Tech giant Google has announced that it will tie up with Aditya Birla Finance, Muthoot Finance to offer personal loans and gold-backed loans, respectively. This was announced at the 10th edition of its flagship Google for India event. Google announced that the partnership seeks to enhance credit availability in a market where conventional lending frequently … Read more
MUMBAI – Aditya Birla Capital on Tuesday said the company has invested Rs 750 crore in its wholly-owned subsidiary Aditya Birla Finance by subscribing to the share on a rights basis. “ABCL is making the investment in ABFL to meet its growth and funding requirements and improve its leverage ratio,” Aditya Birla Capital said in … Read more
Indian companies may have to spend more to raise short-term funds via commercial papers as liquidity tightens further and government borrowings of similar tenure increase, analysts said. Short-term rates, which have been edging higher since the Reserve Bank of India started raising rates last year, have already hit their highest level in over four years … Read more