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Category : Finance
Caution in Venture Capital Funding for AI Startups as Investors...
Venture capital firms in India are becoming selective with AI investments, focusing on startups with strong business models and clear...
Centrum Group Nears Decision on Sale of Housing Finance...
Centrum Group is nearing the sale of its housing finance arm, with discussions ongoing with multiple investors. A final decision on...
Karur Vysya Bank Expands Retail Network with New Branches...
Karur Vysya Bank expands its retail footprint with new branches in Tamil Nadu and Karnataka, achieving a total business of Rs 1,76,138...
UPI Achieves Record 16.58 Billion Transactions Worth ₹23.5...
In October, UPI achieved record-breaking growth, hitting 16.58 billion transactions worth ₹23.5 trillion. Driven by a festive season...
Cashfree Payments Secures PPI Licence From RBI to Expand...
Cashfree Payments has received RBI’s approval to operate as a prepaid payment instrument (PPI) provider, enhancing its digital solutions...
RBI Expected to Cut Rates to 6.25 Percent in December Amid...
The RBI is expected to reduce its repo rate to 6.25% in December, as a slim majority of economists in a Reuters poll anticipate a...
Rising Defaults in Unsecured Loans Pressure Banks to Scale...
Banks are facing rising defaults in unsecured loans, prompting caution in personal lending. With NPAs on the rise, private lenders...
IBBI Introduces Centralized Liquidation Platform to Optimize...
IBBI has introduced a centralized electronic platform for liquidating stressed assets, aimed at improving recovery rates for creditors....
Cashfree Payments Secures Regulatory Approval to Operate...
Cashfree Payments has received regulatory approval from the Reserve Bank of India to operate as a prepaid payment instrument provider...
Finova Capital Secures $135 Million in Series E Funding...
Finova Capital has raised $135 million in a Series E funding round to enhance its loan book invest in technology and expand geographically....
PNB Reports 137 Percent Q2 Profit Surge Plans Wealth Management...
PNB reports 137% rise in Q2 net profits, driven by strong MSME lending and efficient risk management. CEO Atul Kumar Goel reveals...
Jio Financial Services and BlackRock Launch Joint Venture...
Jio Financial Services partners with BlackRock to establish two companies for India’s mutual fund market. With a ₹82.9 crore investment,...