IIFCL asked to extend Rs 1 lakh crore loans in 3 years IIFCL plans to borrow about Rs 8,000 crore, including from overseas institutions, during the January-March quarter, its managing director PR… 9 months agoJanuary 6, 2025
Top 5 banking trends in 2025: A look at what’s likely to impact BFSI sector the most this year The BFSI sector has seen rapid digitalisation in 2024 and most industry experts believe that evolving scope through AI and… 9 months agoJanuary 6, 2025
Banks post strong growth in advances, deposits in Q3 The bank’s current account savings account (CASA) deposits increased 32.3% to Rs 1.13 lakh crore as of December 31, 2024,… 9 months agoJanuary 3, 2025
Kotak Mahindra Bank’s COO & CTO steps down In April 2024, the banking regulator had barred Kotak Mahindra Bank from onboarding new customers through its online and mobile… 9 months agoJanuary 3, 2025
TATA AIG General Insurance appoints Amit Ganorkar as MD and CEO Ganorkar succeeds Neelesh Garg, following the board of directors’ approval and receipt of all necessary regulatory clearances. 9 months agoJanuary 3, 2025
Max Life gets Axis-ed: Rebrand aims to double impact in insurance market In a conversation with BrandWagon Online, Prashant Tripathy, Managing Director, Axis Max Life Insurance, insists that the rebranding was his… 9 months agoJanuary 3, 2025
Lower tax on term deposit income, direct refinance for NBFCs top financial-sector wish list Sitharaman on Thursday chaired the seventh pre-budget consultation with stakeholders from the financial sector and capital markets. 9 months agoJanuary 3, 2025
Banks’ credit growth to remain subdued in FY26: ICRA The capital ratios of several banks remain comfortable, and no major growth-related capital requirement is expected for FY26. 9 months agoJanuary 2, 2025
Microlenders’ shares surge after MFIN defers cap on lenders The sector has witnessed a significant slowdown in microfinance growth in the current financial year amid mounting asset quality concerns. 9 months agoJanuary 2, 2025
Record 16.73 billion UPI transactions in December FASTag transactions grew by 6% in volume to 382 million in December, against 359 million in November, and 345 million… 9 months agoJanuary 1, 2025
IREDA’s loan disbursements surge 41 per cent in Q3FY25 The company registered a year-on-year increase of 36.18% in its net profit in the second quarter of the current financial… 9 months agoJanuary 1, 2025
New year brings stricter regulatory oversight for HFCs The new rules require HFCs to maintain 15% liquid assets against public deposits held by them in a phased manner,… 9 months agoJanuary 1, 2025
ICAI’s global networking norms restrictive: Big Five As per the draft guidelines, the code of ethics of ICAI will be applicable to all “network components” who would… 9 months agoJanuary 1, 2025
IT firms may see gradual recovery in Q3 While demand for modernisation and cost optimisation remains strong, the full extent of the sector’s rebound will depend on how… 9 months agoDecember 31, 2024
NPCI lifts UPI user onboarding limit for WhatsApp Pay WhatsApp Pay gains full access to India’s UPI ecosystem as NPCI removes user onboarding limits. 9 months agoDecember 31, 2024
How future-ready CFOs are redefining business excellence The 2nd edition of the Financial Express CFO Connect Conclave sought to address various aspects of a CFO’s role through… 9 months ago
Mswipe cuts losses marginally on flat revenue growth in FY24 The company saw a 44.4% decline in signup fees to Rs 5 crore, while support service fees increased modestly by… 9 months agoDecember 31, 2024
Loan growth of NBFCs moderates Overall, the NBFC sector remains healthy with sizable capital buffers with capital to risk weighted capital ratio (CRAR) at 26.1%… 9 months agoDecember 30, 2024
IndusInd Bank suspects fraud, says ‘certain employees’ may be involved in Rs 1,269 crore ‘accounting discrepancy’
