Investor behaviour is the process by which people choose where to put their money. Understanding the factors that contribute to the success or failure of various investment strategies requires a study of investor behaviour.
Last month, RBI, during the course of the monetary policy committee announcement on interest rates, said that pre-sanctioned credit line would be made available via UPI. With this, a pre-sanctioned approval acts as a digital credit-card to millions who may not have one. In an age of buy now-pay later, RBI’s recent measure helps create a win-win situation for all – MSMEs, individuals as well as banks.
Visa's executive chairman, Alfred Kelly, has said he's happy to work with the National Payments Corp of India (NPCI) as he looks to expand the company's footprint in the region. He said the formation of NPCI, RuPay and UPI had been a catalyst, but the aim is to create an even playing field, with all stakeholders working towards their highest level of efficiency.
The proposed investment round led by Temasek is likely to value the company at around ₹11,000-12,000 crore ($1.34 -$1.46 billion), the people said. A couple of other investors are likely to join Temasek in this round with smaller cheques, taking the total funding to $180-200 million, said people aware of the development.
"The IRDAI has an extensive framework for regulating and monitoring investments made by insurance companies, which is applicable on both the pattern of investment as well as exposure norms. The exposure norms have been defined for entity level, group level and also the industry level."
The Enforcement Directorate on Wednesday conducted searches at multiple premises linked to non-banking finance company Manappuram Finance in Kerala in connection with a money laundering investigation.
The margin framework, which owes its origin to the financial meltdown of 2008, is aimed to reduce risks and contagion damages of volatility and default in over-the-counter, or one-to-one that banks cut with companies and other banks.
The margin framework, which owes its origin to the financial meltdown of 2008, is aimed to reduce risks and contagion damages of volatility and default in over-the-counter, or one-to-one that banks cut with companies and other banks.
Multiples Alternate Asset Management has raised $640m for its fourth Indian-focused private equity fund. The fund aims to increase its size to $1bn with a final close expected in the next five months. Canada Pension Plan Investment Board, IFC and the State Bank of India are the fund's anchor investors. Despite the fund size being $1bn, Multiples plans to use the green-shoe option to increase the final investment to $1.5bn. Founded by Renuka Ramnath in 2009, Multiples has already invested in companies such as Dream 11, PVR Cinemas and RBL Bank.
With this, Airtel Payments Bank is amongst the first four banks to offer face authentication for AePS in the country, the telco added. The roll out is being deployed in phases, starting with the first phase that includes non-financial transactions like balance enquiry and mini-statements.
Private equity firm Carlyle and Indian billionaire Azim Premji's investment unit are in separate talks to invest about $150 million in TVS Credit Services, an arm of scooter and motorcycle maker TVS Motors, two sources told Reuters. The winner of the race to bet on India's fast-growing shadow-banking sector could get a stake of 20%, one of the sources said. A valuation of about 50 billion rupees ($612 million) for TVS Credit is being discussed, both sources said.
"The guarantee is a big issue no doubt but the fact of the matter is that NARCL has taken too long to conduct due diligence and make concrete offers," said a person familiar with the matter. "And even when they have made offers, those have been too little for banks to take a call which has meant an unecessary back and forth. All these factors have jeapordised the NARCL idea."
Large corporates will never be allowed to open a bank in India, veteran banker N Vaghul has said. Vaghul said India has learnt from its pre-bank nationalisation experience and will never repeat the same mistakes by allowing large corporations into banking.