For India to meet its 'Viksit Bharat' targets, banking assets need to grow at 3.0-3.5 percentage points faster than its nominal GDP, according to a report by Boston Consulting Group (BCG) in association with FICCI and Indian Banks' Association.
"This support has included the provision of financial assistance and facilitation of bank loans. Women involved in these groups have become familiar with banking systems, engaged in the production of goods, and achieved self-sufficiency. Currently, Assam has 4 lakh SHGs with approximately 40
Non-Banking Financial Company (NBFC) Piramal Finance has partnered with BLS E-Services, a digital service provider, to enhance access to formal credit for individuals and MSMEs across rural and semi-urban India.
This agreement, established in December 2024, mandates that Nauru obtain Australia's approval before forming any third-party security alliances, including those related to critical infrastructure such as telecommunications or banking.
The Reserve Bank of India (RBI) on Friday announced the outcome of the underwriting auction held on August 22, 2025, for government securities. According to an RBI press release, Primary Dealers successfully underwrote the entire notified amount of Rs. 6,000 crore for the 5.91 per cent Gover
The Unique Identification Authority of India (UIDAI) has rolled out a new framework to onboard Cooperative Banks and enable them to deliver Aadhaar-based authentication services, giving a strong push to last-mile banking and digital inclusion, the Ministry of Electronics & IT said in a r
Bangalore (Karnataka) [India], August 20: 8byte, the fastest growing enterprise that provides AI infrastructure purpose-built to work in regulated industries, announced a strategic product and implementation partnership with Vespa.ai that will enable significant innovation in transforming ho
Pune (Maharashtra) [India], August 20: In India, the period from August to November is considered auspicious because of the various festivals celebrated during this time, including Ganesh Chaturthi and Diwali. These festivals are believed to bring happiness and prosperity. This positive sent
Mumbai (Maharashtra) [India], August 20: The festival season is always buzzing with excitement--shopping for gifts, decorating your home, and planning special celebrations with friends and family. While these joyful moments bring happiness, they can also stretch your finances if not managed
Bengaluru (Karnataka) [India], August 19: Today at Realize LIVE Asia-Pacific 2025, Mendix, a Siemens business, announced a strategic partnership with CreditAccess Grameen Limited (NSE: CREDITACC) (BSE: 541770) ('CA Grameen'), the country's largest Non-Banking Financial Company-Micro Finance
Mumbai (Maharashtra) [India], August 18: In an era where convenience, personalization, and financial empowerment define consumer expectations, a credit card is no longer just a payment instrument--it's a gateway to a lavish lifestyle. AU Small Finance Bank understands this shift and has craf
Marking a new milestone in the co-operative banking sector, Chief Minister Bhupendra Patel on Sunday inaugurated the fourth branch of The Kukarwada Nagarik Sahakari Bank in Ahmedabad, a press release said.