Economic Times
Indian private banks anticipate that loan growth will remain in the "high teens" over the next fiscal year, despite challenges in raising deposits and
"India's time has come both due to its own internal development and hard work of structural improvements over the years," said David Gross-Loh, managi
Today, such exposures are not reported by banks, no risk weight is assigned to the credit, the facilities are not rated, and in a predominant number o
In the initial bidding process, Prudent ARC made an offer of ₹165.6 crore for Katerra India, while JC Flower ARC proposed ₹133 crore for Indrajit
Fico, known for its consumer credit ratings and fraud detection software, recently launched its next-generation CRM (or customer relationship manageme
Edelweiss Alternatives manages several funds spanning performing credit (corporate and real estate), special situations and real assets (infrastructur
The General Insurance Council has introduced an initiative, 'Cashless Everywhere', to facilitate cashless hospitalization for policyholders even in no
Fintech companies in India are poised for significant growth in 2024, leveraging customer-centric strategies and embracing diversity in their operatio
Deputy Governor Swaminathan J of the Reserve Bank emphasized the imperative to bolster governance and technological infrastructure in urban cooperativ
On Tuesday, the Competition Commission of India (CCI) approved the acquisition of 31.27 per cent of additional stake in Religare Enterprises by four e
Hyderabad-based Fintech NBFC, Vivifi India Finance, has successfully secured $75 million in a Series B funding round, combining debt and equity. The c
No Cost EMI, also known as zero cost EMI or interest-free EMI, is a financing option where the cost of a product can be converted into Equated Monthly
Nisus Finance, a real estate credit fund, has infused Rs 60 crore into High Cliff, a late-stage residential development located in Bellandur, Bengalur
However, citing the rising global headwinds and also the higher base coupled with the challenges in deposit mobilisation, the agency said it expects t
Mangaluru-based Karnataka Bank recorded a net profit of Rs 1,032.04 crore for the nine months of the financial year ending December 2023, a 25% YoY gr
The move comes after Bharti Group in October 2023 announced plans to buy out its joint venture partner AXA Group's 49% stake in the life insurance bus
Atul Mehra, the joint managing director at JM Financial Services, has resigned from his position after a 33-year tenure. He is set to join Axis Capita
Over the past one week, some companies acting as agents and marketing intermediaries of insurance companies have received notices under the Benami Tra
At Axis Capital, Mehra will be responsible for overseeing equity capital markets, business operations, mergers and acquisitions, securities markets, r
While talks with ICICI Bank, HDFC Bank, and Axis Bank are ongoing, the finalisation is pending. Among NBFCs, Tata Capital and Aditya Birla Finance are
