Finance

In finance, what is the greater fool theory?

This refers to a theory of asset pricing which states that the price of any financial asset is determined purely by what its buyers are willing to pay for it. In other words, the price of an asset has nothing to do with its underlying fundamental value but depends only on the emotions of buyers. The greater fool theory is ... Read More »

China online finance regulator tells unqualified micro-lenders to stop lending

BEIJING (Reuters) – The National Internet Finance Association of China issued a risk warning letter late on Friday telling “unqualified institutions” to immediately stop offering loans as Beijing steps up a crackdown on the micro-loan sector to fend off financial risks. The 1 trillion yuan ($151.5 billion) short-term, unsecured lending sector, known as “cash loan” in China, has been accused ... Read More »

Cabinet approves new finance panel

Fifteenth Finance Commission will have its task cut out following GST roll-out The Cabinet on Wednesday set the ball rolling for the constitution of the Fifteenth Finance Commission, which will decide the devolution formula for revenue-sharing between the Centre and States from the year 2020 till 2025. The Commission, whose members and terms of reference will be notified soon, will ... Read More »

Bain may partially exit L&T Finance; debt-laden Binani Cements attracts 15 suitors

Private equity giant Bain Capital Partners is looking to partially exit L&T Finance Holdings Ltd through a block deal, a business daily reported Quoting an unnamed person, The Economic Times said that Bain Capital will sell a 2.12% stake for Rs 750 crore. “Bain Capital has given the mandate to Citibank to sell a 2.12% stake in L&T Finance at Rs 180-185 ... Read More »

The most effective method to Increase Business Productive

One incredible approach to build business profitability is to buy programming with a specific end goal to computerize things. The more business forms that are computerized, additional time will be spared. This sort of programming additionally enables individuals to remain composed Business Productive.   Making a calendar and adhering to that timetable is another fantastic approach to expand profitability. Individuals ... Read More »

The Most Common Branding Mistakes to Avoid

When you build up your business, you will need to begin branding it with the goal that you can set up an association between the business and people in general. When you are branding your business, you have to stay away from these regular mistakes that can wind up hurting your business as opposed to building up it with people ... Read More »

Donald Trump brings tough trade message in vision for Asia

Donald Trump says the US is ready to make a bilateral deal with any country in the India-Pacific region, but only on the basis of ‘mutual respect and mutual benefit’. Photo: AFP Danang, Vietnam: US President Donald Trump set out a strong message on trade at a meeting of Asia-Pacific countries in Vietnam on Friday, saying the United States could no ... Read More »

Govt plans lending reforms as bankers fear new bad debt crisis

India’s near $147 billion pile of soured loans is replete with examples of powerful and politically connected businesses who are accused of undermining rules to secure credit and then defaulting on loans. Photo: Mint New Delhi: Weeks after India unveiled a $32 billion bailout of state-run banks, top finance ministry officials and bankers will meet this weekend to discuss lending reforms ... Read More »

SBI ties up with Escorts to finance farmers for purchase of tractors

MUMBAI, OCT 23:   State Bank of India (SBI) on Monday said it has signed an agreement with Escorts Limited to finance farmers for purchase of Escorts Tractors. The aim of the tie-up with Escorts Limited is to promote, market and make accessible, organized finance facility at competitive interest rates to farmers, who wish purchase POWERTRAC and FARMTRAC Tractors manufactured by ... Read More »

Home Credit Finance India looks to grow white goods financing

The company, which has its roots in Prague, is aiming a credit portfolio of Rs 4000 crore by December 2017, as against Rs 1570 crore at the end of December 2016. Non-bank lender Home Credit India Finance, predominantly a mobile handset financier, is now looking to finance more TV sets and washing machines to grow its footprints in India. The lender ... Read More »