New Delhi [India], August 16: Laxmi India Finance Limited (formerly known as Laxmi India Finance Private Limited), a leading Non-Banking Financial Company (NBFC), has announced its financial results for the quarter ended June 30, 2025, delivering robust growth across key performance metrics,
Generative Artificial Intelligence (AI) has the potential to improve banking operations in India by up to 46 per cent, according to a report by the Reserve Bank of India (RBI).
Gurugram (Haryana) [India], August 13: slice, which aims to build India's most loved bank, today unveiled its second UPI-powered physical branch in Gurugram, bringing its technology-forward banking philosophy to northern India. The launch follows the groundbreaking debut of India's first UPI
New Delhi [India], August 12: NUQI Digital Wealth, Dubai UAE, a DFSA-regulated firm based in Dubai International Financial Centre (DIFC), has successfully completed its debut investment banking transaction--a USD 20 million, three-year bilateral facility--on June 27, 2025. The deal, executed
Reflecting a structural shift in India's Global Capability Centers (GCC) landscape, the Banking, Financial Services, and Insurance (BFSI) sector emerged as the leading contributor to GCC leasing activity in April-June 2025, accounting for 44 per cent -- its highest-ever quarterly share --
Consumer loan growth in India appears to have bottomed out, and a faster recovery is expected with the moderation in credit costs in the coming quarters, noted a recent report by the global financial services firm Morgan Stanley.
Bengaluru (Karnataka) [India], August 9: The American Academy of Financial Management® India (AAFM® India), a globally recognized leader in financial certifications, has signed strategic Memorandums of Understanding (MoUs) with ABBS College (on August 5, 2025) in Bengaluru and Jain
Mumbai (Maharashtra) [India], August 7: Pantomath Capital today announced the appointment of Kamraj Singh Negi as MD & CEO (Investment Banking). Kamraj joins from DAM Capital, along with his core team, including Siddharth Shah and Sharad Dhariwal. Notably, all three were part of the seni
Mumbai (Maharashtra) [India], August 7: SMFG India Credit (SMICC), a leading non-banking financial company and a wholly-owned subsidiary of Sumitomo Mitsui Financial Group (SMFG), has been assigned a Long-Term Foreign Currency Issuer Rating of 'CareEdge A/Stable' by CareEdge Global. This
Mumbai (Maharashtra) [India], August 6: IDFC FIRST Bank announces the launch of RemitFIRST2India, a next-generation digital remittance platform that allows Non-Resident Indians (NRIs) to send money to their families in India quickly, securely, and with zero transfer fees. NRI customers of ID
Mumbai (Maharashtra) [India], August 6: Axis Bank, one of the largest private sector banks in India, today announced the launch of an industry-first feature - 'Lock FD', designed to protect customers' term deposits from rising digital frauds. This innovative feature, available on the Bank's
The rising demand in India's retail credit market has opened new opportunities for Non-Banking Financial Companies (NBFCs) to expand their investor base, according to a recent report by Crisil Intelligence.