REITs fail to take off despite govt, SEBI push Market regulator SEBI’s norms to allow setting up of real estate investment trusts (REITs) which were announced three years ago are yet to find any takers. While SEBI and the government are trying to do all they can to spark some excitement around REITS, the efforts … Read More →
RBI Imposes Penalty on Four Cooperative Banks The Reserve Bank has imposed penalties of up to Rs 5 lakh on four cooperative banks for violation of various norms. RBI said it has imposed a monetary penalty of Rs 5 lakh on The Cooperative City Bank, Guwahati, for flouting KYC norms and non-adherence to requirements relating … Read More →
Cabinet Liberalises Foreign Investment Norms For NBFC Sector: Expanding the list of non-banking financial companies which can attract foreign direct investment, the Cabinet on Wednesday permitted foreign investment through the automatic route in “other financial servicesâ€, if they are under regulators like the Reserve Bank of India and market regulator Securities and Exchange Board of … Read More →
SEBI tells brokers to provide stock trading documents in 15 Indian languages Amid the government talks with global tech giants to let Indians have email IDs in their local language, markets regulator Sebi has directed all intermediaries in the securities market to start communicating with the investors in vernacular languages, in addition to Hindi and … Read More →
RBI launches website Sachet to tackle fraud The Reserve Bank of India (RBI) on Thursday launched a website from which anyone can obtain information regarding entities that are allowed to accept deposits, lodge complaints, and share information regarding illegal acceptance of deposits by unscrupulous entities. Named Sachet, the website is expected to be helpful in … Read More →
NBFC retail credit to grow up to 22% in 2016-17: Icra Retail loan disbursements by non-bank lenders will grow by 19-22 per cent this fiscal, with the housing finance segment alone needing up to Rs 286 billion in capital over the next three years, domestic ratings agency Icra said today. Retail credit growth accelerated to … Read More →
Investors have fallen for stocks that till yesterday were considered just an arbitrage play over banks…. !! Shares of non-banking financial companies (NBFC) have been on fire on Dalal Street. In a note tilled What Doesn’t Kill You Makes You Stronger, Amay Hattangadi, managing director of Morgan Stanley Investment Management (MSIM), and Swanand Kelkar, executive … Read More →
SEBI Eases Rules For Listing of Startups: The Securities and Exchange Board of India (Sebi) has proposed a slew of changes for the start-up listing platform to make it attractive for new-age companies to consider going public in local markets. The regulator said, based on the feedback received from market participants, it has decided to … Read More →
To Finance Short-Term Capital, Companies can use the following Methods:- Trade Credit Companies buy raw materials, components, stores and spare parts on credit from different suppliers. Generally suppliers grant credit for a period of 3 to 6 months, and thus provide short-term finance to the company. Availability of this type of finance is connected with … Read More →
Corporate governance reforms will ensure transparency in boardroom: Sebi CGM The core idea behind corporate governance reforms in India is the promotion of long term sustainability of business enterprises, a top Sebi official said today. Accountancy, independence, transparency and honesty are the prime drivers of the corporate governance regime in the country, said V S … Read More →