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BBCNEWS Asia Business Report June 4, 2024 00:32:00

Investors are looking at a more medium term outlook rather than having a near term market impacts but it s important for emerging market investors to recognise is the first time brics are taking an international voice for themselves and it is reflective of some of the nervousness and anxiety that many brics countries have faced relative to the last few years with the coronavirus shock, the ukraine war, impact on food prices and a large hike in the federal reserve, so investors will see how this summit plays out. whether there will be an expansion in the membership or discussion of further lending by banks or if there is any scope of it, and currency, maybe not in the near future but perhaps 5 10 years down the line. ....

Market Investors , Market Impacts , Brics Which , Coronavirus Shock , Food Prices , Federal Reserve , Ukraine War ,

Jio Financial: Jio Financial lists on D-St, falls 5% on expected passive fund selling

The shares which listed earlier than anticipated fell to ₹251.75 on the BSE, giving it a market value of ₹1.6 lakh crore, after opening trade at ₹265 apiece. The company, which has multiple lines of business in finance, was spun off from Reliance Industries. ....

Bajaj Finserv , Prakar Sharma , Ravi Singhal , Reliance Industries , Jio Financial Services , Aditya Birla Capital , Jio Financial , State Bank , Jio Financial Listing , State Bank Of India ,

Current investment climate and overall banking scenario in India very good: Rajnish Kumar

The loan book is growing. The balance sheet is strong. The profit margins are good. The only thing to watch out will be that the repricing of loans has happened but the repricing of liabilities that impact will come now. ....

Rajnish Kumar , Even The State Bank , Former Chairman , State Bank , Jio Retail , Reliance Jio , Public Sector Banks , State Bank Of India , Icici Bank ,

Fintech Mobikwik Enters B2B Merchant Lending to Serve SMEs and Expand Revenue Streams

Fintech unicorn Mobikwik is gearing up to enter the business-to-business (B2B) merchant lending sector, with. ....

Upasana Taku , Chief Operating Officer , Buy Now , Pay Later , Reserve Bank , First Loss Default Guarantees ,