The global technology consulting and digital solutions company secures contract extension to enhance Nexi’s core platforms and infrastructure
1 Days Ago
The Fintech startup raises funding led by Unicorn India Ventures
1 Days Ago
CCI imposes a monetary penalty on Meta in relation to 2021 Privacy Policy Update
2 Days Ago
The country’s largest bank empowers entrepreneurs through Jagriti Yatra 2024 to Drive India’s Vision of a ‘Viksit Bharat’
3 Days Ago
Subsidiary Sammaan Finserve reoriented as Affordable Housing Financier
Nov 16, 2024
For FY25, the trade deficit is estimated at USD 268 bn, higher than USD 245 bn in FY24. CAD/GDP is estimated at 1.1% for FY25
Nov 15, 2024
JNPA will be the highest capacity port by December 2024, says Mr Unmesh Sharad Wagh, IRS, Chairman, Jawaharlal Nehru Port Authority (JNPA) at CII Mumbai International Week Session
Nov 14, 2024
The leading force in the global technology landscape has just released its impressive financial results for the quarter ending September 30, 2024 with 27.64% EBITDA & 10.66% PAT Increase Y-O-Y
Nov 14, 2024
Tira redefines beauty retail in India with its largest store, offering an unmatched retail experience of the most prestigious global luxury brands, and signature services,
Nov 14, 2024
The Panel discussion , themed "Mumbai Through Different Lenses," brought together eminent personalities from the fields of business, government, and art, highlighting Mumbai's rich cultural fabric and its pivotal role in India’s socio-economic future
Nov 13, 2024
India’s first listed AI- powered tech and fintech company forays Into Business Productivity Software- RediffOne, a complete suite for enterprise solutions, to be released by end of this fiscal year
Nov 12, 2024
The Wealth Index’ will Unveil Investment Behaviours of India’s Wealthy
Nov 12, 2024
The UBS India Summit, a cornerstone industrial conference in India for over 20 years, is taking place this year for the first time following the integration of UBS and Credit Suisse.
Nov 12, 2024
AWS will support Comviva in building a cloud-first, AI-driven business strategy to achieve faster time to market and drive non-linear revenue growth
Nov 11, 2024
NPCI launches brand campaign to engage and inspire audiences nationwide
Nov 11, 2024
Though foreign investors show interest in Indian bonds, volatility in US yields may continue to influence inflows
Nov 07, 2024
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Nov 07, 2024
By using a KYC Identifier from the CKYCR, REs minimize the need for customers to repeatedly submit sensitive documents
Nov 07, 2024
The RE shall seek the KYC Identifier from the customer or retrieve the KYC Identifier, if available, from the CKYCR and proceed to obtain KYC records online by using such KYC Identifier and shall not require a customer to submit the same KYC records or information or any other additional identification documents or details
Nov 06, 2024
The Nexus Scheme Organisation (NSO) will manage the Project Nexus in its live implementation stages in Singapore
Nov 06, 2024
Happiest Minds serves over sixty-five Billion-Dollar corporations globally, continuously enhancing its digital workplace services to foster improved employee experiences and operational efficiency for mid-market enterprises.
Nov 05, 2024
One out of every third Magnet users is below the age of 25
Nov 05, 2024
QubeHealth is a healthcare payments company integrating payments infrastructure, financing, and insurance
Nov 05, 2024
The report finds that economic growth and building resilience to climate change go hand-in-hand, estimating that a 10% increase in GDP per capita will reduce the number of people who are most vulnerable by about 100 million; 1.2 Billion People at High Risk from Climate Change Worldwide
Nov 02, 2024
During the course of investigation, it was revealed that the accused company Surya Pharmaceuticals and its Directors/Promotors Rajiv Goyal and Alka Goyal had caused wrongful loss worth Rs.828.50 Crore to the Consortium of banks led by the State Bank of India (SBI) and obtained illegitimate gain to themselves by way of criminal activities
Oct 30, 2024
ED initiated investigation on the basis of FIR registered by M/s. Viacom18 Media Pvt Limited with Nodal Cyber Police, Mumbai against M/s. Fairplay Sport LLC and others for causing loss of revenue of more than Rs.100 Crore (Proceeds of Crime)
Oct 30, 2024
CBI files chargesheet against 5 accused
Oct 29, 2024
The proceeds from the fresh issue to the extent of Rs 7,500 crore will be used for investment in its wholly owned Subsidiary, NTPC Renewable Energy Limited (NREL) for repayment/ prepayment, in full or in part of certain outstanding borrowings availed by NREL; and general corporate purposes.
Oct 29, 2024
Robust Net worth of Rs. 11,070 cr as of September 30, 2024 up 48% YoY
Oct 28, 2024
Aditya Birla Sun Life AMC’s Profit after Tax at Rs. 2.4 bn; up by 36% Y-o-Y
Oct 28, 2024
The FIR alleges that these individuals have engaged in selling counterfeit tickets and drastically inflating prices, taking advantage of the high demand for these coveted concerts.
Oct 27, 2024
NPA Provision Coverage Ratio (PCR) at 70.0% v/s. 56.4% in Q2FY24 and 67.6% in Q1FY25
Oct 26, 2024
India's M&A Deal Value Surges 66% in 2024, It has outpaced global growth of 10% as India's total M&A activity reaches $1.6 Trillion
Oct 26, 2024
DRI Foils Gold Smuggling Attempt
Oct 25, 2024
The lender's Q2 FY25 PAT up 30% YoY, at Rs 937 crore
Oct 25, 2024
Mukesh Ambani: Our first principle is what you are driving is the knowledge revolution, converting into the international, into what I call the intelligence revolution. And that drives prosperity across the world for all the 8 billion people. And I think that what we are at the doorsteps of is the new intelligence age
Oct 24, 2024
Approximately Rs26876 crores are stuck in delayed payments; Invoicing is an unlimited free feature on the Tide app
Oct 24, 2024
TATA AIG targets accelerated growth in health insurance with launch of innovative riders, including industry-first comprehensive preventive mental health coverage
Oct 23, 2024
The IPO with a face value of Rs10 each is a mix of fresh issuance of Rs 800 crore and an offer for sale of up to Rs 320 crore
Oct 22, 2024
94% of Indian travelers are willing to spend more for a convenient and enjoyable travel experience
Oct 22, 2024
Capital Adequacy at 18.8% with Tier-1 CRAR of 17.8%. Strong liquidity with LCR of 261%
Oct 21, 2024
The prominent real estate developer specializing in the South Central Mumbai market, secures the amount via preferential allotment of equity shares amounting to Rs243 crores and an additional sum of Rs100 Crores via the issue of convertible share warrants
Oct 21, 2024
RBI's annual survey on computer software and information technology enabled services (ITES) exports
Oct 19, 2024
Free Bone Scans Across 46 Cities to Promote Early Detection and Preventive Care
Oct 19, 2024
The company's AUM at Rs10,112 crore, is up 6% Q/Q from Rs9,565 crore in Q1 FY25
Oct 18, 2024
Operating cash flows at 132.3% of net income.
Oct 18, 2024
India Mobile Congress 2024
Oct 17, 2024
Price Band fixed at Rs1,427 per equity share to Rs1,503 per equity share of the face value of Rs10 each
Oct 16, 2024
BharatPe Group records 39% growth in revenue from operations in FY24; Cash burn reduced by 85% YoY
Oct 16, 2024
One of the most preferred choices of individual investors, with a market share of 13.2% of the individual monthly average AUM for September 2024
Oct 16, 2024
The IPO, with a face value of Rs 10 per equity share, is entirely an offer for sale of up to 984.46 million equity shares by Sagility B.V, the Promoter Selling Shareholder.
Oct 15, 2024
Axis Bank Reinforces its Leadership in Digital Payments
Oct 14, 2024
Tata Consultancy Services' biggest vertical BFSI showed signs of recovery
Oct 13, 2024
Non-financial companies accounted for nearly 90 per cent of the FDI equity at face value
Oct 12, 2024
Searches were conducted by CBI at residential and official premises of accused person at Jalgaon and Nashik which led to recovery of incriminating documents
Oct 11, 2024
On World Mental Health Day, it's essential to acknowledge the increasing significance of mental well-being in our professional lives.
Oct 10, 2024
The Manufacturer of Leading diaper brand Bumtum, raises the capital in Private Placement Round from Bharat Value Fund (BVF) by Pantomath Capital
Oct 10, 2024
A ‘compliance first’ culture, a strong risk management framework and strict adherence to fair practices code coupled with sincere approach to customer grievances is the clear prescription from the regulator to the NBFCs; Neutral stance allows MPC to be nimble in its rate action
Oct 09, 2024
Reserve Bank Climate Risk Information System (RB-CRIS)m Created
Oct 09, 2024
Foreign and Domestic Institutions who participated in the anchor were AG DYNAMIC FUNDS LIMITED, TRUST MUTUAL FUND – TRUST MF FLEXI CAP FUND, MAYBANK SECURITIES PTE LIMITED, NORTH STAR OPPORTUNITIES FUND VCC, RESONANCE OPPORTUNITIES FUND, BRIDGE INDIA FUND, COGNIZANT CAPITAL DYNAMIC OPPORTUNITIES FUND.
