Day: February 23, 2023

Rupee trades in narrow range against US dollar in early tradeRupee trades in narrow range against US dollar in early trade

The rupee witnessed range-bound trading against the US dollar in early trade on Monday, weighed down by a negative trend in domestic equities, elevated crude oil prices and strong American currency. At the interbank foreign exchange, the rupee opened at 83.09 against the dollar, registering a rise of 7 paise over its previous close. The […]

Muthoot Finance to raise up to Rs 1,000 crore via NCDsMuthoot Finance to raise up to Rs 1,000 crore via NCDs

Gold loan focused non-bank lender Muthoot Finance on Tuesday said it will raise up to Rs 1,000 crore through a public issue of secured, redeemable non-convertible debentures. The fresh non-convertible debentures (NCDs), which is the 33rd public issue of the largest gold loan financier with over Rs 60,000 crore of loan outstanding, has a base […]