Workflow
Foreign Direct Investment
icon
Search documents
FDI flow in banking sector declines from $898 mn in FY23 to $115 mn in FY25
The Economic Times· 2026-02-10 10:46
Total FDI inflow includes equity inflow, equity capital of unincorporated bodies, re-invested earnings, and other capital, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Rajya Sabha.FDI is considered as a major source of non-debt financial resource for the economic development, he said.He further said, FDI flows into India have grown consistently since liberalization and are an important component of foreign capital since FDI infuses long term sustainable capital in the econo ...
On the Ground Diligence for the Sierra Leone Citizenship by Investment
The Wandering Investor· 2026-02-07 11:06
Group 1: Overview of Sierra Leone's Citizenship by Investment Program - The Sierra Leone Citizenship by Investment program offers a flexible and affordable pathway to citizenship, with a base price of $140,000 for the main applicant and discounts available for applicants of African descent [62][66] - The program allows for the inclusion of family members and business partners, making it one of the most affordable options globally for citizenship by investment [6][62] - The program is designed to attract high net worth individuals, providing them with opportunities to invest in a country with significant growth potential and low GDP per capita [46][47] Group 2: Economic and Investment Opportunities - Sierra Leone is focusing on sectors such as agriculture, infrastructure development, energy, and tourism to attract foreign direct investment [45][46] - The government is actively working to create a conducive environment for investors, including the establishment of the National Investment Board to facilitate investment processes [49][50] - The country offers unique opportunities for eco-tourism, with government support for developing eco-lodges and related infrastructure [52][55] Group 3: Banking and Financial Environment - Sierra Leone's banking sector is characterized by a focus on cash transactions, with no capital controls for local entities, making it easier for investors to manage their finances [26][33] - The banking system allows for efficient online banking services, enabling easy transfers and conversions without significant bureaucratic hurdles [31][33] - The country has not signed up for the Common Reporting Standard (CRS), providing a level of privacy for banking clients [26] Group 4: Political Stability and Governance - Sierra Leone is noted for its democratic stability, having undergone peaceful transitions of power, which enhances its attractiveness for foreign investment [22][39] - The government is committed to reforming immigration and investment laws to create a more favorable business environment [22][39] - The country has a strong emphasis on religious tolerance, which contributes to its social stability and peaceful coexistence among diverse communities [56][59] Group 5: Benefits of ECOWAS Membership - Citizenship in Sierra Leone provides access to the Economic Community of West African States (ECOWAS), allowing for easier travel and residence in 12 other West African countries [76][77] - This access simplifies the process for investors looking to expand their operations across the region, enhancing the overall value of Sierra Leonean citizenship [76][78] Group 6: Support for Investors - The Sierra Leone Citizenship by Investment program includes comprehensive support for new citizens, facilitating connections with government officials and providing assistance in navigating the investment landscape [70][72] - The program aims to remove bureaucratic obstacles, making it easier for investors to establish businesses and contribute to the local economy [74][75] - New citizens receive a free company setup and banking services, streamlining the investment process [70][72]
MUFG to acquire 20% stake in Shriram Finance for ₹39,618 crore
BusinessLine· 2025-12-19 07:16
Core Insights - Shriram Finance Limited (SFL) has approved a significant investment of ₹39,618 crore (USD 4.4 billion) from MUFG Bank, resulting in MUFG acquiring a 20% stake in SFL, which is India's second-largest retail Non-Banking Financial Company (NBFC) by assets under management (AUM) [1][2] Investment Details - This investment represents the largest Foreign Direct Investment (FDI) in a financial services company in India and MUFG's largest investment in the country [2] - SFL's AUM exceeds ₹2.81 lakh crore, indicating a strong financial position [2] Strategic Collaboration - The collaboration is expected to enhance SFL's access to low-cost liabilities, strengthen its credit ratings, and align its governance and operational practices with global standards [4] - The fund infusion will significantly improve SFL's capital adequacy, strengthen its balance sheet, and provide long-term growth capital [5] Growth Vision - Umesh Revankar, Executive Vice Chairman of SFL, emphasized that this transaction marks a pivotal moment in SFL's growth journey, highlighting MUFG's extensive international network and commitment to financial inclusion [7] - The entry of MUFG as a key investor is seen as a reinforcement of global confidence in India's financial services sector and SFL's leadership role within it [8] Economic Impact - Hironori Kamezawa, Group CEO of Mitsubishi UFJ Financial Group, stated that MUFG and SFL share a common vision for future growth and economic development in India [8] - MUFG has a legacy of over 130 years in India, having invested USD 1.7 billion and created approximately 5,000 jobs, showcasing its long-term commitment to the Indian market [9]
X @Bloomberg
Bloomberg· 2025-12-11 11:20
The European Union reached a preliminary agreement to strengthen its screening of foreign direct investments, the latest move meant to help shield the local economy from China and the US https://t.co/KoPlnhD4QQ ...
X @Bloomberg
Bloomberg· 2025-11-27 17:06
Foreign direct investment into Canada fell in the third quarter, reaching the lowest level in a year and a half https://t.co/wKVdKaHDRM ...