Oct 08, 2024
The Central Government has re-appointed Shri M. Rajeshwar Rao as Deputy Governor, Reserve Bank of India for a period of one year with effect from October 09, 2024
Oct 07, 2024
CBI had registered a case on 28.09.2005 on the written complaint from AGM, UCO Bank, RO, Lucknow against accused including the convicted accused namely K.K. Mehta, then Assistant Manager, Vijay Kumar, then Manager of UCO Bank, IT College Branch, Lucknow and others
Oct 07, 2024
Green loans up by 92.68% to Rs11,297 crore
Oct 05, 2024
BOI’s digital Initiative and BOI Mobile Omni Neo app shall also help the Coal India personnel at remote areas to stay connected and get easy access to bouquet of Financial Solutions.
Oct 04, 2024
The New Deferred Annuity Plan will help Indians secure Guaranteed Income during their golden years
Oct 04, 2024
Alarming Truth on Data Privacy and Security Claims Report by Silence Laboratories
Oct 03, 2024
It is alleged in the FIR that unknown persons forging the documents and identities had opened bank accounts and used them to deposit demonetized bank notes which was subsequently transferred to their actual entities through multiple layering
Oct 03, 2024
Amitabh Kant lauds IBC for helping India jump 79 positions from 142 in 2014 to 63 in 2016 in World bank's Ease of doing business Index
Oct 03, 2024
The responsibility of investment advisory services/research services lies solely with the IA/ RA, irrespective of the scale and scenario of IA/ RA using AI tools; As per the review of the performance of the Beta version of optional T+0 settlement cycle by SEBI Board, the number of scrips eligible for trading under optional T+0 settlement will now be increased in a phased manner from the 25 to top 500 in terms of market capitalization
Oct 01, 2024
Capital markets to remain attractive even as securitisation, FCB gaining traction
Sep 30, 2024
78% of Indians aware of health problems linked to heart ailments
Sep 30, 2024
PropShare Platina comprises 246,935 sf of office space in Prestige Tech Platina, a LEED Gold office building located on Outer Ring Road (ORR), Bangalore
Sep 28, 2024
Simplify Global Travel with this prepaid card that can be loaded with USD, EUR, GBP, AED, CAD, and SGD
Sep 27, 2024
This recognition underscores LTTS’ unyielding commitment to excellence and innovation in embedded engineering across segments like Mobility, Tech and Sustainability.
Sep 26, 2024
SIDBI Recorded highest-ever net profit of Rs4,026 crore, a 20% increase y/y
Sep 25, 2024
Total Issue Size – 37,76,000 Equity Shares of Rs10 each, Issue Size – Rs22.66 Crore - Rs24.17 Crore, Price Band – Rs60 - Rs64 Per Share
Sep 25, 2024
The partnership between PayMate and De’Xandra aims to accelerate growth for Malaysian SMEs through innovative B2B payment solutions
Sep 25, 2024
11 more companies join the Rise Ahead Pledge, a Schwab Foundation initiative to address the $1.125 trillion funding need of the world’s 10 million social innovators.
Sep 24, 2024
Collaboration is to Launch Investment Offerings Powered by IBM watsonx
Sep 24, 2024
Mr. CS Setty’s visit to Hyderabad was also marked with the inauguration of vigilance workshop at Hyderabad’s State Bank Staff College as well as motivational address to branch managers of Hyderabad & Secunderabad zones I
Sep 24, 2024
Users can earn up to 2x CheQ Chips during this period. Chips can be used to redeem crazy big billion-day sale vouchers
Sep 23, 2024
Technological advancement and green energy will play a pivotal role. Higher economic activities will generate credit opportunities
Sep 22, 2024
ACL has not taken any new assignments as a merchant banker, arranger or underwriter for any issue / offer for sale of securities in the debt segment in over a year
Sep 21, 2024
The Scheme will come into force with effect from September 23, 2024
Sep 20, 2024
Signed SCA with AWS delivers performance and scalability for modern data workloads like Generative AI
Sep 20, 2024
These actions on 3 coop banks are based on deficiencies in regulatory compliance
Sep 19, 2024
The Partnership is to Expand Reach and Streamline Access to Insurance Across India
Sep 19, 2024
There are 120 thematic funds and 65 sectoral funds in all at present. The compound annualized returns on thematic funds are 46.06 per cent for 1-year, 21.29 per cent for 3-years, 24.07 per cent for 5-years and 16.85 per cent for 7-years
Sep 18, 2024
The price band set at ?114/- to ?120/- per Equity Share
Sep 18, 2024
Toll-free Helpline (14434) has been set up to Provide Information and Guide Registration
Sep 17, 2024
School Diary is set to digitise 10 international schools in Sri Lanka and add 21000+ students to its platform
Sep 16, 2024
Import of Veg Oil in July ’24 – Down by 16% and From Nov. ’23 – Aug.’24 – Down by 3%
Sep 16, 2024
Venttup aims to boost its revenue 5x in 12 months by securing at least 50 new clients, including Fortune 500 companies, and expanding into high-growth markets like MENA
Sep 16, 2024
ED has frozen PoC of Rs 2.8 Crore in the bank account of a shell company Cyberforest Technology Private Limited; One of the arrested persons was in contact with Chinese cyber fraudsters for siphoning off the amount of Rs.2.8 Crore
Sep 14, 2024
During the course of ED investigation, evidences have been found which unravel the modus identified in the front running scam. In this case, Viresh Joshi was allegedly sharing market-sensitive information in return for kickbacks from brokers having terminal in Dubai who could execute trade on his instructions
Sep 12, 2024
Farmer’s City is also preparing to launch new retail stores in Haryana, Uttar Pradesh, and Gujarat.
Sep 12, 2024
Encouraging India towards an API-driven Compliance System,
Sep 12, 2024
An initiative aimed to educate consumers on the latest technologies and smarter devices powered by MediaTek
Sep 11, 2024
Century Textiles and Industries plans to develop the land through its real estate subsidiary, Birla Estates
Sep 11, 2024
Mutual Fund Industry’s Net AUM stands at Rs 66,70,305.14 crores for the month of August 2024. AUM for the month of July 2024 was Rs 64,96,653.14 crores
Sep 10, 2024
Experian India has unveiled a new white paper titled "Small is BIG: How Fintechs are Revolutionising Lending"
Sep 10, 2024
Magma HDI has introduced two new add-ons for its private car customers Zero Excess Add-On and Car Spa Add-On.
Sep 09, 2024
Integro has been named a Category Leader in Collateral Management System, Limits Management System, Loan Management Systems, Loan Origination Systems and Private and Non-bank Credit Systems
Sep 09, 2024
Amber Dalal is accused of taking money from investors through a suspected Ponzi scheme by promising high returns and then absconded with their money after giving initial returns
Sep 07, 2024
An early Diwali Gift to shareholders in RIL’s all-round value creation tradition
Sep 05, 2024
Ranveer Singh has also emerged as a dynamic entrepreneur with his foresight, acumen and ability to push the envelope with strategic partnerships and investments.
Sep 05, 2024
FSS CMS is equipped with advanced fraud detection mechanisms
Sep 04, 2024
The AMC now has 46 lakh active folios across all products
Aug 28, 2024
BharatPe Rebrands postpe app to BharatPe
Aug 28, 2024
GIFT City based platform, VTX operates under the regulatory supervision of the International Financial Services Centre Authority (IFSCA) and has established itself as an efficient digital platform to connect exporters and importers, facilitating access to cross-border trade finance products.
Aug 27, 2024
Partnership with Newtap Finance is to Offer Personalised Financing Solutions for Affluent Individuals on CRED
Aug 27, 2024
Leaders Should Examine Technologies with Transformational Potential for Their Business
Aug 26, 2024
Acquisitions to slow down while redemptions remain healthy
Aug 26, 2024
ED provisionally attached properties worth Rs19.39 Crore in the form of bank balances and fixed deposits belonging to various entities connected with Instant Loan Apps cases; ED initiated investigation on the basis of 43 FIRs registered by the Cyber Crime Police Station, Cyberabad and Rachakonda in Telangana against various mobile applications and mobile numbers associated with various Fintech companies and NBFCs
Aug 25, 2024
This outcome reflects the Bank's resilient performance, strategic foresight, and dedication to enhancing shareholder value.
