Month: February 2025
RBI relaxes rules for micro credit, non-bank lenders
The RBI has eased restrictions on lending to non-bank finance companies and microfinance institutions by lowering risk weights for bank credit. This move aims to […]
Tata Cap gets board nod for RBI-mandated IPO
Tata Capital’s board has approved plans for an IPO to list by September, comprising fresh shares and stake-sale, potentially valued at $1.7 billion. This move […]
Why foreign funds can’t stop selling Indian stocks
Foreign funds have sold over Rs 2 lakh crore worth of Indian stocks since October last year, driven by weak earnings growth, falling rupee returns, […]
Rupee slips by 51p to 87.2 vs $, steepest fall in 3 weeks
The rupee fell 51 paise, closing at 87.2 per US dollar, marking its sharpest decline in three weeks. Regional currency weakness, importer hedging, and dollar […]
Unilever chief Schumacher out after 2-year stint, CFO elevated
Srinivas Phatak will assume the role of Unilever’s acting CFO on March 1. Current CFO Fernando Fernandez will be elevated to CEO position. Phatak, a […]