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Industry
Jio Financial Services seeks shareholders nod to raise FDI limit up to 49%
Markets
Propelld secures $25 million of debt funds through its NBFC subsidiary
Trendz
SMFG driving sustained growth of SMFG Grihashakti
IIFL Finance raises Rs1,271 cr via rights issue
Economy
Moody’s forecasts 6.6% growth for FY25
Banks
RBI asks NBFCs to stick to gold loan cash payment of Rs20,000 ceiling
Namdev Finvest’s AUM cross Rs 1,200 cr in FY24
Eco Buzz
Siguler Guff invest Rs 240 cr in Spandana Sphoorty
National
Modifi aims to disburse $50 cr to T’gana, AP SMEs in 3 years
SBFC Finance Soars in Q4, ending year on a high
Bajaj Finance shares tank 8%
M&M Fin tanks 5.50% as firm detects Rs150-cr fraud