Aug 24, 2024
Verticalized SaaS Payments platform maintained its strong track record of profitability
Aug 23, 2024
The cheque towards dividend @ 25% on the share capital of 76.32 crore held by Government of India
Aug 23, 2024
The floor price is 427 times the face value of the Equity Shares and the Cap price is 450 times the face value of the Equity Shares
Aug 22, 2024
Efficient Capital Labs Raises $11 Million in Series A Funding; QED Investors and 645 Ventures co-lead latest round
Aug 22, 2024
Tax revenue had grown from merely Rs. 30 lakh to Rs. 20 lakh crore, doubling of tax base and growth in tax to GDP ratio.
Aug 22, 2024
The NHCX portal facilitates seamless and real-time information exchange between all key stakeholders in the claim process, including the healthcare provider, insurer, patient beneficiary, government
Aug 21, 2024
Mr. Churiwal, who previously served as the Chief Operating Officer (COO) at ACRE, brings with him over 18 years of experience in the management and resolution of stressed assets
Aug 21, 2024
The IPO with a face value of Rs 5 per equity share, is a mix of fresh issue of up to Rs 250 Cr and an offer of sale up to Rs 250 Cr by Promoter and Promoter Group Selling Shareholders
Aug 20, 2024
Some Bit Of Crowding Out Of Bank Deposits By MF Is Noticeable
Aug 20, 2024
BharatPe to facilitate Two-wheeler loans and Loans Against Mutual Funds
Aug 20, 2024
This innovation will not only drive convenience but also enhance security by reducing the risk of fraud within these trusted ecosystems.
Aug 19, 2024
The company, in consultation with the book-running lead managers, may consider a private placement, rights issue, preferential offer or any other method of specified securities, for an aggregate amount not exceeding Rs 150 crores as Pre-IPO placement shall not exceed 20% of the size of the fresh issue.
Aug 19, 2024
SBI Life Is Gold Sponsor for the Paris 2024 Paralympic Games
Aug 17, 2024
IPO proceeds to be used to retire debt as well as for establishing a new integrated unit
Aug 17, 2024
Bijoy Thaplial appointed as the Chief Business Officer – Leasing, Partnerships, and Payments and Mod Narayan Singh appointed as Chief Compliance Officer (CCO)
Aug 16, 2024
The reliance on public deposits is limited for HFCs, with only 12 out of 94 HFCs2 having a deposit-taking license. Total public deposits held by deposit-taking HFCs is estimated at Rs 25,000 crore
Aug 14, 2024
Everyday AI & Digital Employee Experience Have a Mutual Relationship and Are the Nearest-Term Transformative Innovations
Aug 14, 2024
These actions on 2 leading banks are based on deficiencies in regulatory compliance
Aug 13, 2024
Its EBITDA grows YoY by 13.3% to Rs117 Crores
Aug 13, 2024
Bank introduces new bucket of 1 year 9 months
Aug 13, 2024
The Committee consists of 10 persons
Aug 12, 2024
RBI’s Board reviewed the global and domestic economic situation and outlook, including the challenges posed by geopolitical developments and global financial market volatility.
Aug 11, 2024
The new cheque clearing norms will ensure ‘on realisation settlement; Seems like we must remain patient regarding any potential changes in stance or rate cuts
Aug 10, 2024
These actions on 2 coop banks are based on deficiencies in regulatory compliance
Aug 09, 2024
Solvency Ratio increased to 1.99 from 1.89
Aug 08, 2024
The proposed public repository for digital lending apps is a significant move towards enhancing oversight and protecting customer interest
Aug 08, 2024
The NBFC has served over 1.5 Crore customers till date
Aug 07, 2024
This growth rate significantly outperforms the industry average for the same period, underscoring SBI General's strong market position and growth trajectory.
Aug 07, 2024
CoE will cater to customers across mobility, hi-tech, and sustainability segments
Aug 07, 2024
Government of India has approved the continuation of the Modified Interest Subvention Scheme (MISS) for the financial year 2024-25 with certain stipulations
Aug 06, 2024
The fresh issue size has been reduced from Rs185 crore to Rs148 crore.
Aug 05, 2024
Ruchit Jain, Lead Research, 5paisa.com: Short term trend looks negative
Aug 05, 2024
The insurer offers political risk insurance as an essential risk management tool for businesses navigating the challenges posed by current global geopolitical events
Aug 05, 2024
The case pertains to manipulation of stock prices of the scrip of Sunrise Asian by M/s Iceworth Reality LLP and other accused persons/entities in collusion with several inter-connected group entities thereby making unlawful profits at the expense of bonafide investors
Aug 02, 2024
Investors may participate with a minimum investment of Rs100 during both the New Fund Offer (NFO) period and the continuous offer period; The New Fund Offering (NFO) opens on August 6th and closes on August 20th, 2024
Aug 02, 2024
SEBI has already implemented AI To Process Public Documents; SEBI Chairperson at FICCI's 21st Annual Capital Markets Conference, CAPAM2024
Aug 02, 2024
Clix Capital aims to double down on growth in its focus sectors
Aug 01, 2024
The MD of Kotak Mahindra AMC alerts investors: Do remember that this journey is both forward as well as backward. Nasdaq went so backwards that it took 17 years to come back to the previous peak
Aug 01, 2024
NPCI Isolated C-Edge Technologies From Accessing Retail Payment Systems
Aug 01, 2024
Bank has hiked its rate for Fixed Deposits amounting less than Rs3 Crore and now offering 6.00% for 180 days to less than 1 year
Jul 31, 2024
Angel One Wealth Bets On Emerging HNI Growth In India
Jul 31, 2024
SEBI’s consultation paper on the F&O ecosystem
Jul 31, 2024
Loans worth Rs4,338 Crore Provided to Over 1 Lakh SHGs in Gujarat
Jul 30, 2024
6-day workshop being conducted for cultivating relevant skills across all government levels
Jul 29, 2024
Cashfree Payments’ International Payment Gateway enables merchants to accept payments from 180 countries and 30 currencies worldwide
Jul 29, 2024
Indian Team Brought Party To River Seine
Jul 27, 2024
Manoj Mittal has over 33 years of extensive experience in the Finance secto
Jul 27, 2024
Mool redefines the future of personalised financial guidance and optimised wealth management; Abhinav Nayar
Jul 26, 2024
As Founder and Chairperson of the Reliance Foundation, Nita Ambani seeks to empower millions of Indians with resources and opportunities
Jul 26, 2024
DBS Bank’s Pivotal Study Reveals interesting findings
Jul 25, 2024
Bajaj Finserv AMC's concentrated strategy with investment in select 25-30 stocks
Jul 25, 2024
NFO opens on 25-July-2024; closes on 8-August-2024
Jul 25, 2024
The government plans to establish good governance and networks in the cooperative sector to ensure transparency and accountability
Jul 24, 2024
The reduction in corporate tax rates further enhances the competitiveness of Indian companies on the global stage
Jul 23, 2024
Looking ahead, the government has signalled a continued reduction in both deficit and debt levels
Jul 23, 2024
This action is based on deficiencies in regulatory compliance
Jul 23, 2024
The Department of Youth Affairs under Ministry of Youth Affairs & Sports has taken several initiatives for the digital and financial literacy for youth in the rural areas of the country
Jul 22, 2024
Randhir Thakur, CEO of Tata Electronics, announced an $11 billion investment to set up a semiconductor manufacturing plant in Dholera, Gujarat
Jul 20, 2024
Standalone PAT for Q1FY25 Rs 6,250 crore, up 81% YoY
Jul 20, 2024
Only a few banks are using the CrowdStrike tool; Reserve Bank of India clarifies on impact of outage in Microsoft Services on its Regulated Entities
Jul 19, 2024
Large Deal Bookings at $1.2 billion
Jul 19, 2024
Total Income of Reliance Industrial Infrastructure Limited is Rs 1,843.01 Lakh as compared to Rs 2,062.66 Lakh on Y-o-Y basis, on account of lower utilisation of infrastructure assets
Jul 18, 2024
The leading public sector bank has raised Rs5,000 crore @ 7.54% p.a, through NSE Electronic Bidding Platform
Jul 18, 2024
Absa Group Limited, a publicly traded company on the JSE, is one of Africa's largest diversified financial services groups. The company has footprints across 12 African countries, China, the United Kingdom, and the United States.
Jul 18, 2024
There shall be a Board Approved Policy on fraud risk management delineating roles and responsibilities of Board / Board Committees and Senior Management of the Cooperative Bank
Jul 17, 2024
This acquisition is SI Investments' strategic entry into the real estate sector
Jul 16, 2024
The scheme offers an interest rate of 7.25% per annum (7.75% per annum for Senior Citizens)
Jul 16, 2024
This will simplify the way these self-employed segment customers make payments at any merchant outlet.
