Search For "banking"
RBI imposes monetary penalty on three NBFCs for non-compliance with direct
Updated : 1 year, 6 months ago IST
The Reserve Bank of India (RBI) has imposed monetary penalties on three non-banking financial companies (NBFCs) for regulatory lapses and non-compliance with various RBI directives.
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Annapurna Finance, British International Investment, and FinReach Solution
Updated : 1 year, 6 months ago IST
New Delhi [India], September 13: Annapurna Finance Pvt. Ltd., one of India's leading Non-Banking Financial Companies and Microfinance Institutions (NBFC-MFI), has entered into a landmark partnership with British International Investment (BII), the UK's development finance institution and imp
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FinDoc Finvest, NBFC Arm of FinDoc Financial Services, Launches Digital Le
Updated : 1 year, 6 months ago IST
New Delhi [India], September 12: FinDoc Finvest, the Non-Banking Financial Company (NBFC) arm of FinDoc Financial Services, is pleased to announce its entry into digital lending in India with the launch of short-term personal loans. This strategic move marks a significant milestone in FinDoc
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Domestic firms to lease 60-65 million sq ft office space by 2025: CBRE rep
Updated : 1 year, 6 months ago IST
Domestic companies have been responsible for nearly 47 per cent of office leasing activity from 2022 to H1 2024, marking a departure from the traditional dominance of global corporations, particularly American firms.
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Max Life Partners with CSB Bank to Offer a Comprehensive Range of Life Ins
Updated : 1 year, 6 months ago IST
New Delhi [India], September 10: Max Life Insurance Company Ltd. ("Max Life" / "Company") announces a strategic bancassurance partnership with CSB Bank ("CSB"), a premier private sector bank in India. Through this partnership, Max Life and CSB Bank are offering a range of savings, protection
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Finacus Solutions and pi-labs Unveil World's First Deepfake-Proof eKYC Sol
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], September 10: Finacus Solutions, a leader in innovative banking technology, and pi-labs.ai, a pioneering AI-based deepfake detection startup, proudly announce a strategic collaboration that marks a significant advancement in the e-KYC (electronic Know Your Custo
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L&T Finance Ltd. Wins Fintech for Good - 'Champions of ESG' Award at t
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], September 9: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, is delighted to announce that it has been conferred with the Fintech for Good - 'Champions of ESG' Award at the Global Fintech Fest (GFF) 2024 hel
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IDEMIA survey reveals a significant growth trend for digital cards in Indi
Updated : 1 year, 6 months ago IST
83 per cent of respondents access their digital cards via Google Pay, while 72 per cent use banking apps on Android devices. Looking ahead, 87 per cent of respondents are keen on adopting digital payment cards within the next three years, reflecting an ongoing shift towards digital solutions
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The Future of Savings Is Here: Kotak811 Super Savings Account
Updated : 1 year, 6 months ago IST
New Delhi [India], September 9: To make premium banking even more accessible and valuable for all, Kotak811 has launched the Kotak811 Super Savings Account. It offers a flat 5 per cent cashback on all Debit Card spends, along with a host of stellar features. Kotak811 Super is a great proposi
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Education loans to remain among fastest-growing segments for NBFCs: Crisil
Updated : 1 year, 6 months ago IST
Education loans, primarily those to fund courses overseas, will continue to be among the fastest-growing segments for non-banking financial companies (NBFCs) because of rising demand for higher education, said Crisil Ratings.
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SATYA MicroCapital Limited Secures Rs 500 Cr (USD 60Mn) Debt Funding from
Updated : 1 year, 6 months ago IST
New Delhi [India], September 7: RBI-registered NBFC-MFI SATYA MicroCapital Limited has once again secured Rs 500 Cr (USD 60Mn) from Sumitomo Mitsui Banking Corporation (referred as SMBC hereafter), a renowned Japanese multinational financial services institution under Sumitomo Mitsui Financi
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Private credit market in India sees robust growth in H1 CY2024 with USD 6
Updated : 1 year, 6 months ago IST
The momentum seen in H1 CY2024 has already outpaced the deal flow of the previous year, showcasing the growing interest and activity in the private credit sector.
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