Economic Times
The credit line on UPI could exceed $1 trillion in transaction value by 2030, according to Zeta. Key drivers include rising credit demand, a shift tow
The investment was made through its consolidated subsidiary MUFG Bank and brings the total investment by MUFG in DMI Finance to Rs 4712 crores (approx
This newly raised capital is to fund category expansion, product development through R&D and innovation, diversification of offerings, enhancing marke
Tata Capital Ltd has applied to the Competition Commission of India for approval to merge with Tata Motors Finance Ltd. The merger, approved by both c
For the June 2024 quarter margins for most non-bank lenders remained under pressure due to increased borrowings and lower fee income. NBFCs saw a mixe
In its efforts to enhance the credit to deposit mix, the Reserve Bank of India sparked intense competition among banks for deposits. HDFC Bank excelle
India's major banks experienced a slowdown in dividend growth after a surge in the previous fiscal year due to rising deposit costs and intensified co
Karnataka Bank and Navi Technologies launched credit lines on UPI under NPCI's initiative. Initially targeting a closed group of pre-qualified users,
NBFCs faced reduced profitability due to high funding costs and competition from banks, Icra reported. The shift towards capital market instruments wa
InsuranceDekho strengthened its leadership by appointing Manish Mahajan, Sonali Mitra, Nishant Gupta, Prashant Kalaver, and Shruti Kapoor to various s
Axis Bank took the lead in credit card terminals within four years. By June 2024, it had 18.7 lakh terminals and a 20.8% market share. It targeted bus
Health insurance GST: Parthanil Ghosh of HDFC ERGO noted that the 18% GST on health insurance premiums has increased costs, affecting affordability. H
Health insurance GST: Parthanil Ghosh of HDFC ERGO noted that the 18% GST on health insurance premiums has increased costs, affecting affordability. H
Health insurance GST: Parthanil Ghosh of HDFC ERGO noted that the 18% GST on health insurance premiums has increased costs, affecting affordability. H
Health insurance GST: Parthanil Ghosh of HDFC ERGO noted that the 18% GST on health insurance premiums has increased costs, affecting affordability. H
Health insurance GST: Parthanil Ghosh of HDFC ERGO noted that the 18% GST on health insurance premiums has increased costs, affecting affordability. H
Health insurance GST: Parthanil Ghosh of HDFC ERGO noted that the 18% GST on health insurance premiums has increased costs, affecting affordability. H
Health insurance GST: Parthanil Ghosh of HDFC ERGO noted that the 18% GST on health insurance premiums has increased costs, affecting affordability. H
GST on health insurance: Finance Minister Nirmala Sitharaman faced calls to remove GST on health and life insurance, stressing these taxes existed bef
GST on health insurance: Finance Minister Nirmala Sitharaman faced calls to remove GST on health and life insurance, stressing these taxes existed bef