Jul 16, 2024
We honor the relentless innovation and passion for AI that empowers businesses and individuals alike: Ganesh Gopalan
Jul 15, 2024
Digit Insurance’s 10th Transparency Report showcases customer delight through lens of time
Jul 15, 2024
CBI arrests CGST Superintendent And Inspector, Solan in bribe cases related to demand & accepting bribe from complainant
Jul 14, 2024
Complaints were registered by IDBI Bank and Bank of Maharashtra on allegations of diverting bank loans through cheating, fraud and criminal breach of trust
Jul 13, 2024
Suvendu Pati, Chief General Manager of RBI's Fintech Department, and Ms. Shilpa Rao, Head of Partnerships & the Swanari Program at RBIH, spoke at the International Regulatory Roundtable in London
Jul 12, 2024
Competitive RETURNS, Convenient LIQUIDITY, Customized INSIGHTS
Jul 11, 2024
Tapan Ray: RBI allows resident investors to leverage our platform for a wider range of overseas investments and expenditures; Authorised Persons may facilitate remittances for all permissible purposes under LRS to IFSCs
Jul 10, 2024
Bank’s Senior Unsecured Long Term Bond Issuance
Jul 10, 2024
The funding is led by Boon Sustainability
Jul 09, 2024
These products are designed to streamline and secure various aspects of global transactions, ensuring smoother operations and greater financial flexibility for businesses.
Jul 08, 2024
DVARA KGFS FORAYS INTO ANDHRA PRADESH
Jul 08, 2024
The IPO, with a face value of Rs1 each, is a mix of fresh issuance of Rs 550 crore and an offer for sale of up to 21.61 million equity shares by promoters and Investor Selling Shareholders.
Jul 08, 2024
In the course of the in-person consultations, more than 120 invitees across 10 stakeholder groups, including experts and representatives, participated in the meetings
Jul 07, 2024
Registering a 55% increase in the FDI inflow during FY 2023-24 as compared to the inflow during FY 2022-23, Gujarat received a whopping $7.3 bn in FY 2023-24
Jul 05, 2024
The IPO, with a face value of Rs 10 per equity share, is entirely a fresh issue of up to 49.60 lakh shares with no offer of sale component
Jul 05, 2024
Integrate Space Into Policy And Program Execution: Sahoo
Jul 05, 2024
The SFB has witnessed growth in all performance parameters on YoY basis
Jul 04, 2024
UPI acceptance will be rolled out progressively, covering a wide range of establishments from retail stores and dining outlets, as well as tourist and leisure attractions including Dubai Mall and Mall of the Emirates.
Jul 03, 2024
YOY growth overall is still low at 1.8%
Jul 03, 2024
The collaboration between two lenders aims to cater to customers in the unorganized sector, including self-employed or salaried borrowers who have limited access to credit due to the lack of sufficient income proofs
Jul 02, 2024
An Industry First Health Insurance Product
Jul 02, 2024
The IPO has a face value of Rs 10 and consists of a fresh issue of equity shares up to 25.58 lakh and an offer for sale up to 6.16 lakh equity shares by the Promoter Group and Individual Selling Shareholders.
Jul 01, 2024
The IPO, with a face value of Rs 10 per equity share, is entirely an offer for sale of up to 984.46 million equity shares by Sagility B.V, the Promoter Selling Shareholder.
Jul 01, 2024
The operation is helping in scaling up investments in green hydrogen and in renewable energy infrastructure. This will contribute towards India’s journey for achieving its Nationally Determined Contributions targets
Jun 29, 2024
The SFB supports Sarla Jain to create opportunities through entrepreneurial dreams
Jun 29, 2024
The action is taken for non-compliance with certain directions issued by RBI on ‘Credit Card, Debit Card and Rupee Denominated Co-branded Pre-paid Card operations of Banks’
Jun 28, 2024
As the exclusive Media Rights Holders for the Games, Viacom18's comprehensive presentation will feature must-watch events for Indian fans, highlight standout Indian athletes, and showcase historic Olympic performances
Jun 27, 2024
This National Insurance Day, let's embrace innovation to deliver the peace of mind and protection of insurance to every doorstep
Jun 27, 2024
Muthoot Finance disburses loans via IMPS or UPI, apart from RTGS/NEFT networks, which ensures that their credit history is also strengthened
Jun 27, 2024
The rise in India’s foreign liabilities was attributed to higher inward direct investments, portfolio investments, loans as well as currency and deposits taken by resident entities
Jun 26, 2024
Launched in February at Fulcrum Digital’s annual event TANDEM 2024, FD Ryze stands as a testament of innovation, providing a comprehensive solution for enterprise AI needs
Jun 26, 2024
Interesting report titled "Global Fintech 2024: Prudence, Profits, and Growth," jointly published by Boston Consulting Group (BCG) and QED Investors
Jun 26, 2024
This milestone comes just two months after the company launched its Surety Insurance Bond offerings.
Jun 25, 2024
Direction is given by TRAI regarding submission of Performance Monitoring Report to the Authority in modified formats on monthly basis
Jun 25, 2024
Developments in India’s Balance of Payments during the Fourth Quarter (January-March) of 2023-24
Jun 25, 2024
A study by Zerodha Fund House reveals that the substantial share of Rs6.95 lakh crore out of the total Rs53.40 lakh crore signifies a shift towards more investors choosing ETFs as a preferred mode of investment
Jun 24, 2024
Need for Regular Engagement of NBFCs with Ministry of Finance and RBI on Periodical Basis
Jun 24, 2024
The strategic partnership is to have advance collaboration in Next Generation Wireless Technologies for Indian Army
Jun 23, 2024
Exports Excellence Awards for the 8th & 9th Set were conferred by Ramesh Bais, Governor of Maharashtra; Deependra Singh Kushwah, Development Commissioner, Chairman (MAITRI) and Export Commissioner, Govt of Maharashtra;
Jun 22, 2024
PNB Parivar Unites Across Zones to Embrace Mental and Physical Wellness Through Yoga Practice
Jun 21, 2024
Bottom of the pyramid’s share in consumption stands at 43% now
Jun 21, 2024
By prioritizing investments in infrastructure, education, healthcare, and other critical sectors, governments can stimulate economic growth while maintaining fiscal discipline: ASSOCHAM President Sanjay Nayar
Jun 20, 2024
800,000 Cyberattacks Blocked Per Website On Average In Q1 2024
Jun 20, 2024
24% increase in bonus amount paid out in FY24 versus FY23
Jun 19, 2024
Decoding Desi savings: Moneyview Index Unveils Saving and Investment Habits of Modern India
Jun 19, 2024
the global leader in customer experience and data monetization solutions unveils pioneering CNPaaS solution that shall enable advanced 5G network capabilities such as on-demand quality of service
Jun 18, 2024
Investments in renewables, roads, realty to rise 38% over two fiscals
Jun 18, 2024
As per CME FedWatchTool, there is 61% probability of 25bps rate cut in Sep’24
Jun 17, 2024
This initiative has been taken to create a positive vibe and to make the public at large aware about the contribution of Self-Help Group (SHGs) to our society.
Jun 16, 2024
The action is based on deficiencies in statutory and regulatory compliance
Jun 15, 2024
International Olympic Committee is taking a major step forward and is keeping up with the pace of the digital revolution.
Jun 14, 2024
“PM Shri Paryatan Vayu Seva” Boosts Connectivity to the captivating destinations of Madhya Pradesh
Jun 13, 2024
It is unreal how much our markets have expanded post Covid. @zerodhaonline customers now hold Rs4,50,000 crores worth of assets in their Demat accounts: Nithin
Jun 13, 2024
Muthoot Microfin Announces Closure of USD 113 Million ECB
Jun 12, 2024
The Fund is an open-ended fund replicating/tracking the total returns of the Nifty India Defence Index
Jun 12, 2024
FIDC has requested that no limit be placed on maximum cost overrun which can be funded and it should be left on commercial decision-making.
