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Metaplanet Raises $66 Million to Strengthen Bitcoin Holdings...
Metaplanet raised $66 million through stock acquisition rights to strengthen its Bitcoin holdings, positioning itself as a leading...
Microlenders' Loan Portfolio Shrinks 2.3% in Q1, Rising...
The microfinance sector's loan portfolio declined by 2.3% in Q1 FY25, reaching ₹4.32 lakh crore, with rising NPAs indicating asset...
RBI's Gold Loan Regulations Likely to Slow Growth and Increase...
A CRISIL report warns that the RBI’s new gold loan regulations may slow growth and increase defaults as lenders adapt to stricter...
RBI Lending Ban on Finance Firms Raises Concerns Over Impact...
India's credit industry faces challenges following the RBI's ban on lending by four non-banking financial companies over subprime...
RBI Report Highlights Decline in Cash Use as Digital Payments...
RBI economist Pradip Bhuyan's study reveals a surge in digital payments, doubling from 2021 to 2024, while cash usage declines. The...
Standard Chartered Opens Exclusive Branch for High Net...
Standard Chartered Bank opens a specialised branch in Mumbai to cater to affluent and high-net-worth individuals, aiming to capture...
Government Accelerates IDBI Bank Disinvestment, Due Diligence...
The Indian government is advancing the disinvestment of IDBI Bank, with due diligence for potential bidders starting in November....
Union Bank CEO Attributes Slow Loan Growth in September...
Union Bank of India's CEO A. Manimekhalai highlights the decline in corporate loan growth and overall lending in the September quarter...
Microfinance Loan Portfolio Shrinks 2.3% in June Quarter...
A new report reveals that the microfinance loan portfolio shrank by 2.3% in the June quarter, while NPAs surged due to over-leveraging....
Pranav Chawda Appointed as CEO of JPMorgan India Banking...
Pranav Chawda has been appointed as CEO of JPMorgan India’s banking unit for three years, following the approval from India's central...
FIU Fines Union Bank of India Rs 54 Lakh for Violations...
FIU imposes a Rs 54 lakh fine on Union Bank of India for failing to report suspicious transactions and lapses in due diligence under...
XDC Network Initiatives Transforming the Web3 Economy Through...
XDC Network is redefining the Web3 economy through innovative accelerator programs aimed at fostering blockchain innovation. With...