Standard Chartered CFO: Globalization Is ‘Alive and Well’
Bloomberg Television· 2025-11-20 10:55
At a time when trade wars and geopolitical volatility often dominate the headlines, Standard Chartered Leadership rejects the premise that globalization is in decline. I don't buy the narrative of globalization. I think that globalization is alive and well.It's just that it's different. It's it's not diminished. It moves in different ways.It's getting more complicated for people to connect. Yes, the desire to connect is greater than ever. And in fact, the desire to create new connections is greater than eve ...
How Ireland Got One of the Highest GDPs Per Capita
Bloomberg Originals· 2025-11-18 17:00
30 years ago, all of this was just a disused dockyard. You had rusty cranes, empty warehouses. Ireland's economy was was really struggling.There was massive unemployment. Young people were leaving in their droves to try and find jobs elsewhere. And then the government decided to take a massive gamble, which wasn't uncontroversial at the time.They slashed the corporate tax rate to 12 and a half% which is way lower than you find in other developed countries. And it worked. That tax cut along with a suite of g ...
Trump To Sell F-35 To Saudi; Africa Business Summit | Horizons Middle East & Africa 11/18/2025
Bloomberg Television· 2025-11-18 09:54
>> A GLOBAL SELLOFF IN STOCKS EXTENDING TO A FOURTH DAY AS INVESTORS SHIFT AWAY FROM RISKIER ASSETS AMID LINGERING UNCERTAINTY. DONALD TRUMP SAYS HE WOULD APPROVE THE SALE OF F-35 FIGHTER JETS TO SAUDI ARABIA, A MOVE THAT COULD POTENTIALLY ALTER THE MILITARY BALANCE IN THE MIDDLE EAST. AND WE ARE AT BLOOMBERG'S INAUGURAL AFRICA BUSINESS SUMMIT IN JOHANNESBURG.JOINING US, EGYPT'S MINISTER OF INVESTMENT IN FOREIGN TRADE AND THE CEO AND MANAGING DIRECTOR FOR SUB-SAHARAN AFRICA AT LOGISTICS GIANT DP WORLD. I AM ...
FDI clearance has been received for the directed share issue of 900,000 shares to ENDI Corp
Globenewswire· 2025-11-11 20:00
Core Points - Stockwik Förvaltning AB announced a directed share issue of 900,000 shares to ENDI Corp at a subscription price of SEK 23 per share, contingent upon obtaining FDI Clearance [1] - The gross proceeds from the share issue will amount to SEK 20.7 million, with the share capital increasing from SEK 3,155,520.57 to SEK 3,605,520.58 [2] - Key board members will sell approximately 14.1% of the total shares to ENDI Corp and others at the same price as the subscription price in the share issue [3] Company Information - Stockwik provides a stable platform for small businesses to grow organically and through acquisitions, offering value-adding products and services to corporate customers [5]
The 500% market mystery: Is another wave of mergers fuelling the PSU bank stock rally?
MINT· 2025-11-11 11:30
Core Insights - George Soros, a renowned investor, has a history of identifying investment opportunities in the banking sector, as demonstrated in the 1970s when he capitalized on the transformation of banking stocks, achieving a 50% return in a short period [1][4] - The Indian banking sector is currently attracting significant foreign investment, with major global players acquiring controlling stakes, indicating strong long-term confidence in the sector's potential [5][6] Investment Activity - Emirates NBD's acquisition of a majority stake in RBL Bank for ₹26,850 crore (approximately $3 billion) marks the largest foreign direct investment in the Indian banking sector [6] - Sumitomo Mitsui Banking Corp acquired a 24.2% stake in Yes Bank for ₹16,333 crore, while Blackstone invested ₹6,196 crore ($705 million) for a 9.9% stake in Federal Bank [7] - Warburg Pincus and Abu Dhabi Investment Authority (ADIA) committed up to ₹7,500 crore ($877 million) in IDFC First Bank for a combined 15% stake [7] Market Dynamics - Factors driving renewed global interest in India's banking sector include macroeconomic stability, robust GDP growth, and improving financial inclusion metrics [9] - Ongoing reforms, such as the adoption of expected credit loss (ECL) provisioning norms and accelerated digital transformation, are enhancing governance and operational efficiency [10] Regulatory Environment - The Reserve Bank of India (RBI) has allowed foreign investors to purchase up to 74% in banks, with certain relaxations for strategic investments, although voting rights remain capped at 26% [12] - Recent regulatory relaxations, including a reduction in risk weights on bank lending to non-bank financial companies (NBFCs) and a cut in the cash reserve ratio, are expected to boost liquidity and credit growth [19][20] Public Sector Banks (PSBs) Performance - The Nifty PSU Bank index has surged nearly 500% over the past five years, significantly outperforming the benchmark Nifty 50 index [23] - PSBs have improved their operating metrics, transitioning from an aggregate loss of ₹26,000 crore in FY20 to a profit of ₹1.7 trillion in FY25 [27] - PSBs have regained credit market share, achieving a loan growth rate of 12% compared to 10% for private banks, driven by retail and MSME portfolios [28] Future Outlook - Analysts expect PSBs to deliver a loan CAGR of 10-12% in FY26E, with a stable market share decline projected over FY26-28 [31] - The improvement in asset quality, with gross non-performing assets (NPAs) reducing to 2.8% in FY25, positions PSBs favorably for future growth [32] - Speculation around the consolidation of smaller PSBs into larger ones could enhance operational efficiency and growth potential [39][41]