Articles

  • 3 weeks ago | bloomberg.com | Bhaskar Dutta |Anup Roy

    The logo for Reserve Bank of India (RBI) at the central bank's headquarters building in Mumbai, India, on Friday, Feb. 7, 2025. India's new central bank governor cut interest rates for the first time in almost five years to help spur a slowing economy as global risks intensify.

  • 1 month ago | bloomberg.com | Ashutosh Joshi |Bhaskar Dutta

    The Bombay Stock Exchange in Mumbai. (Bloomberg) -- Stocks and bonds tumbled in India, as traders braced for a potential worsening of the geopolitical situation with neighboring Pakistan. Indian shares were the worst performers in Asia on Friday, while the rupee and the nation’s bonds also slid, indicating growing angst among traders over any further ramping up of tensions between the two nuclear-armed nations.

  • 1 month ago | bloomberg.com | Saikat Das |Bhaskar Dutta

    The JPMorgan Chase & Co. headquarters in New York. Photographer: Michael Nagle/Bloomberg(Bloomberg) -- JPMorgan Chase & Co. elevated two key India executives as managing directors. Manish Jain, head of markets, currencies and emerging markets, and Rajiv Warrier, who oversees corporate sales and payments for the bank, were promoted this week, a bank spokesperson confirmed in response to Bloomberg queries. They have been with JPMorgan since 2007 and 2010, respectively.

  • 2 months ago | business-standard.com | Bhaskar Dutta |Saikat Das

    Shriram Finance Ltd., one of the largest shadow lenders in India, is seeking to join a select group of entities which underwrite government debt, according to people familiar with the matter. The consumer loan provider has sought the Reserve Bank of India's approval to set up a primary dealership, for which it plans to launch a separate entity, the people said, asking not to be identified as the discussions are private.

  • 2 months ago | bloomberg.com | Bhaskar Dutta |Saikat Das

    Shriram Finance Ltd., one of the largest shadow lenders in India, is seeking to join a select group of entities which underwrite government debt, according to people familiar with the matter. The consumer loan provider has sought the Reserve Bank of India’s approval to set up a primary dealership, for which it plans to launch a separate entity, the people said, asking not to be identified as the discussions are private.

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