The company expects the co-lending book to touch Rs 500 crore by March 2025. It expects to make co-lending into…
At the same time, transaction value rose nearly 42% y-o-y to Rs 15.8 trillion in September, marginally lower than Rs…
The bank proposes to utilise the net proceeds from the fresh issue towards augmenting bank’s tier – I capital base…
With the rise in interest rates, corporates have been tapping the bond market for their financing requirements.
Inflation plays spoilsport, MPC may revise forecast upwards for Q2
In its latest bulletin, RBI highlighted that the bank loans comprised nearly 46% of the borrowings of upper layer NBFCs.…
Among specific issuers, American Express witnessed the sharpest M-o-M rise in spends at 10.1%.
While the top layer will ideally remain empty, RBI can place NBFCs into this layer if there is a substantial…
Shriram Housing is a subsidiary of Shriram Finance.
Once an account is identified as defaulting wilfully, banks should not grant additional credit it till a year after the…
“The underwriting and due diligence process of HDFC Bank is very robust. The bank’s reach into rural areas and our…
In 2021, the government announced the formation of NARCL, a state-backed bad bank. It would pick up bad loans from…
Many entities such are all set to launch audio-based payment confirmation devices like soundbox to capitalise on the rise in…
A couple of weeks back, Das has proposed setting up a self-regulatory organisation for fintechs.
The index is responsive to ease of access, availability and usage of services, and quality of services, comprising all 97…
In the meantime, the company may do a funding round in the next eight-to-nine months.
The festive offer will enable prospective customers to benefit from equated monthly installments starting from Rs 729 per lakh.
Currently, the Razorpay is focussing on product innovation and retaining market share in its online payment business.
