Banking & Finance

Rupee rises 14 paise to close at 79.76 against US dollar

Rupee Rises 14 Paise To Close At 79.76 Against US Dollar

The local unit opened at 79.86 against the greenback and finally settled at 79.76 (provisional), registering a rise of 14 paise over its previous close. The rupee rises 14 paise to close at 79.76 (provisional) against the US dollar on Monday tracking strong regional peers and soft greenback according to the top market research companies

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Market Research

Investment Via P-notes Falls To Rs 80,092 Crore In June; Volatility

According to the top market research companies report, the investment through P-notes has declined to Rs 80,092 crore in June-end, which is the lowest level in 20 months. The main reason for this decrease is the aggressive rate hike by the US Federal Reserve. However, experts believe that this investment will be volatile in the

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capital market

Banks lending To NBFCs Is At A High, While The Cost Of Finance Has Soared.

Banks are now the preferred provider of funding to NBFCs, as they were more than two years ago. Borrowing is shifting to the banking system amid a sharp pullout of funds from debt mutual funds and rising funding costs in capital market, experts said. Small NBFCs could face crowding out in FY23, given the hardening

Banks lending To NBFCs Is At A High, While The Cost Of Finance Has Soared. Read More »