Category: Finance
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RBI Initiatives to Enhance MSME Export Finance: MoS Finance Highlights
New Delhi, Dec 8 (KNN) Minister of State for Finance Pankaj Chaudhary on Monday detailed export credit availability and initiatives to ease trade finance constraints for MSME exporters. Regulatory Measures In a written reply to a question in Lok Sabha, the Minister said that the Reserve Bank of India (RBI) has introduced several measures, including…
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Nisus Finance’s RESO-1 Secures 23% IRR Exit from Bengaluru Investment
Nisus Finance, a listed alternate fund manager and urban infrastructure investment house, announced its successful exit from Project High Cliff, late-stage residential development in Bellandur, Bengaluru. The investment, executed through rated, listed non-convertible debentures under its flagship Real Estate Special Opportunities Fund-1 (RESO-1), generated an Internal Rate of Return (IRR) of 23% within a span…
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November Sees Rising Personal Finance Concerns Among US Households, According to New York Fed
Dec 8 (Reuters) – U.S. households grew more downbeat on their current and future financial situations in November, even as their expectations for the future trajectory of inflation held steady, a New York Federal Reserve report released on Monday showed. The regional Fed bank said in its Survey of Consumer Expectations for November that respondents’…
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Fino Payments Bank Shares Drop 11% Following Approval for Small Finance Bank Transition
Fino Payments Bank shares plummeted Monday even after it received an in-principle license to convert itself into a small finance bank. The stock closed 11.35% lower at Rs 278.95 on BSE while falling 12.74% to Rs 274.60 on NSE. On BSE, the bank’s share opened higher at Rs 324.65 as compared with the previous close…
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AU Small Finance Bank Launches ‘Soch Badlo, Bank Bhi’ Initiative
AU Small Finance Bank (AU SFB), the first Small Finance Bank to receive in-principle approval from the Reserve Bank of India to transition into a Universal Bank, unveils its new brand campaign carrying forward the brand’s core theme of Soch Badlo, aur Bank Bhi (Change Your Thinking, Change Your Bank). Featuring Bollywood actors Ranbir Kapoor and…
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2025 Fiscal Year-End Guide and Timeline
The end of the calendar year is a rough patch for accounting departments and business owners. To ensure the inventory and book closing process runs smoothly and stress-free, it’s important to prepare diligently and plan all necessary activities beforehand. Therefore, for all individuals and entities in the process of closing the current financial year and…
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Westwood Financial Secures $145 Million to Propel Growth Strategy
Latest capital raise enhances flexibility and liquidity for dominant neighborhood retail owner LOS ANGELES, December 08, 2025–(BUSINESS WIRE)–Westwood Financial, a 55-year-old leading retail real estate investment firm based in Los Angeles, today announced it has closed on the recast and $145 million upsize to its corporate credit facility, increasing the total facility to $470 million.…
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UFBU Plans to Contact IBA and Finance Ministry for Urgent Approval
The United Forum of Bank Unions (UFBU), representing nine major bank unions, has issued detailed instructions for employees and officers across banks to sign and forward memorandums seeking immediate approval of 5-day banking. The call includes sending hard copies to the Indian Banks’ Association (IBA) and the Finance Minister, along with scanned copies to the UFBU’s…