These players, including some bankers, approached RBI on Wednesday (February 14) to clarify the business model to be followed in…
The winter is only for people who have not managed basic fundamentals well, says Goswami
While repo rates will likely be kept on hold for some time, the central bank may shift its policy stance…
Fintechs say that higher costs and a weak technology infrastructure has made the know-your-customer (KYC) process very difficult.
The Reserve Bank of India (RBI) on Thursday proposed to enhance the security of Aadhar-enabled payment system (AePS) transactions.
On Thursday, RBI’s monetary policy committee decided to keep the repo rate at 6.5%, while retaining the stance of withdrawal…
Interview of Sabyasachi Goswami, CEO, Perfios Software Solutions
Fintechs have expressed concern that higher costs and a weak technology infrastructure have made the know-your-customer (KYC) process challenging, especially…
The company’s outstanding loan portfolio grew 5% year-to-year to Rs 2.8 trillion as on December 31. It has attributed the…
The only advantage that SFBs have is access to retail deposits. If you look at the interest rates, cracking the…
The stock slumped 19.99% to Rs 609 on the National Stock Exchange. It fell 20% to its lower circuit limit…
The Reserve Bank of India on Wednesday restricted Paytm Payments Bank Ltd from taking fresh deposits and credit transactions across…
The company’s credit costs rose 112% y-o-y to Rs 328 crore in the December quarter.
The diversified NBFC earned a consolidated net profit of Rs 3,545 crore in the third quarter of FY23. The firm…
Earlier in January, RBI issued a draft framework that lays down broad functions, governance standards, and eligibility criteria for setting…
Overall spends rose 30.4% YoY in December. The average spends per card increased to Rs 16,907, from Rs 16,774 in…
The surge has been attributed to strategic investments in distribution channels, diversified borrowing profile, and a data-centric underwriting model.
The net profit of PNB Housing Finance rose 26% year-on-year in October-December due to a growth in assets under management.
