“Overall trend to witness strong volatility and uncertainty will continue to prevail in the short run,” Bagkar said.
Muthoot Finance is planning to increase its non-gold loan mix to 20% in the next 3-5 years from 15% currently,…
Smaller players may find it hard to meet the Rs 2 crore networth norm.
Currently, financial services platform Credilio offers a secured credit card in partnership with SBM Bank. The platform is working with…
In the last 12 months, the fintech industry has grappled with enhanced regulatory oversight. The RBI’s recent directive asking bellwether…
The app provides over 100 new credit card options from lenders like Axis Bank, HDFC Bank, and IDFC First Bank.
In FY23, the company had an average of 32,798 on-roll employees. Of these, 29,503 were active on-roll. Its average cost…
The fintech firm warned of job cuts and said it would trim non-core assets as it saw its revenue decline 3%…
The company’s partnerships are primarily aimed at gold loan distribution.
The bank said that it has technically written off loans as a prudent measure and in accordance with its policy.
In a surprise move in April, Ghosh announced that he will demit office after the completion of his tenure.
Average cash withdrawal value rises 6%, micro-ATMs also grow over three times
The company’s outstanding loan portfolio rose a mere 4% y-o-y to Rs 2.9 trillion as on March 31, due to…
The company’s offering includes pre-integrated systems to fuel processes origination, issuance, and collection.
The board of Shriram Finance on Monday, approved the sale of the housing finance subsidiary to Warburg Pincus for Rs…
The housing finance company has 155 branches and an asset size of Rs 13,762 crore. The company has a net…
The Bengaluru-based insurtech company’s solvency ratio fell to 160% in April-December from 190% a year ago.
Experts feel that with the changing regulatory expectations, some organisations may prefer to take calls that would not necessarily align…
