Search For "bank"
Roopya Launches Next-Generation AI Agents for Loan Origination and Underwr
Updated : 1 year, 2 months ago IST
New Delhi [India], January 9: Roopya, a leading digital lending platform, has announced the launch of its advanced AI-powered agents, setting a new standard in loan origination and underwriting. This breakthrough innovation aims to empower Non-Banking Financial Companies (NBFCs), Loan Servic
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Two-wheelers, tractor volumes to outpace passenger vehicles and trucks in
Updated : 1 year, 2 months ago IST
The volume of two-wheelers (2Ws) and tractors will grow at a compounded annual growth rate (CAGR) of 13 to 15 per cent, outpacing passenger vehicles (PVs) and trucks between financial year (FY) 2025-27, stated a report by Jefferies an investment banks and financial services company.
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Fed officials advocate slowdown in rate cuts: Fed Minutes
Updated : 1 year, 2 months ago IST
Federal Reserve officials expressed concern about inflation and advocated a slowdown in rate cuts in their December 17-18 meeting, according to minutes of the meeting.
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Indore Police bust gang involved in bank fraud, six including three bank e
Updated : 1 year, 2 months ago IST
Indore police have busted a gang involved in withdrawing money from customers' current accounts at a private bank by committing account fraud. Six people, including three employees of the bank, were arrested, officials said on Wednesday.
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RBI lifts restrictions on Asirvad Micro Finance, DMI Finance
Updated : 1 year, 2 months ago IST
The Reserve Bank of India (RBI) has decided to lift restrictions placed on Asirvad Micro Finance and DMI Finance, with immediate effect, which was initially imposed in October 2024.
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Maha Kumbh: Devotees bring digital darshan of Triveni Sangam to elderly re
Updated : 1 year, 2 months ago IST
Devotees have started pouring in at the banks of Triveni Sangam here where the Maha Kumbh Mela is set to take place from January 13 to February 26. In a unique blend of tradition and technology, many are seen using video calls to share the divine experience with their elderly relatives wh
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Indian economy expected to grow at 6.8 % in the next fiscal, FY2025-26: Ba
Updated : 1 year, 2 months ago IST
It may be a subdued growth in the current financial year but the Indian economy is projected to grow by 6.8 per cent in the financial year 2025-26, supported by strong high-frequency indicators, according to a report by Bank of Baroda.
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India's per capita nominal GDP to increase by Rs 35k in FY25 despite slowe
Updated : 1 year, 2 months ago IST
Despite a slowdown in real GDP growth and stagnant nominal GDP growth, per capita nominal GDP is expected to rise significantly in FY25, according to a report by the State Bank of India (SBI).
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SBI downgrades India's GDP growth forecast to 6.3% for FY25 after NSO esti
Updated : 1 year, 2 months ago IST
The State Bank of India (SBI) has revised its forecast for India's GDP growth in FY25 to 6.3 per cent, slightly lower than the National Statistical Office's (NSO) estimate of 6.4 per cent.
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Pakistani Taliban issues warning to civilians, targets military-owned ente
Updated : 1 year, 2 months ago IST
In a statement released on Sunday, the TTP vowed to target a range of business ventures operated by the Pakistani military al Jazeera reported. The group specifically mentioned several companies, including the National Logistics Cell, a logistics company based in Rawalpindi; the Frontier Wor
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EXIM Bank raises USD 1 billion through 10-year bond
Updated : 1 year, 2 months ago IST
India Exim Bank (Export-Import Bank of India) has raised USD 1 billion by issuing 10-year bonds in the international market, the bank announced on Tuesday. This makes it the first Indian organisation to issue dollar bonds in 2025.
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RBI announces results of its Hackathon 2024; check award winners
Updated : 1 year, 2 months ago IST
RBI said these innovative solutions have the potential for wider adoption in the existing financial system, but are subject to compliance.
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