Jun 11, 2024
The strategic partnership will focus on the integration of AI-driven algorithms and sensor technologies to enhance real-time hazard recognition and response capabilities,
Jun 11, 2024
The Fund is Powered By Tech, Guided By Wisdom
Jun 10, 2024
Among the states, MPCE is the highest in Sikkim (Rural – Rs. 7,787 and Urban – Rs12,125) and it is the lowest in Chhattisgarh (Rural – Rs. 2,575, Urban – Rs. 4,557)
Jun 09, 2024
The system liquidity is expected to ease as the government resumes spending
Jun 07, 2024
New brands reflect the companies’ speed, reliability, and partnership-driven approach
Jun 07, 2024
CBI registered a case on allegations that accused demanded bribe of Rs1 lakh from complainant practicing tax consultant as reward for having resolved the issue of Input Tax Credit (ITC) of his client Gupta Agency
Jun 07, 2024
This year's initiative, titled Generation Restoration, is a long-term effort dedicated to fighting climate change and its devastating impacts
Jun 06, 2024
This collaboration marks a significant milestone, making Peru the first country in South America to adopt the globally renowned Unified Payment Interface (UPI) technology
Jun 05, 2024
As consideration for the merger, TCL will issue its equity shares to the shareholders of TMFL resulting in TML effectively holding a 4.7% stake in the merged entity
Jun 04, 2024
The format of the ITES survey schedule has been updated for the current round
Jun 04, 2024
Partner2Connect and AI for Good Announce pledge drive at the AI for Good Global Summit
Jun 03, 2024
The NBFC's revenue increased from INR 544 crore in FY23 to INR 672 crore in FY24, reflecting a strong growth of 23.4%.
Jun 03, 2024
Gross GST Revenue Collection In May 2024 Records 10% Y-O-Y Growth
Jun 03, 2024
46 countries and around 230 chess players participating in the prestigious tournament
Jun 01, 2024
Agenda for 2024-25: RBI Will Modernize Currency Management Infrastructure; RBI Will Sustain the Self-Sufficiency In Banknote Production
Jun 01, 2024
price band set at Rs129 to Rs136 per Equity Share
May 31, 2024
Survey on the Usage of Coins and Banknotes
May 31, 2024
44% of respondents intend to go the extra mile and travel internationally to attend matches
May 30, 2024
RBI’s action is based on material supervisory concerns
May 29, 2024
This industry body will promote industry growth, represent stakeholders to regulators and exchanges, and enhance retail participation in debt securities markets
May 29, 2024
Board recommends final dividend of Rs. 6/- Per Share, in addition to Rs. 4 interim dividend declared earlier
May 28, 2024
Previously, the company had filed its DRHP in the month of February 2024.
May 28, 2024
Supply Chain Finance Platform 's Disbursement grew by 30% YoY
May 28, 2024
Such international spoofed calls have been misused in recent cases of fake digital arrests, FedEx scams, drugs/narcotics in courier, impersonation as Govt and police officials, disconnections of mobile numbers by DoT/TRAI officials, etc.
May 26, 2024
The total Proceeds of Crime identified in the case is Rs.1780 Crore.
May 26, 2024
DD Kisan to launch two AI anchors AI Krish and AI Bhoomi
May 25, 2024
Approval given at 608th Meeting of Central Board of the Reserve Bank of India held on Wednesday at Mumbai
May 22, 2024
‘The Great Indian Wallet’ study by Home Credit India reveals surging confidence in financial well-being
May 22, 2024
Mahindra Finance eyes expansion in Rural & Semi-Urban India for insurance products; receives corporate agency license from IRDAI
May 22, 2024
With over 13 years of distinguished HR leadership experience in industries including FMCG, cosmetics, QSR, and banking, Kalpana brings extensive knowledge to her new role
May 20, 2024
2024 Election: Absolute Number Voter Turnout So Far show Female Voters outstripping Men...
May 20, 2024
ONDC facilitates 7.22 mn transactions in April 2024, onboards over 5 lakh sellers
May 18, 2024
From automating claims processing to predictive risk assessments, a deeper look at some of the Generative AI use-cases that will redefine InsurTech in the years ahead
May 17, 2024
The Board announces the issuance of Bonus Shares in the ratio of 1:1 & 100% increase in dividend payout
May 16, 2024
This action on the said coop bank is based on deficiencies in regulatory compliance
May 16, 2024
EPS improved to stood at 3.10 in FY24 compared to 2.00 in FY23
May 15, 2024
GPT-4o (“o” for “omni”) is a step towards much more natural human-computer interaction. It can respond to audio inputs in as little as 232 milliseconds, with an average of 320 milliseconds, which is similar to human response time in a conversation;
May 14, 2024
Baweja's profound understanding of the intricate financial landscape within the energy sector has been instrumental in steering REC's growth trajectory and enhancing its financial performance over the years.
May 14, 2024
India is expected to garner total inflows close to US$ 30bn in FY25
May 14, 2024
Orderbook of 2,365 MWp to be executed in next 18 months
May 13, 2024
Rao has experience of over three decades in the Reserve Bank having worked in the areas of Regulation of Banks and NBFCs, Supervision of Banks and Consumer Protection
May 11, 2024
These actions on the 3 entities are based on deficiencies in regulatory compliance
May 11, 2024
BOB has witnessed improvement in its Asset quality with reduction in GNPA by 87 bps YoY to 2.92% from 3.79% in Q4FY23
May 10, 2024
The proportion of NBFC exposure in relation to aggregate credit has reduced from 9.7% in March 2023 to 9.4% in March 2024: CareEdge Ratings
May 10, 2024
Leading asset quality with GNPA and NNPA of 2.8% and 1.4% respectively
May 09, 2024
NPCI has onboarded Benjamin Ambrose as Chief Information Security Officer, and Pravin Kumar as Chief Market Information Security Officer
May 09, 2024
Max Life New Sales Grew At 16% Against 8% Private Industry Growth
May 08, 2024
CISCE empowers students with convenient access: Declaration of 2024 real-time examination results and availability of marksheets and certificates through DigiLocker
May 07, 2024
The 2024 edition of the Awards spotlights infrastructure, sustainability, and gender equality.
May 07, 2024
The IPO comprises Fresh Issue of up to 40 million shares and an Offer for Sale of up to 8 million shares by the selling shareholders.
May 07, 2024
The proposed subsidiary will engage in a range of financial activities as a finance company within GIFT, including lending, investment, and other financial services.
May 05, 2024
ED initiated investigation on the basis of FIR registered by Bharti Vidhyapeeth Station, Pune against the accused persons for duping/cheating common people in the name of ponzi/ multi marketing schemes and forex trading platforms promising exorbitant returns and collected more than Rs100 Cr
May 04, 2024
ED initiated investigation on the basis of MLA request received from the US authorities invoking a unique provision of section 2(ra) of PMLA, 2002 implying offence of cross border implications
May 04, 2024
Directions on reporting of OTC foreign exchange derivative contracts and foreign currency interest rate derivative contracts to the Trade Repository of Clearing Corporation of India Ltd. have been updated
May 03, 2024
RBI cannot move ahead to the Fed as interest differential between US and India is at an all time low
May 03, 2024
UGRO raised this capital through an innovative combination of Compulsorily Convertible Debentures with Warrants, ensuring that the capital required for both the current year's growth and next year's growth is effectively locked in today.
May 02, 2024
Strategic Partnership Is On Ultra-Low Emissions Engineering In Germany And India
May 02, 2024
The funds will be utilized for talent expansion, tech enhancement, and new product lines.
May 02, 2024
AMCs to have an institutional mechanism for deterrence of potential market abuse including front-running; Association of Mutual Funds in India, in consultation with SEBI, shall specify detailed standards for such an institutional mechanism
Apr 30, 2024
Pi and Phi: Bridging Traditional Banking with Fintech Innovation
Apr 30, 2024
Corporate GNPA is 3.31% as on 31st Mar 2024 as compared to 22.25% as on 31st Mar 2023 and 3.35% as on 31st Dec 2023.
Apr 29, 2024
This development positions the ICRA Group among the few Indian entities offering holistic risk-monitoring solutions, including ESG ratings and scores.
Apr 29, 2024
The company’s solvency ratio continues to remain robust at 1.96 as on March 31, 2024 as against the regulatory requirement of 1.50.
Apr 28, 2024
Provisions increased 43% YOY from Rs1,665 crore in FY23 to Rs2,382 crore in FY24
Apr 28, 2024
1,000 government, business and civil society leaders to gather in Riyadh, Saudi Arabia
Apr 27, 2024
HCLTech reports FY24 revenue of $13.3 billion, up 5.4% YoY; Industry vertical growth was led by Financial Services and Telecommunications, Media, Publishing & Entertainment
Apr 27, 2024
Highest ever increase in Customer franchise to 4.29 million in FY24
Apr 26, 2024
The New Fund Offer (NFO) is open for subscription from 26th April 2024 to 10th May 2024
Apr 26, 2024
Banks’ exposure to NBFCs shall be subject to capital charge as per the Risk Weight prescribed
Apr 26, 2024
NAL and OUP will co-certify candidates who successfully complete these short duration self-paced courses
Apr 25, 2024
The Provision Coverage Ratio (PCR) as on March 31, 2024, was at 77.30% and PCR without considering Gold Loans NPAs was at 78.18%
Apr 25, 2024
While Private Banks gain a share in volume, NBFCs gain a share in value from Q3 FY23 to Q3 FY24. Furthermore, the proportion of very low and low-risk borrowers increased from 46.5% in Q3 FY23 to 50.6% in Q3 FY24.
