African and Asian Cities must urbanise sustainably. Is Green Finance the solution?

The world’s fastest-expanding cities are now in the global South. Rural to urban migration, combined with the effects of urban population growth, could add another 2.5bn to the world’s urban population by 2050. According to the UN, close to 90 percent of this increase will be in Asia and Africa. At the same time, low-income countries are most affected by climate change and rarely have the means to finance resilience and adaption efforts. The cost of climate change adaptation in Africa has been estimated by the African Development Bank to be in the…

Read More

Amrapali Capital and Finance Services – Outcome of board meeting

the Board of Directors of the Company, in their Board Meeting held on today, i.e. on November 13, 2017, at the Corporate office of the Company 19, 20, 21 Narayan Chambers, 3rd Floor, Behind Patang Hotel, Ashram Road, Ahmedabad – 380 009 Gujarat, which was commenced at 02:30 P.M. and concluded at 04:00 P.M., inter alia, has considered, approved and took on record the unaudited financial result for the half year ended on September 30, 2017 along with Limited Review Report. Approved the keeping of Books of Accounts and other…

Read More

NBFC Indian School Finance plans to raise $30-35 million from PE investors

 Indian School Finance Co. Pvt. Ltd (ISFC), which lends to companies in the education sector, is looking to raise around $30-35 million (approximately Rs200-230 crore) from private equity investors, said two people aware of the development. ISFC, a non-banking financial services company (NBFC), founded in 2008, lends to schools and education institutions. It lends to private schools, affordable schools, vocational institutes and coaching classes to help them build their infrastructure such as setting up of computer and science labs, construction of additional floors or wings in existing premises or for…

Read More

Expect Gold to trade positive: Sushil Finance

Gold prices touched an over two – week low on Monday before paring  losses as chart signals helped offset pressure from a stronger dollar and  an early advance in equities. Gold prices were also under pressure from expectations that Japan’s  ultra – loose monetary policy would stay in place after Prime Minister  Shinzo Abe’s election victory at the weekend lifted the dollar to a three – month high versus the yen. Bullion is highly sensitive to rising U.S. interest rates, which lift the opportunity cost of holding non – yielding…

Read More

Sexism was pervasive in finance, says Virgin Money boss

Virgin Money boss Jayne-Anne Gadhia has told MPs that sexism was “pervasive” in the “very male culture” of finance. Ms Gadhia spoke of one example from her time at Royal Bank of Scotland when a senior woman was very upset because she was “expected to sleep with her boss”. She was speaking to MPs as part of their inquiry into women in finance. Ms Gadhia, who was at RBS from 2001 to 2007, added that the industry had improved at dealing with sexism in the workplace. Parliament’s Treasury Committee is…

Read More

Finance Minister set to make ‘major’ announcement — banks recapitalisation on cards?

Finance Minister Arun Jaitley will make a major announcement on Tuesday evening, possibly in connection with the recapitalisation plans for public sector banks, sources have told CNBC-TV18. At a press conference scheduled for 4pm, the minister is likely to decide the plan for increasing capital to the weak balance sheets of banks including United Bank of India, UCO bank, Corporation bank, Allahabad Bank, Indian Overseas Bank, and Dena Bank, among other capital starved banks as the industry suffers from a decade-low credit growth at around 6 percent. According to sources, the minister may announce recap bonds (not…

Read More

How The Points Guy became the finance industry’s best content marketing channel

Content marketing is hot in finance, but it’s a blog about airport lounge access rules and retired airliners that’s become the industry’s favorite way to go to market. It’s called The Points Guy, a blog started by a former Morgan Stanley recruiter when he started flying all over the country looking for new talent. Fast forward seven years and the blog, known as TPG among loyalists, is read by a healthy few million a month — and has become the favorite content marketing channel for big banks. The site is…

Read More

How to Check Your Financial Health and How to Decide When to Start Investing?

Saving your money and investing it smartly is the key to building wealth. All you need to know is a few basics, then develop a plan, and stick to it. Even when you start with a small amount, you may be able to take advantage of several investment opportunities. Here are three ways in which you may check your financial health and make changes as required. Check for contingency reserves Have you considered how you would meet your monthly expenses if you lose your regular source of income? This is…

Read More

Know the difference between Mortgage Loan and Home Loan

We all are familiar with the concept of home loan. However, not all of us are used to the concept of mortgage loan and what all it covers! There is a very thin line between home loan and mortgage loan, and thus, the confusion prevails! Let us unfold the concepts of mortgage and home loans. Mortgage Loans It is the type of loan where the applicant has to provide property or some other real estate piece as a collateral to acquire the loan amount. It is nothing but a lien…

Read More

Economics and finance as a career for science and tech students

The post-2008 crash business world has taken a quantitative turn, focused on data driven and analytics led search for uncovering complex feedbacks that operate in the highly networked economy. The modern economy is a network of multiple markets that connects individuals, small businesses, banks, corporations and governments. Understanding the architecture of the network and how feedbacks operate between these entities has become imperative for businesses. Since consumer choice is both informed and shaped by peer networks, understanding how feedbacks operate in this network of opinions and a perception has become…

Read More