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Business / Business Standard

RBI prescribes guidelines for distribution of dividends by NBFCs

The guidelines shall be effective for declaration of dividend from the profits of the financial year ending March 31, 2022 and onwards

24 Jun 2021 6:23 pm
Regulatory wrinkles should be ironed out to give HFCs a better deal: Parekh

Parekh said his personal view was that Regulation and supervision are critical functions in any financial system and it is important that trust between a regulator and regulatee is never compromised.

23 Jun 2021 8:33 pm
23 Jun 2021 5:26 pm
ED attached assets more than money due to banks: Mehul Choksi's lawyer

Vijay Mallya, Nirav Modi, and Mehul Choksi had allegedly defrauded various PSBs by siphoning off the funds through their companies, resulting in a total loss of Rs. 22,585.83 crore to the banks.

23 Jun 2021 3:41 pm
'Money is being thrown' at them but millennials don't want to be bankers

For those who want to stay in finance, non-bank financial institutions, growth equity firms and other, smaller financial-services businesses have become better options.

23 Jun 2021 12:30 pm
Dollar in retreat as Powell says Fed won't raise rates on fear of inflation

The US dollar remained on the back foot against major peers on Wednesday after a two-day drop as US Fed officials including Chair Powell reaffirmed that tighter monetary policy was still some way off

23 Jun 2021 8:28 am
Should you subscribe to India Pesticides IPO? Here's what analysts say

India Pesticides IPO: Analysts have largely assigned 'Subscribe' rating to the issue on the back of positive growth prospects, strong financials and reasonable valuations

23 Jun 2021 7:17 am
Opec+ discusses crude output hike in preparation for next meeting

Moscow is considering making a proposal that the group should ease a global supply deficit by increasing output, according to Russian officials familiar with the matter

22 Jun 2021 11:23 pm
Slow grind: Sensex took 85 days to reach 53,000

The latest 1,000-point up move has been the slowest in the previous 10.

22 Jun 2021 5:29 pm
Gold edges higher on subdued dollar ahead of Jerome Powell's testimony

Gold inched higher on Tuesday as a halt in the dollar's rally bolstered the appeal of the precious metal ahead of US Federal Reserve Chairman Jerome Powell's testimony to Congress

22 Jun 2021 11:28 am
Venky's India nears three-year high; stock zooms 106% in two months

For FY21, Venky's had posted PAT of Rs 267.7 crore against loss of Rs 27.16 crore, despite 4.4 per cent year on year drop in revenue from operations at Rs 3,117 crore

22 Jun 2021 11:24 am
MARKET LIVE: Sensex gains 350 points, tests 53k; Nifty near 15,850

LIVE market: The Nifty sectoral indices were painted green, led by Nifty PSU Bank index, up 1.9 per cent

22 Jun 2021 8:04 am
SAT allows vote on Carlyle's Rs 4,000-crore infusion in PNB Housing

Results not allowed to be disclosed; Tribunal allows Tuesday EGM to go ahead

21 Jun 2021 5:29 pm
Market Wrap Podcast, June 21: Here's all that happened in the markets today

Sectorally, the Nifty PSU Bank index ended 4 per cent higher amid reports that Central Bank of India and Indian Overseas Bank might be privatised

21 Jun 2021 5:27 pm