India's retail credit market now most dynamic in EMs outside China at 15.7%

New Delhi: India's retail credit market increased at a compounded annual growth rate (CAGR) of 15.7 per cent from US$ 181 billion in December 2014 to US$ 281 billion in Decembe...

Better bond yields in last one year boost short-term paper volume: ICRA

Mumbai: Outstanding Commercial Papers (CPs) in India have grown 96 per cent to Rs 6.39 lakh crore (US$ 90.09 billion) in the 12 months ended July 2018 on the back of better bond yi...

Buyback offers touch Rs 300 billion in three months

New Delhi: Buyback of equity shares has gathered pace in India as the boards of total 13 firms have approved share buyback proposal worth Rs 309 billion (US$ 4.47 billion) since Ju...

Market capitalisation of BSE listed firms hits a new high of Rs 157 trn

Mumbai: Market capitalisation of the firms listed on BSE has reached Rs 157 trillion (US$ 2,273.62 billion), touching a seven-month high since January 2018.

MF retail assets crossing Rs 10 trn a big achievement: Amfi's N S Venkatesh

New Delhi: India's mutual fund industry grew at the rate of 17 per cent year-on-year while the retail segment recorded a growth of 34 per cent year-on-year as the retail assets...

PM Modi to launch India Post Payments Bank on Aug 21

New Delhi: The India Post Payments Bank (IPPB) which will focus on financial services in rural areas, will be launched on August 21, 2018 by Mr Narendra Modi, Prime Minister of Ind...

Microcredit witnesses 40% year-on-year growth for the last few months

Kolkata: Microcredit sector in India has increased by 38 per cent year-on-year to reach Rs 19,700 crore (US$ 2.85 billion) in May 2018.

FII equity holding up marginally in April-June

New Delhi: Foreign Institutional Investment in India increased 20.77 per cent quarter-on-quarter in April - June 2018.