The bank’s gross advances rose 27% y-o-y to Rs 22,468 crore as on September 30.
Paytm partners with lenders to disburse loans.
Growth momentum would be propelled by festival season spending in the near term.
Kiwi offers ‘credit on UPI’ by partnering with banks to issue RuPay credit cards.
NBFCs have experienced consistent growth in the overseas education segment, driven by a strong and sustained demand for international education…
With the harvest, farmer income is going to start coming in. My expectation is that festival season spending is going…
Vehicle loans and secured business loans comprised 70% of pass-through-certificate transactions in the September quarter.
Gross margin rose to 0.8% in 2022-23 from 0.12% in 2021-22.
On Monday, Jio Financial Services will kick-start the July-September result season of non-bank lenders.
The market share of banks in this segment stood at 34.1% in the March quarter. This data come at a…
HDFC Bank will kick-start results for the banking sector on October 16.
In recent months, banks and non-bank lenders have ramped up disbursements in the unsecured retail loan segment in order to…
The central bank will shortly issue instructions on the credit concentration norms.
Interest on auto loans charged by banks on electric two-wheelers ranges from 12.2 to 21%, while for ICE two-wheelers the…
“The fact that the RBI has shown confidence in a fintech’s ability to merge with and operate a bank is…
Around 380,000 homes were sold in 2022-23(April-March), higher than the 250,000 homes sold in 2021-22.
Downgrades rise in first half of FY24
The major reason for WhatsApp Pay not being able to make a mark is the nature of its brand appeal.
