Warburg Pincus-owned mortgage lender Truhome Finance has raised $100 million in external commercial borrowing from DBS Bank and Sumitomo Mitsui Banking Corporation (SMBC).
Asian markets followed Wall Street higher after the US Federal Reserve lowered interest rates. Fed Chair Jerome Powell indicated confidence in the US economy’s future.
Pension regulator PFRDA has revised investment rules, allowing private pension funds to invest in the top 250 market-cap stocks and gold/silver ETFs for better returns.
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