Fintechs captured material market share in payment gateways, small ticket personal loans, pay later or BNPL market
The company’s net profit rose 20% year-on-year(y-o-y) to Rs 7.3 crore in 2021-22(April-March).
“We are always open to exploring innovative solutions that synergises with our capabilities,” says Vikamsey.
GQG Partners has bought nearly 51 million shares of IDFC First Bank from Managing Director and Chief Executive Officer V…
The pre-requisite to start credit card operations is a minimum net owned fund of Rs 100 crore.
At the same time, weak monsoon can be a source of domestic stress. The rupee slid 0.1% to 83.14 against…
Banks may, as per their board approved policy, stipulate terms and conditions of use of such credit lines. The terms…
The weakness in the Chinese yuan has put Asian currency markets under pressure and this has led to the weakness…
SBI Research has used an autoregressive distributed lag model for the 65 month ended August. The data constitutes both periods…
As per the RBI’s norms, all collateral-free loans extended by a lender to a borrower with an annual household income…
Bajaj Auto Consumer Finance is the second non-banking financial company in the Bajaj group.
on-food credit stood at Rs 147.8 trillion as on July 29. In comparison, non-food credit had risen 15.1% y-o-y.
In the FY24 Budget, the government removed the exemption from the 10% TDS on listed NCDs by omitting clause nine…
In terms of value, transactions rose nearly 37% y-o-y to nearly Rs 14.7 trillion as on August 29.
The spends of SBI Cards and Payment Services, India’s only listed credit card issuer, rose 34.1% y-o-y to `26,011 crore…
“Now that the capping has come in, the risk appetite has reduced significantly because it is only one in 20…
In a meeting with managing directors and chief executive officers of upper layer non-bank lenders, the apex bank discussed risks…
Developments in the external environment is a sizeable risk to macro-economic growth, and outcomes must be monitored carefully in the…