Apr 23, 2024
Approximately 1.8 crore FASTags will need to be replaced swiftly to avoid delays and inconvenience at toll booths.
Apr 23, 2024
Revenue for JIO PLATFORMS LIMITED (“JPL”) increased by 11.7% Y-o-Y, led by robust subscriber growth of 42.4 million across mobility and homes and benefit of mix improvement in ARPU
Apr 22, 2024
The Special Judge for CBI cases, Gandhinagar has sentenced accused Smt. Preeti Vijay Sahjwani, then Sr. Manager, Indian Overseas Bank (IOB) Vastrapur Branch, Ahmedabad to 07 years’ Imprisonment with fine of Rs. 15,06,50,000/- in a case related to offences of Criminal breach of trust, Forgery for valuable security, using forged document as genuine and causing wrongful loss to the bank.
Apr 21, 2024
HDFC AMC has 11.3% market share in QAAUM of the mutual fund industry
Apr 20, 2024
IT major’s Net income increases 5.2% QoQ; FY 24 Large deal bookings at $4.6 billion, a YoY increase of 17.4%
Apr 19, 2024
His appointment reflects the company's focus on innovation, client-centricity, and long-term value creation.
Apr 19, 2024
Combined Strengths to deliver superior experience to customers and improve returns to shareholders
Apr 18, 2024
With this tie-up, South Indian Bank aims to help the dealer partners of Ashok Leyland Limited, streamline vehicle inventory funding.
Apr 18, 2024
17 NBFCs completed the First NBFC Growth Accelerator Programme cohort.
Apr 17, 2024
Apple's Manufacturing Shift Spurs Surge in India's Smartphone Exports
Apr 17, 2024
NPST Strengthens Board
Apr 16, 2024
Banks shall, accordingly, submit the fortnightly Form A Return from the Reporting Friday June 14, 2024, monthly Form VIII Return from May 2024 and the annual Form IX (on unclaimed deposits) Return from December 31, 2024 respectively on the CIMS Portal only
Apr 15, 2024
The issue of the above Directions by the RBI should not per se be construed as cancellation of banking license by RBI
Apr 15, 2024
Rs. 4650 crores seized even before polling begins: Higher than total seizures in 2019 polls; ECI cracks down on money power
Apr 15, 2024
Record Deal Wins and Robust Margins Mark Strong Finish to TCS’ FY24
Apr 13, 2024
The award recognizes o9 for its outstanding innovation, partnership, and dedication to client success in the supply chain management space through Google Cloud.
Apr 10, 2024
Mazars Macro-Tracker Series Reveals 8.4% GDP Surge, US$623.2 Billion Foreign Reserves Peak,
Apr 10, 2024
DBS Bank is the sole mandated lead arranger and book-runner for the loan through its IFSC banking unit in GIFT City
Apr 10, 2024
India’s Trending Investment Themes In 2024
Apr 08, 2024
Monetary Policy Review by HDFC AMC: For investors with a relatively longer investment horizon, it is a good time to increase allocation to longer duration funds in line with individual risk appetite
Apr 08, 2024
Online module available on National Single Window System, simplifying application process by pre-filling technical specifications and schematic details
Apr 06, 2024
Liquidity to remain in the neutral zone
Apr 06, 2024
he C/D ratio of banks has moved past 80 now, as banks continue to meet the robust credit demand from new as also sunrise sectors (climate transition/ start-ups) though pressure on mobilizing liabilities from non-deposits sources remain
Apr 05, 2024
The Central Bank’s decision to enable cash deposits in Cash Deposit Machines (CDMs) using the Unified Payments Interface (UPI) signals a positive step for India's financial future
Apr 05, 2024
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Apr 04, 2024
Finance provided by the UCBs to the eligible categories of borrowers shall be subject to the prescribed terms and conditions by the RBI
Apr 03, 2024
Jasuja will spearhead the company's issuer growth strategy and drive exponential expansion through partnerships that increase market reach, user base, and revenue streams.
Apr 03, 2024
Sudatta Mandal, DMD, points out SIDBI's achievement of surpassing a balance sheet milestone of Rs5.2 lakh crore.
Apr 02, 2024
Tier 1 and Tier 2 to Tier 4 UCBs shall maintain minimum Capital to Risk Weighted Assets Ratio (CRAR) as per prescribed norms
Apr 02, 2024
Stock market movements
Apr 02, 2024
Currency update: A Stronger Dollar Did Weigh On Most EM Currencies
Apr 01, 2024
Designated Court Sentences Then Assistant Labour Commissioner, Hyderabad To 2 Years’ Rigorous Imprisonment With Fine Of Rs 1 Lakh In A Case Related To Disproportionate Assets
Mar 30, 2024
Designated court sentences seven accused including then assistant manager of UCO Bank and then officer of Allahabad Bank to 03-07 years’ rigorous imprisonment with combined fine of Rs8.5 lakh in two separate bank fraud cases
Mar 29, 2024
Tweet from Vasanth Kamath, Founder and CEO, smallcase
Mar 28, 2024
Government’s Borrowing plan shall be completed through 26 weekly auctions
Mar 28, 2024
Crizac processed more than 3.82 lakh student applications and collaborated with over 140 global universities.
Mar 27, 2024
A glimpse into rising competitive federalism that benefits the bottom line with incremental per capita income, vanquishing inequality
Mar 27, 2024
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Mar 26, 2024
India’s real-time risk management solution empowers merchants curb cyber payment frauds in real-time
Mar 22, 2024
Impact on gold prices: Fundamental backdrop of lower interest rates and geopolitical uncertainty looks supportive for gold
Mar 21, 2024
Health of Indian banking sector continues to improve with better asset quality, high credit growth: FICCI-IBA Bankers’ Survey
Mar 21, 2024
Agency Banks are advised to keep all their branches dealing with government business open on March 31, 2024 (Sunday).
Mar 20, 2024
IPO comprises a fresh issue of 62,82,000 equity shares with a face value of Rs10 each through the book-building route
Mar 20, 2024
Collection efficiencies and delinquencies remain healthy throughout H2 FY2024
Mar 20, 2024
The action is based on deficiencies in regulatory compliance
Mar 19, 2024
Poonawalla Fincorp prepares itself for the next level of growth
Mar 19, 2024
Accelerating Financial Access, LoanKuber Secures $2.5 Mn in Debt Funding led by Au Small Finance Bank & Others
Mar 18, 2024
"SBI Green Marathon" is Run for a greener planet
Mar 18, 2024
The case is against KBC Multitrade Pvt Ltd and their Promoters / Directors
Mar 16, 2024
Companies that set up manufacturing facilities for e-vehicles will be allowed limited imports of cars at lower customs duty
Mar 16, 2024
DroneAcharya Aerial Innovations Becomes Medium Class Drone Pilot Training Organization
Mar 15, 2024
These actions on 4 coop banks are based on deficiencies in regulatory compliance
Mar 14, 2024
E-WEE will support inspirational and aspirational SEWA sisters initially in the two states i.e. Rajasthan and Gujarat
Mar 14, 2024
The project will benefit urban poor, women, and migrant workers through improved urban services and urban governance
Mar 14, 2024
NFRA Plans to set-up Innovation Lab or Sandbox for audit innovations
Mar 13, 2024
Digital frauds which erodes trust, damage economies, and fuel further fraudulent activity
Mar 13, 2024
Under his guidance, the company has achieved significant milestones, including 103% QoQ profit growth in Q1 of this financial year
Mar 12, 2024
Hero FinCorp brand identity refresh
Mar 12, 2024
Rise of Embedded Finance: Transforming Everyday Experiences with Seamless Financial Services
Mar 11, 2024
The case is related to illegal sale of sugar mills by Maharashtra State Co-operative Bank
Mar 09, 2024
The trafficked Indian Nationals were trained in combat roles and deployed at front bases in Russia - Ukraine War Zone against their wishes, thus, putting their lives in grave danger; Searches underway at more than 10 locations in 07 cities
Mar 08, 2024
Simplifying the loan process, offering a 50% discount on processing fees for loans disbursed until March 31, 2024
Mar 08, 2024
Bajaj Allianz Life Insurance's Life Goals Preparedness Survey 2023: Work-Life Balance, Fitness, Property Ownership & Financial Security amongst Top Life Goals for Women
Mar 08, 2024
CBI conducts searches in seven cities in an on-going investigation of a case in connection with suspicious IMPS transactions
Mar 07, 2024
The specific tools and technologies deployed may vary based on the type of assessment and the skills being evaluated
Mar 07, 2024
Mahashakti is powered by ManipalCigna Health Insurance
Mar 07, 2024
Monumental boost for our payment business.
