DBS BANK INDIA

Tata's $250 million loan is linked to its progress on its carbon emission reduction, with the interest rate margin of the loan set to be adjusted based on these targets and the company's performance. ​"Such short-term targets, creating a link betwee...

The Reserve Bank of India (RBI) kept policy interest rates unchanged for the eighth consecutive meeting due to concerns about rising food prices. The central bank raised its economic growth forecast for FY25 to 7.2% from 7%, driven by state investme...

The Reserve Bank of India (RBI) kept interest rates unchanged in its eighth consecutive meeting, with some members leaning towards easing monetary policy due to concerns about rising food prices. The central bank raised its FY25 growth forecast by 2...

The Reserve Bank of India (RBI) will likely keep the repo rate unchanged in the upcoming monetary policy committee review. The question now is how long will the high-FD rate regime continue. Also, what should be the best strategy for your short-term...

Shriram Finance Limited raised USD 468 million in multi-currency for business growth through a social loan structured by leading banks, marking the largest syndicated transaction by a private NBFC.

RBI to hold rates on strong GDP growth. Inflation within target range but food inflation high. RBI cautious on weather impact.

Citi anticipates S&P Global Ratings will upgrade India's sovereign rating by late 2026, following S&P's recent outlook improvement to 'positive' from 'stable'. Citi cites S&P's confidence in India's economic fundamentals and fiscal trajectory. India...

It means that as per the RBI rules, one can transfer of money up to USD 250,000 per calendar year for defined purposes. However, fees per transaction differ depending on the bank. Here is a comparison of the latest top banks’ charges for sending mon...

"Vis-a-vis, the rest of the world, the earlier story of a regular rupee depreciation will start to dissipate. While we are going to be a function of global markets, the rupee bonds will actually outperform the US and the rest of the developed market...

Fixed deposit: Senior citizens can get up to 8.6% interest rate on bank FDs. For a senior citizen investing in FDs are lucrative for two reasons-slightly higher interest rate than general citizens, and a higher threshold limit for tax deducted at so...

The organisation has developed a six-month internship programme wherein shortlisted returnees will engage in projects and receive guidance from industry leaders within a supportive environment to enable a smoother transition back to work. The progra...

The non-banking financial company raised the funds through bonds maturing in three years and nine months at a coupon rate – or rate of interest – of 7.125%. The funds will be used for onward lending and other activities that are allowed under the Re...

The tier-2 bonds have a loss absorbency feature, which means that if a bank fails, its tier-2 bondholders will absorb any losses ahead of its depositors. LVB had reported about ₹3,000 crore in accumulated losses, one-fourth of its loan book had turn...

S&P Global Ratings warned that RBI's recent regulatory action on Kotak Mahindra Bank could limit the bank's credit growth and profitability. The RBI prohibited Kotak Mahindra Bank from issuing new credit cards and onboarding customers online, impact...

Madras High Court has directed RBI to reevaluate DBS Bank India and LVB pre-amalgamation, influencing share value/write-off decisions within four months, in response to bondholders' suit, highlighting transparency and fairness for stakeholders.

India's largest alloy manufacturer, JSW Steel, has raised $900 million from a consortium of eight foreign banks to refinance debt maturing this month and pre-pay high-cost borrowings. The loan was priced 180 basis points above the international secu...

DBS Bank's IFSC banking unit in Gujarat International Finance Tec-City (GIFT City) said in a statement that it led the syndicated loan. The funds will be used for growing the retail education loan franchise, it said.

Ola Electric Mobility raised Rs 410 crore from EvolutionX Debt Capital, supported by DBS and Temasek. Founder Bhavish Aggarwal is pitching the IPO to global investors, aiming for a $7-8 billion valuation.

The Indian start-up sector has seen significant expansion over the years with over 90,000 start-ups and more than 100 unicorns as of 2024.