APN News

  • Wednesday, April, 2024| Today's Market | Current Time: 08:39:22

    • Finance

    Quote by Mr Umesh Revankar, Executive Vice Chairman, Shriram Finance.

    “The inflation level has been staying within the tolerance limit of below 6%. Consequently, in the upcoming MPC recommendations, we expect RBI to continue with their stance of pausing policy rate hikes for the next interest cycle. Having said that, inflation in various countries such as the United Kingdom is still a cause of worry. […]

    Finance

    HDFC Mutual Fund launches HDFC Transportation and Logistics Fund

     Mumbai : HDFC Asset Management Co. Ltd, investment manager to HDFC Mutual Fund , one of India’s leading mutual fund houses has announced the launch of HDFC Transportation and Logistics Fund that plans to invest in companies that are at the forefront of the dynamic Transportation and Logistics sector. It aims to capitalise on wide […]

    Finance

    Leif Assurance Creates Partnership with EquipmentShare

     St. Louis, Mo  – Leif Assurance, a full-service insurance agency that exclusively handles construction insurance, recently formed a partnership with EquipmentShare, a nationwide equipment rental and fleet management software company serving the construction industry. The companies will work together to resolve safety risks and theft in construction, two challenges that reduce productivity and impact lives. […]

    Banking

    SBI Raises Rs 10,000 Crores Through Unsecured Long-Term Infrastructure Bonds

     Bangalore : State Bank of India, the country’s largest lender, raised Rs. 10,000 crores at a coupon rate of 7.54% through its third infrastructure bond issuance, bidding for which took place on 31.07.2023. The proceeds of bonds will be utilized in enhancing long-term resources for funding infrastructure and the affordable housing segment. The tenor of […]

    Finance

    IndiaFirst Life Launches Guarantee of Life Dreams (G.O.L.D.) Plan

     Kolkata : IndiaFirst Life Insurance Company Limited (IndiaFirst Life), unveiled a new product — IndiaFirst Life Guarantee of Life Dreams   plan. The non-linked, non-participating, individual life insurance plan is designed to provide policyholders with a regular long-term income option. IndiaFirst Life Guarantee of Life Dreams Plan is an extended-term insurance-based savings product, which offers flexible […]

    Finance

    What are the Different Types of Motor Vehicle Insurance?

    Motor vehicle insurance is not only a legal requirement but also a crucial aspect of responsible vehicle ownership in India. Accidents can happen at any time, leading to substantial financial burdens, property damage, and potential liabilities. Having the right type of motor vehicle insurance ensures protection against these risks and provides peace of mind on […]

    Finance

    T20 Working Groups recommend setting up of a Climate Technologies’ Clearing House and linking SME Financing to ESG

     New Delhi- Aspire Impact, a leading ESG, Sustainability and Impact Assessment initiative in India, took a significant stride in tackling environmental challenges during a recent Global Consultation today, alongside Aspire Circle and TERI, its co-hosts. The global consultation titled “Catalysing inclusive Climate Innovations for the Global Impact Economy”, witnessed massive participation from experts representing corporates, […]

    Banking

    South Indian Bank ties up with Doha Brokerage & Financial Services Ltd for extending Portfolio Investment Services to its NRI customers

     Kochi: South Indian Bank  has enlisted the services of Doha Brokerage & Financial Services   as a trading partner. The tie-up will enable the bank to offer portfolio investment services to its NRI customers. In a formal event held in Ernakulam, Kerala, India, Mr.Anand Subramaniam, Head-NRI Business, South Indian Bank, and Mr. Prince George Managing Director […]

    Finance

    Five-Star Business Finance Limited

      AUM at Rs 7,583 crores (up 43% Y-o-Y and 10% Q-o-Q) Disbursements for the quarter stood at Rs 1,132 crores (up 99% Y-o-Y and 2% Q-o-Q) PAT for the quarter at Rs 184 crores (up 32% Y-o-Y and 9% Q-o-Q) Gross Stage 3 at 1.411 %/Net Stage 3 at 0.79% (refer note 1) Chennai […]

    Finance

    EQUITAS SMALL FINANCE BANK LIMITED

     Chennai : The Board of Directors of Equitas Small Finance Bank Limited at its meeting held today, approved the unaudited financial results for quarter ended June 30, 2023 PAT of Rs. 191 Cr in Q1FY24, Strong growth of 97% YoY Quarterly disbursement at Rs. 4,757 Crs in Q1FY24, growth of 47% YoY Gross advances at […]

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