IIFT’s Triple Crown Aspiration
The B-school holds AACSB and EQUIS accreditations and has filed for AMBA.
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November 2024
October 2024
September 2024
Why are Manappuram Finance shares falling for 9 sessions?
The NBFC stock has been under pressure after the RBI initiated action against its subsidiary Asirvad Micro Finance.
RBI stops 4 NBFCs, including Sachin Bansal’s Navi, from disbursing loans
RBI says this action is based on concerns observed in the pricing policy of these NBFCs.
Global public debt to rise to 100% of GDP by 2029: RBI governor
Rising debt-to-GDP ratios in major economies raise sustainability concerns and place pressure on central banks to facilitate the financing of substantial public debts.
UPI transactions limit raised to ₹10,000 for 123Pay, ₹5,000 for UPI Lite
UPI 123Pay transaction limits increase from ₹5,000 to ₹10,000, UPI Lite wallet limit rises from ₹2,000 to ₹5,000
RBI governor warns NBFCs pursuing ‘growth at any cost’
Some NBFCs are aggressively pursuing growth without building up sustainable business practices and risk management frameworks, says Shaktikanta Das.
MPC holds repo rate; changes policy stance to ‘neutral’
The change in stance provides flexibility to the MPC while enabling it to monitor the progress on disinflation which is still incomplete.
RBI, Maldives Monetary Authority sign $400 mn currency swap pact
SAARC Currency Swap Framework provides short-term foreign exchange liquidity to member nations facing foreign currency shortages
RBI flags 'irregular practices' in gold loans by lenders; 10 key points
The RBI says banks and NBFCs must closely monitor gold loan portfolio, especially in light of significant growth in this segment; non-compliance to attract supervisory action after three months
IIFL Finance shares surge 11% as RBI lifts curbs on gold loan biz
The RBI's decision will allow the company to resume the sanctioning, disbursal, assignment, securitisation, and sale of gold loans, says the NBFC
