Tag: Credit

ICRA predicts moderate credit flow in FY25, bond issuance likely to rise to Rs 10.6 lakh crore

 stock analyst  05/07/2024  0 Comments on ICRA predicts moderate credit flow in FY25, bond issuance likely to rise to Rs 10.6 lakh crore

The incremental credit flow was also supported by the all-time high corporate bond issuances of Rs. 10.2 lakh crore in FY2024, resulting in the stock of corporate bonds outstanding rising to an estimated Rs. 46 lakh crore as on March 31, 2024, from Rs. 43.1 lakh crore as on March 31, 2023.

Ex-Reliance Industries CFO joins Modulus as equity partner

 stock analyst  04/15/2024  0 Comments on Ex-Reliance Industries CFO joins Modulus as equity partner

He will enter with 17.3% equity stake, which is set to increase over a period of time. Modulus is raising its second fund, targeting growth in the Indian private credit market, projected to be a $100-billion opportunity.

Citi Q1 Results: Profit drops as costs rise for employee severance, deposit insurance

 stock analyst  04/13/2024  0 Comments on Citi Q1 Results: Profit drops as costs rise for employee severance, deposit insurance

Citigroup\’s profit fell in the first quarter as it spent more on severance payments for laid-off employees and set aside money to refill a government deposit insurance fund.