Reserve Bank of India
RBI Restricts JM Financial’s Lending Against Shares, Debentures Over Governance Concerns
RBI Restricts JM Financial’s Lending Against Shares, Debentures Over Governance Concerns Mumbai, India – March 6, 2024: In a move raising concerns about the financial services sector, the Reserve Bank of India (RBI) has restricted JM Financial Products Limited (JMFPL), a subsidiary of JM Financial, from engaging in any form of financing against shares and […]
Shapoorji Pallonji Real Estate Aims to Surpass Rs. 1000 Crore in Sales Revenue from its Uber-luxury Project in Mumbai
Shapoorji Pallonji Real Estate Aims to Surpass Rs. 1000 Crore in Sales Revenue from its Uber-luxury Project in Mumbai With the SP Group’s legacy of excellence spanning 157 years, Shapoorji Pallonji Real Estate (SPRE), one of India’s most trusted real estate developers, unveils its prestigious uber-luxury project, The Odyssey, situated off Marine Drive. This iconic […]
MAS Financial Services Recommends Issuance of Bonus Shares in the Proportion of 2:1; Plans to Raise upto Rs. 700 Crores Via QIP Route
MAS Financial Services Recommends Issuance of Bonus Shares in the Proportion of 2:1; Plans to Raise upto Rs. 700 Crores Via QIP Route The meeting of Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialized in MSME financing, held today have inter-alia considered and approved the following matters: To […]
RBI Governor Shaktikanta Das Holds Rates Unchanged, Warns of More Pain Ahead
RBI Governor Shaktikanta Das Holds Rates Unchanged, Warns of More Pain Ahead Mumbai, August 8: Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday kept the repo rate unchanged at 4.40%, while raising the reverse repo rate by 0.25% to 3.75%. The decision was widely expected, as the RBI has been signaling a hawkish […]