Week Ending May 25, 2024
Week ending 25th May 2024 # 1 Markets Reserve Bank of India’s larger-than-expected dividend payment to the government prompted traders to cover some of their bearish bets in equity market. Receding uncertainty over the BJP’s performance in the general elections also bolstered sentiment, with the NSE Nifty ending a whisker away from 23,000 on Thursday. […]
Inclusive Growth: Pioneering Solutions in Housing Finance
Sreeraman runs a road-side eatery in Madurai and earns ₹40,000 a month. He has grown into this career from a day job because he wanted to be a self-employed microentrepreneur. As he progressed in his life, he got married to Mahalakshmi and wanted to settle in Madurai by constructing an 800 square-foot. house for his […]
A Sombre Tribute to a Revered Leader in Banking
Shri. R. K. Talwar, one of the greatest bankers India had ever produced, mentored Shri. Narayanan Vaghul at SBI, who went on to build another world-class institution, ICICI. It takes a legendary mentor to guide another institution builder, and at ICICI, Shri. Vaghul is renowned for directly grooming leaders such as K. V. Kamath, Kalpana […]
Week Ending 04th May, 2024
# Markets Profit booking on Friday triggered by market chatter on changes to capital gains taxes on equities—piling on to prevailing election jitters—dragged India’s benchmark equity indices to their lowest in three weeks, before Hon’ble FM Nirmala Sitharaman dismissed what she called “pure speculation”. Section of the market also attributed to investors cutting bets ahead […]
The FinTech Phenomenon: Unleashing India’s Financial Potential
India’s core banking solutions get a FinTech makeover – and the shift is redefining the future of banking. The banking sector in India is witnessing a significant transformation, driven by the symbiotic relationship between FinTech and core banking. Core banking solutions (CBS) have revolutionised Indian banking from its early stages. By streamlining processes and centralising […]
LP’s appetite for private equity in India
2023 marked the second-highest year for Indian Private Equity (PE) and Venture Capital (VC) fundraising, with a record ₹1.3 trillion raised across 102 funds. This set a new record for the number of funds raising capital in a single year, which prompts an exploration into the sources of this influx of capital. Economic Growth and […]
Week Ending 27th April 2024
Week ending 27th April 2024 # 1 Markets Sensex and Nifty rallied for 6 days, running on firm Asian peers but short covering and derivatives closing on Friday, resulted in a marginal correction. Sensex closed at 73730 while Nifty ended 22419. US Markets roared higher on Friday, after the latest wave of earnings overshadowed worries […]
Week Ending 20th April 2024
# 1 Markets Breaking four straight days of its losing streak due to the escalation of tensions in the Middle East, surprisingly, Indian benchmark indices climbed on Friday, with Sensex closing at 73088 and Nifty closing at 22147. However, we expect volatility to persist until the election results in June. But this geopolitical tension weighed […]
Rebuilding Rural – A key component to India’s growth
The rural economy in India is experiencing significant growth, catalysed by a convergence of significantly enhanced digital reach and strategic infrastructure development. This surge is not only reshaping the economic landscape but is also enhancing the quality of life for millions of people in rural India. Central to this growth has been expanded access to […]
Week ending 13th April 2024
Week ending 13th April 2024 # 1 Markets 1.1 Two psychological barriers were breached on the bourses last week with India’s market capitalisation reaching ₹400 lakh crore, followed in quick succession by the benchmark Sensex cresting 75,000. It has taken less than a year to add ₹100 lakh crore to market value. Jubilation did not, […]