by AIP Online Bureau | Dec 29, 2019 | Data, Eco/Invest/Demography
New Delhi: Top 50 corporates in the country have reduced debt by Rs 59,600 crore in the first half of this fiscal as part of their strategy to deleverage their balance sheet, according to government sources. This has some bearing on the credit growth of the...
by AIP Online Bureau | Dec 29, 2019 | Data, Eco/Invest/Demography
New Delhi: Marking a major upswing in fundraising activities, Indian companies garnered Rs 8.7 trillion from domestic and overseas markets in 2019 — up 20 per cent from the previous year — with debt instruments remaining the most preferred route for...
by AIP Online Bureau | Dec 29, 2019 | Eco/Invest/Demography, International News
New Delhi: India is expected to overtake Germany to become fourth-largest economy in 2026 and Japan to become third largest in 2034, according a recent report by the UK-based Centre for Economics and Business Research (CEBR). It further said India is...
by AIP Online Bureau | Dec 29, 2019 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management
Mumbai: The Deposit Insurance and Credit Guarantee Corporation has received a total claim of about Rs 14,100 crore in case of defaulting co-operative banks amid massive scam at the now-crippled Punjab & Maharashtra Cooperative Bank, according to the RBI....
by AIP Online Bureau | Dec 29, 2019 | Indian News, Non-Life, Regulation
Mumbai: Reliance Capital, part of Anil Ambani-led Reliance Group, on Sunday said the Insurance Regulatory and Development Authority of India(Irdai) has cancelled the 100 per cent pledge enforcement of Reliance General Insurance Company Ltd's (RGICL)...
