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 …
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 …
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 …
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, …
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 …
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 …
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 …
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 …
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SIP (Systematic Investment Plan) is one of the most considered tools by mutual fund companies to receive the investments and pay out the dividends. Be it senior citizens or youngsters; this investment plan provides benefits to all age groups. So, here are some of the features of SIP Mutual Fund. Remember your childhood days when you used to save small …