Mar 05, 2024
The public issue is offered at a face value of Rs 10 each is a mix of fresh issue of equity shares worth up to Rs 1250 crore
Mar 05, 2024
This will be India's first 100% FDI in Defence Manufacturing Sector
Mar 04, 2024
Solvent Extractors' Association of India has requested ministers Piyush Goyal and Parshottam Rupala not to extend export ban on De-oiled Rice Bran beyond 31st March, 2024
Mar 04, 2024
US 10Y inched up considerably
Mar 04, 2024
Union Minister of Cooperation Amit Shah Inaugurates NUCFDC: Establish UCBs In Every City; NUCFDC will be a support during the crisis of banks and also a means to enhance their modernization and capacity
Mar 02, 2024
FM Sitharaman asked NaBFID to introduce a Structured Partial Credit Enhancement facility, create a Data Repository for the infrastructure sector and develop a sector specialisation
Mar 02, 2024
IAMAI has strongly condemned the removal of some of the most prominent consumer digital companies' apps from the Play Store, including those of Bharatmatrimony, Info Edge, Shaadi.com, and TrulyMadly
Mar 02, 2024
IAMAI is able to confirm that at least four of its members have received notices from Google.
Mar 01, 2024
Singhi's appointment connotes a significant step towards fostering innovation and driving growth for ICICI Lombard
Mar 01, 2024
The annualized numbers show a Amritkaal phase for India especially with investments' underpinning the growth trajectory
Mar 01, 2024
Driven by exceptional returns and rewards, Fello has successfully onboarded over 1M users and further projects to onboard over 2 M users by June 2024
Mar 01, 2024
Organizations of all sizes across industries are tackling a litany of cybersecurity challenges as they seek to responsibly manage their cyber risk
Feb 29, 2024
This association will not only help RCPL bolster its growing beverage portfolio that boasts iconic brands such as Campa, Sosyo and Raskik but will also bring exceptional new products and value propositions to Indian consumers.
Feb 28, 2024
Price Band fixed at Rs 270 to Rs 288 per Equity Share of face value of Rs 5 each
Feb 28, 2024
The estimates are corroborated with the in-house developed SBI-ANN (Artificial Neural Network) model, with 30 high frequency indicators
Feb 28, 2024
One thing that is not lost in this whole thing of attracting capital or debt is investor protection or the fact that investors are not short-changed
Feb 28, 2024
In Jan 2024, FII posted the highest outflows since Feb '23 at USD 3.1 billion. This was offset by USD 3.4 billion of DII investment
Feb 27, 2024
LTTS sole recipient of this award for delivering high end engineering solutions
Feb 27, 2024
C-DOT bags 3 awards for its indigenously designed & developed innovative Telecom solutions at 14th Annual Aegis Graham Bell Awards
Feb 27, 2024
One bank has been penalized for non-compliance with certain directions issued by RBI on ‘Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures’, ‘Resolution Framework 2.0 – Resolution of Covid-19 related stress of Micro, Small and Medium Enterprises (MSMEs)’ and ‘Resolution Framework - 2.0: Resolution of Covid-19 Related Stress of Individuals and Small Businesses’
Feb 27, 2024
CBI also fined former Chief Manager of the bank Rs4,37,500
Feb 26, 2024
The new rate beginning at 8.75% p.a. is applicable on the purchase of a new car
Feb 26, 2024
The accounts of 20 different activities of PACS will be integrated into single software: Amit Shah; PACSs have been strengthened by computerizing them with an outlay of Rs25 Bn; PM inaugurated pilot project of ‘World's Largest Grain Storage Scheme in Cooperative Sector’ in 11 Primary Agricultural Credit Societies (PACSs) in 11 states
Feb 24, 2024
CBI has arrested Chief Office Supdt., DRM Office, Western Railway, Mumbai for demanding and accepting bribe of Rs50,000/- from a complainant (representative of a private company) for processing three bill
Feb 24, 2024
High Speed Rail corridor targeted to begin functioning between Surat and Bilimora by 2026: Minister for Railways visits Bullet train construction sites at Vikhroli and BKC in Mumbai
Feb 23, 2024
Authorised Banks, Others Permited To Issue POIs For Payments Across Transport Systems
Feb 23, 2024
India Inc.'s financial performance in Q3-FY24 mirrored the trend seen in the last few quarters
Feb 22, 2024
ED initiated investigation on the basis of FIR registered by Anti-Corruption Bureau, Panchkula (Haryana) under various sections of Indian Penal Code, 1860 and Prevention of Corruption Act, 1988 against the accused
Feb 22, 2024
The fund will invest in at least two companies within the next month. EIF is poised to accelerate its mission of fostering innovation in the tech start-up ecosystem
Feb 22, 2024
BioCatch releases comprehensive analysis of digital banking fraud trends in India
Feb 21, 2024
The IPO has a face value of Rs 10 and consists of a fresh issue of Rs 120 crore and an offer for sale of up to 4.6 million equity shares by the Promoter Selling Shareholders.
Feb 21, 2024
'Global Student Health Care' plan is designed for students who are presently pursuing higher education abroad or aspire to pursue higher international education
Feb 20, 2024
Use cases are not about having bragging rights to compete with ChatGPT. We will go ahead and support education and there will be a focus in multiple languages of India, and multiple datasets: MoS Chandrasekhar
Feb 20, 2024
Meenal brings 14+ years of established leadership in the legal field
Feb 19, 2024
A Confluence of Innovation, Networking, and Recognition for the BFSI Community, at Jio World Convention Centre, Mumbai
Feb 18, 2024
APEDA's 38th Foundation Day marks agricultural export expansion milestone keywords Agricultural and Processed Food Products Export Development Authority (APEDA), export basket, Principal Commodities, Basmati Rice, and Fresh Vegetables.
Feb 17, 2024
The Corporation is pursuing for the balance with the Income Tax Department
Feb 17, 2024
Life Insurance Corporation of India’s new Plan 874 is specifically designed to have an adequate corpus to meet the higher education and other needs of the child
Feb 16, 2024
The RBI governor held meetings with the MD & CEOs of Public Sector Banks and select Private Sector Banks and applaud them for building resilient domestic financial system. However, banks should continue to maintain their vigil around build-up of risks.
