) and the National......

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