Provident Financial News

Getting a personal loan with a poor CIBIL score can certainly be an uphill task but it is still not impossible. There's a number of options one can avail to get the loan they want.

Bharti Airtel for S$950 million (or $711 million) to United States-based investment firm GQG Partners, as per a Reuters report. This move is part of Southeast Asia's largest telecom operator's ongoing capital recycling efforts, marking a total of S$8 billion since its strategic reset in 2021. Airtel and GQG Partners did not respond to queries, the report added.

Sharekhan by BNP Paribas, tight liquidity conditions are creating a challenge for the banks to mobilise deposits. Additionally, a higher credit-deposit ratio is also creating a challenge to sustain loan growth at healthy levels. However, most negatives could be priced in for the banking stocks.

Supreme Court sought the Centre's response on Thursday on a PIL seeking a direction to authorities to provide palliative care to terminally-ill persons as part of the national health programme. A bench comprising Chief Justice D Y Chandrachud and justices J B Pardiwala and Manoj Misra took note of the submissions made by senior advocate Jayna Kothari, who appeared in the court on behalf of the petitioner, that palliative care should be recognised and made part of the national health programme. The court did not agree to one of the prayers in the public interest litigation (PIL) matter filed by Bengaluru resident Rajshree Nagaraju that the right to get palliative care be declared as a part of right to health under Article 21 (protection of life and liberty) of the Constitution. «You seek mandamus (a writ) stating palliative care comes under Article 21. I do not think that you need to pursue this prayer. The right to palliative care is part of the right to health and life… Article 21 covers all aspects of human existence,» the CJI said.

Also Read: Mid & small cap mutual funds: Regulators took these 4 steps to protect investors from high valuations AMCs must publish the stress test results on their own websites and on AMFI's website on a monthly basis, within 15 days after the end of each month. This reporting will begin with the disclosure for the month of February 2024, due by March 15.

₹78 to ₹83 apiece of face value of ₹10 each. The lot size consists of 1,600 shares. Investors can bid for a minimum of 1,600 shares and in multiples thereof.

Suzlon Energy, the country's largest renewable energy solutions provider, jumped 4.60% in today's intraday trade to ₹40.50 apiece after the company bagged a new wind power project. Also Read: Suzlon Energy share slumps 5%, down 15% in last one month; Here's why In today's exchange filing, the company said it received a 72.45 MW wind power project from Juniper Green Energy Private Limited. The company will install 23 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each.

US military said that three people have been killed and at least four wounded after a missile fired by Yemen's Houthi rebels hit a bulk carrier in the Gulf of Aden. The Indian Navy also added that critical medical aid was provided to injured crew.

Mahanagar Gas (MGL) slumped 15% in the previous trading session to ₹1,329 apiece, and they are down 16% from a record high of ₹1,580 apiece. This sudden downturn occurred after the company reduced CNG prices to pass on benefits to end consumers. Investors anticipate that this move will likely impact the company's margins in the future.

IIFL Finance jumped over 9% on Thursday to the day's high of Rs 417 on the NSE after breaking their four-session losing streak. The price action was amid strong volumes with over 79.84 lakh shares getting traded on the NSE at around 10 am. On Wednesday, Fairfax India Holdings Corporation, a longstanding investor in IIFL Finance announced that it will provide liquidity support of $200 million amidst the RBI embargo on the company's gold loan disbursements.

public health challenge in India, particularly affecting women. Statistics emphasize the rising incidence of cancer in India, with a disproportionate impact on women than men. There is a necessity for a heightened emphasis on preventive measures, such as adopting a healthy lifestyle, receiving vaccinations (e.g., HPV vaccine for cervical cancer), and undergoing regular screenings to facilitate early detection.

IIFL Finance, one of the leading NBFCs engaged in retail credit, rebounded in today's session with an intraday gain of 10%, reaching ₹420.40 apiece after the company on Wednesday announced that Fairfax India agreed to invest up to US$200 million in liquidity support amidst the recent Reserve Bank of India (RBI) embargo on the company's gold loan disbursements. "The RBI's embargo has raised liquidity concerns amongst the company’s investors and lenders.

Vidhana Soudha demanding the government to respond to the pressing needs of the people," Surya said. Lambasting the Siddaramaiah government for attempting to address the issue "unscientifically", Surya in a Tweet on X also offered seven suggestions to the BWSSB for quick redressal of the issue.

Taking out personal loans can have both positive and negative consequences. Inclined borrowers may utilise these loans for a range of purposes, including consolidating debt, undertaking home improvements, or addressing unforeseen expenses. 

Investing.com-- Gold prices rose to a record high in Asian trade on Thursday, buoyed chiefly by comments from Federal Reserve Chair Jerome Powell that the central bank will cut interest rates in 2024.

Investing.com-- Oil prices fell slightly in Asian trade on Thursday, cutting short a recent rally as markets awaited more cues on demand from top importer China.

State Bank of India has not provided information on electoral bonds encashed by political parties as of March 6, missing the Supreme Court's deadline, PTI reported. The bank had on March 4 requested an extension until June 30 to disclose details, but the plea has not yet been scheduled for a hearing by the apex court. In its plea, SBI argued that retrieving information from various sources and matching data between silos would be time-consuming.

insurance coverage available to all of India will benefit women by addressing their unique needs and circumstances: Maternity Coverage: Maternity mortality rate in India has reduced substantially in the last 2 decades from over 500 per lack to 97 per lakh.1 This number is much higher for rural areas and some of the poor states where access to institutional birthing is limited. Comprehensive and comprehensive maternity coverage can help reduce maternal mortality by providing medical access for childbirth expenses, pre and postnatal care, and new-born care to support women through pregnancy and childbirth.

TOI report, in the affidavit submitted to the High courts of Punjab and Haryana, the administration stated that it would refund the money deposited by the petitioners and the other applicants. Coming back to Bansal, he said that the UT administration shelved the housing scheme more than 16 years after it was introduced. He added that the decision was made in response to an increase in land costs, which has led to breaking the dreams of over 4,000 employees, many of whom even passed away while waiting for a flat, a report by Hindustan Times stated.

Investing.com-- Chemicals maker Chemours Co (NYSE:CC) said on Wednesday that an internal review found that its  top three executives, who were placed on administrative leave last week, had violated the firm’s code of ethics, particularly regarding financial disclosures.

An aggressive nonorganic growth strategy that began in 2019 has boosted new client assets by more than $1 billion for Householder Group.