Feb 15, 2024
The crackdown on business credit cards presents an opportunity for stakeholders to innovate with their existing payment methods
Feb 15, 2024
Baroda BNP Paribas Innovation Fund aims to invest in disruptive and innovative enterprises An open-ended equity scheme investing in innovation theme
Feb 14, 2024
From substantive subsidies, which will be given directly to people's bank accounts, to heavily concessional bank loans, the Central Government will ensure that there is no cost burden on the people
Feb 14, 2024
Mukesh Ambani led Reliance Industries has reached the 49th rank globally by market capitalization
Feb 13, 2024
The company sells an average of 8.01 million packets per day, which has a wide range of savouries products, ethnic snacks like namkeen and gathiya
Feb 13, 2024
Its adaptability and resilience are evident in the increased turnover of Rs 3200 Cr in the nine - month period, marking a 19.17 percent growth
Feb 12, 2024
By joining forces with BOI, Paisalo Digital aims to leverage its respective strengths and resources synergistically, to tap into the vast market and address the unique financial requirements of India's unbanked population
Feb 12, 2024
FICCI's latest QSM assessed the sentiments of manufacturers for Q4 2023-24 for ten major sectors, with Responses drawn from over 400 manufacturing units from both large and SME segments with a combined annual turnover of over Rs3.4 lakh crores
Feb 12, 2024
Thousands pay tribute to the Indian Space Research Organisation (ISRO) by creating the Largest Online Video Album of holding the abdominal plank
Feb 11, 2024
The Board has recommended a distribution of historic income amount of Rs1,07,000 crores to EPF members' accounts on a total principal amount of about Rs. 13 lakh crores
Feb 10, 2024
Total Income in Q3 FY24 stood at Rs 12,467 lacs, a slight degrowth
Feb 10, 2024
In view of the increasing reliance of NBFCs on delivering their services through digital medium and their partnerships with Fintechs, the sector's exposure towards technology related risks, including cybersecurity threats and operational disruptions, as well as their reliance on third party partnerships has increased significantly
Feb 10, 2024
These actions on 4 coop banks are based on deficiencies in regulatory compliance
Feb 09, 2024
The steady momentum is being witnessed in the investment cycle which will help the economy grow faster
Feb 09, 2024
Global gold ETFs kicked off 2024 with the eighth monthly outflow (-US$2.8bn), led by North America (-US$2.3bn)
Feb 08, 2024
India's leading fintech infrastructure platform becoming the youngest fintech company to receive the permit
Feb 07, 2024
Price band of issue is Rs 393 - Rs 414 per share
Feb 07, 2024
Nifty 50 declined by -0.03%, Nifty Smallcap 250 rose by 7.28%, Nifty Midcap 150 rose by 4.73%, Nifty Next 50 rose by 3.66%
Feb 06, 2024
Anand in Gujarat embarks upon a new journey: This time to spearhead the development of Commodity Derivatives ecosystem
Feb 06, 2024
Plan 873 is a Unit Linked, Regular Premium, Individual Life Insurance Plan which offers life insurance cover cum savings throughout the term of the policy
Feb 05, 2024
slice account simplifies the payment process by eliminating cross-selling and prioritising a user-friendly interface designed to save time
Feb 05, 2024
98 fraudsters/masterminds have been apprehended by the Directorate General of GST Intelligence (DGGI) by using data analytics aided by advanced technical tools
Feb 05, 2024
There has been no mention of ESG reporting and assessment, development of a transparent green taxonomy and importantly, the green bond market in India
Feb 03, 2024
This action on the housing finance company is based on deficiencies in regulatory compliance
Feb 03, 2024
Union Budget demonstrates a clear commitment to stimulating economic growth through strategic investment in infrastructure
Feb 02, 2024
Budget At A Glance: Total capital expenditure is estimated at Rs11,11,111 crore
Feb 01, 2024
ED initiated investigation on the basis of a show Cause Notice issued by the Commissioner of Customs, Customs Preventive Commissionerate, Ernakulam
Feb 01, 2024
Further improving global growth prospects, China's manufacturing activity contracted at a slightly slower pace in Jan'24
Feb 01, 2024
Target A Large Quantum From Disinvestment Next FY
Jan 30, 2024
Collekto anticipates further capital infusion and strategic technological upgradation initiatives
Jan 29, 2024
Zuno General Insurance's policy management system now facilitates onboarding on the National Health Coverage Exchange (NHCX)
Jan 29, 2024
Indian fixed income managed to deliver healthy returns across all sectors in 2023
Jan 29, 2024
Startups will receive up to INR 2 cr via the Caret Accelerator Program or up to INR 8 cr from the Caret Capital Fund, depending on their stage and scale
Jan 29, 2024
Key investment themes for EIF include Software as a Service (SaaS), Deep Tech, Fintech, and other emerging sectors, with a primary focus on business-to-business (B2B) theme
Jan 27, 2024
Non-Institutional Investors Portion with 224.06 times, Retail Portion was subscribed 77.10 times, whereas Qualified Institutional Buyer Portion subscribed 79.31 times
Jan 26, 2024
The attached properties consist of immovable properties, a Car & Gold Jewellery
Jan 26, 2024
The Provision Coverage Ratio (PCR) as on December 31, 2023 was at 76.42% and PCR without considering gold loans NPAs was at 77.27%
Jan 25, 2024
Bookingjini secured contracts with 8 State Tourism Development Corporations and surpassed the significant milestone of crossing 1.2 million USD in Annual Recurring Revenue (ARR)
Jan 25, 2024
Across product categories (barring housing loans), 80 % of the credit is contributed to by size buckets less than Rs10 to 25 lakh, thus reflecting the granular nature of retail credit even at the product level; Between 2017 and 2023, on average 60 % of the incremental credit is contributed by five banks. However, in recent years, the incremental growth contribution from the dominant banks has decreased; the policymakers may also consider using structural prudential tools, viz., debt-service rati
Jan 24, 2024
Revenue from operations for the quarter ended December 31, 2023, stood at Rs. 1,024.3 cr.
Jan 23, 2024
Opens up another source of long term funding for SMFG Grihashakti, thereby helping diversification of sources of funds and support asset liability management caption Deepak Patkar
Jan 23, 2024
PM chairs a meeting to launch "Pradhanmantri Suryodaya Yojana, which aims to reduce the electricity bill of the poor and middle class, along with making India self-reliant in the energy sector
Jan 23, 2024
Paytm's Revenue up 38% YoY to Rs2,850 Cr; EBITDA before ESOP of Rs219 Cr, margin improved to 8%
Jan 22, 2024
Declares Interim Dividend of Rs32 per share, recommends stock split
Jan 20, 2024
ED investigation revealed that illegal Online Betting App such as Dhangames and other Satta Matka Apps were being operated in Madhya Pradesh, Karnataka and other parts of the country to lure unsuspecting masses
Jan 20, 2024
Customer experience, business continuity, cyber security, application modernization and overall adoption of AI models are the prime drivers for Sify's recalibration
Jan 19, 2024
The tenor of the bonds is perpetual with a call option after 10 years and every anniversary thereafter.
Jan 18, 2024
India's Remarkable Decade Of Growth In Tech Startups: Tracxn Data
Jan 17, 2024
The Floor Price is 19.50 times the face value of the Equity Share and the Cap Price is 20.50 times the face value of the Equity Share. price band set at Rs39/- to Rs41/- per Equity Share
Jan 17, 2024
TradeTech Global initiative outlines a vision for collaborative use of technology for global commerce to unlock trillions in trade
Jan 17, 2024
Q3 Revenue of Rs2,422 crore, up 12% YoY and 2% QoQ Q3 Net profit of Rs336 crore, up 13% YoY
Jan 16, 2024
RBI releases draft circular on HFCs and NBFCs
Jan 15, 2024
Pilot brief initiative commenced in 36 Reliance Retail stores in Mumbai and Delhi
Jan 15, 2024
These actions on all the 4 entities are based on deficiencies in regulatory compliance
Jan 13, 2024
Gift City and Vibrant Summit the best gift that Gujarat has given to the world: World Bank Country Director
Jan 13, 2024
NEC's System spans approximately 1,870 kilometers, ensuring digital connectivity to the remote islands, giving a boost to its economic and social life
Jan 12, 2024
The enterprise AI software platform provider will expand its presence in India with a new Center Of Excellence (COE) in Hyderabad to develop world-class supply chain talent
Jan 11, 2024
Funds raised in Pre-Series A round from Upsparks, Eagle10 Ventures, ITI Growth Opportunities Fund & Inflection Point Ventures
Jan 10, 2024
Combining UPI flexibility with exclusive benefits for a seamless banking experience
Jan 09, 2024
The successful transition of all MPCSs to the 'go live trial' stage in PACS computerization project marks a pioneering achievement
Jan 09, 2024
AU Swadesh Current Account provides complete flexibility in terms of balance maintenance and monthly transactions taking into account the seasonality of business cycles
Jan 08, 2024
Tranche I Issue opens on Thursday, January 11, 2024, and closes on Wednesday, January 24, 2024 with an option of Early Closure
Jan 08, 2024
"Ekal Run"was rolled out successfully on 7th January 2024, Sunday at Godrej Waterside, Kolkata, attended by many celebrities and city residents
Jan 08, 2024
Case of embezzlement of NHAI and HSIIDC funds
Jan 06, 2024
For FY25, India's GDP growth is expected at 6.5%. There is a reason to remain positive on the capex-driven growth to sustain into next year, whereas rural recovery is expected to be slow
Jan 06, 2024
Securitisation volumes witness modest decline; estimated at Rs380 Bn in Q3 FY2024 compared to Rs460 Bn in Q2 FY2024
Jan 05, 2024
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Jan 05, 2024
Record date: Wednesday, 10th January 2024
Jan 04, 2024
The campaign video, featuring brand ambassador Ranbir Kapoor and renowned filmmaker Rohit Shetty, is crafted to spotlight TATA AIG's holistic approach towards demystifying the claims process
Jan 04, 2024
The IPO comprises Fresh Issue of upto 40 million shares and an Offer for Sale of upto 8 million shares by the selling shareholders
Jan 04, 2024
Maidaan is a peer-to-peer edutainment platform hosting LIVE, bite-sized Olympiads & Tournaments for school children
Jan 04, 2024
R. Madhavan, who is known for his authenticity and intelligence, questions the profit-making model of insurance companies, ACKO in this case, echoing the common consumer sentiment that why would it be in the insurers' interest to settle claims
Jan 03, 2024
the incentive will be applicable for a total of five consecutive financial years, starting from the financial year 2023-24
Jan 02, 2024
CBI had registered a case on 30.03.2011 on complaint from Oriental Bank of Commerce, Indore that then Chief Manager in collusion with other accused, had sanctioned Cash Credit Facilities amounting to Rs8.1cr against forged Ware House Receipts to 7 firms
Jan 01, 2024
India added $900 Bn in market cap in 2023, equivalent to the entire market cap of countries such as Brazil, Sweden & Netherlands. Expectations are for interest rates to fall in 2024, with the Fed potentially providing hints during upcoming policy meetings based on their evaluation of inflation and economic data
Jan 01, 2024
The bank does not have adequate capital and earning prospects
Jan 01, 2024
