The RBI is expected to transfer a record surplus dividend of Rs 2.7 lakh crore to Rs 3 lakh crore to the govt in FY26, an almost 50 per cent increase YoY, highlighted a report by Front Wave Research, a SEBI-registered Research Analyst.
Lending by MSMEs witnessed robust growth in recent years, with Non-Banking Financial Companies (NBFCs) emerging as the front-runners, outpacing the growth rates of both private and public sector banks, according to CareEdge Ratings.
New Delhi [India], May 15: A Current Account is the financial backbone of any business. Whether you are a start-up, a sole proprietor, or the owner of an established enterprise, having the right Current Account can simplify transactions, improve cash flow management, and offer added value th
The Indian banks will benefit from likely uptick in loan growth as profits have witnessed a rise, according to a report by S&P Global Market Intelligence.
Mumbai (Maharashtra) [India], May 15: A debit card is more than just a payment tool--it offers convenience, security, and seamless access to your funds anytime, anywhere. Whether you're shopping online, making everyday purchases or withdrawing cash from your Savings Account, the right debit
Mumbai (Maharashtra) [India], May 14: AVG Logistics Limited (BSE - 543910, NSE - AVG a leading multimodal logistics solutions provider, is pleased to announce that it has received debt funding approvals of up to approximately Rs112 Cr from two prominent PSU banks. The funds will be utilised
Mumbai (Maharashtra) [India], May 14: PayU, one of India's leading online payments services providers, has announced that it has received the final authorization from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007
Union Finance Minister Nirmala Sitharaman on Friday convened a high-level meeting with the Managing Directors and CEOs of Public and Private sector banks and insurance companies amidst emerging security concerns arising from tensions at the western border.
The State bank of India on Friday announced the divestment of 13.19 per cent of its stake in Yes Bank Limited (YBL) to Sumitomo Mitsui Banking Corporation (SMBC).
Mumbai (Maharashtra) [India], May 8: PayU, one of India's leading digital financial services providers, has strengthened its senior leadership team by appointing Shailesh Paul as the new Chief Executive Officer (CEO) of Wibmo, PayU's paytech division and a leader in payments security and dig
Bangalore (Karnataka) [India], May 7: Vymo, the Sales Engagement Platform trusted by over 350,000 financial sales people globally, has launched CollectIQ, marking its formal entry into the debt collections space. Designed specifically for banks and non-banking financial companies (NBFCs), th
New Delhi [India], May 6: Esteemed NBFC (Non-Banking Financial Company) advisor and Chartered Accountant, Manish Mishra, Founder of GenZCFO, and CA Manoj Singh, today announced the launch of his highly anticipated book, "Sahukari to Digital Lending: A Comprehensive Guide to India's Evolving