May 16, 2024
Home State Bank of India
Investment

GQG, SBI funds eye investments in Vodafone Idea $2.16 billion share sale, sources say

  • April 12, 2024

By M. Sriram MUMBAI (Reuters) – Investment firm GQG Partners and State Bank of India Mutual Fund are considering investing up to $800 million in total in a $2.16 billion share offering of Indian telecom firm Vodafone Idea, according to two people familiar with the matter. U.S.-based GQG, run by India-born executive Rajiv Jain, plans

Read More
Loans

Rising home loan interest rates have made it harder for first-time homebuyers to save up for the down payment, says Anuj Sharma of IMGC

  • February 26, 2024

Increasing home loan interest rates in India have had repercussions on the demand for such loans. They have augmented borrowing costs, resulting in higher monthly interest payments for borrowers. Consequently, this has decreased affordability and reduced loan eligibility for prospective borrowers, especially first-time homebuyers. “It is advisable to choose a property that fits one’s budget

Read More