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Category : Finance
Yusuff Ali of Lulu Group Clears Loan for Kerala Woman Evicted...
Lulu Group's Yusuff Ali clears the Rs 8 lakh loan of Kerala woman Sandhya, who was evicted from her home. He also provided Rs 10 lakh...
Travel Insurance Covers Pre-Existing Ailments with Extra...
Comprehensive travel insurance with coverage for pre-existing conditions is essential for Indian travelers heading abroad. Learn how...
RBI Imposes ₹28.30 Lakh Penalty on SG Finserve for Non-Compliance...
The RBI imposes a ₹28.30 lakh penalty on SG Finserve for non-compliance with registration conditions, alongside penalties on Arunachal...
UPI Transaction Volume Sees 52% Growth in H1 2024 as P2M...
UPI transactions saw a 52% increase in volume and a 40% rise in value in H1 2024, driven by P2M transactions, as reported by Worldline...
IREDA Reports 36% YoY Net Profit Growth in Q2 FY25 Amid...
IREDA reports 36% YoY growth in net profit for Q2 FY25, driven by strong loan sanctions and disbursements. The green energy financing...
Good Glamm Group Completes Rs 450 Crore Acquisition of...
Good Glamm Group acquires Sirona Hygiene for Rs 450 crore, marking a major cash exit for a D2C startup in India’s FemTech space. Sirona’s...
CreditAccess Grameen Reports Rising Loan Stress and Decline...
CreditAccess Grameen reports rising loan stress with an increase in overdue loans and a decline in collection efficiency to 96.2%...
Rupee Falls Below 84 Against US Dollar Amid FPI Selloff...
The Indian rupee hit a record low, falling below 84 per dollar due to foreign portfolio investor selloff and rising crude oil prices....
US Remains Largest Source of FDI in India as RBI Census...
The US remains the largest source of FDI in India, with FDI inflows growing by 23.3% in 2023-24, according to the RBI's annual census....
Securitisation Volumes Projected to Hit ₹60,000 Crore in...
ICRA projects Q2 FY25 securitisation volumes to reach ₹60,000 crore, driven by private banks’ portfolio sales to enhance credit-to-deposit...
Infosys Expands Partnership with Old National Bank to Drive...
Infosys expands its collaboration with Old National Bank to drive digital transformation using automation and Generative AI technologies,...
Finance Minister Nirmala Sitharaman Praises Indian Financial...
Finance Minister Nirmala Sitharaman praises Indian regulators for transparency, calls for balanced lending by banks, and discusses...