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Top News In Arka Fincap Today - Breaking & Trending Today
Motilal Oswal maintains a positive outlook on the Indian market despite the recent decline, recommending 10 mid-cap stocks for investors before election results. Stocks like Indian Hotels, Godrej Properties, and Sobha are expected to outperform in the long term. ....
Buy Kirloskar Oil Engines; target of Rs 1,220: Motilal Oswal moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
The NCDs with credit rating - CRISIL AA-/Positive by CRISIL Ratings offered Coupon Rate in the range of 9-10 percent per annum with quarterly and annual interest option ....
We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources, says Vimal Bhandari, executive vice-chairman and chief executive officer (CEO), Arka Fincap.
The firm, a subsidiary of Kirloskar Oil, is only five years old and small (assets of around Rs 5,000 crore with an AA rating), but the response to this float will be closely watched: It would be the first by a non-banking finance company (NBFC) after Mint Road upped the risk weights on bank exposures to them by 25 percentage points.
The move by the Reserve Bank of India (RBI) has caught NBFCs off guard even though the issue had been flagged by Governor Shaktikanta Das with their corner-room occupants (and that of banks) in July and August 2023 - on consumer credit and the dependency on bank borrowings. ....