"Rural farmers in India who never had a relationship with the banking system, are now able to transact all their businesses on their smartphone. They pay their bills, they receive payments for orders," Dennis Francis said.
Mumbai (Maharashtra) [India], August 1: Akme Fintrade (India) Ltd, a BSE and NSE listed non-banking finance company (NBFC) focusing on vehicle and business loans in rural and semi-urban geographies, has reported significant growth in its financial results for Q1 FY25 and is pleased to announ
Mumbai (Maharashtra) [India], July 31: NSEIT, a leading provider of advanced digital transformation and cybersecurity services focused on global customers in capital markets, insurance, and banking, today announced that it has been positioned as a 'Major Contender' and 'Star Performer' in Ev
Gurgaon (Haryana) [India], July 30: WhizHack, a vertically integrated ecosystem security pioneer, today announced it has raised USD 3 million as Pre-Series A funding round by existing investor, SAAA Capital, Singapore, at a valuation of over USD 100 million. Founded in November 2020, WhizHac
Ahmedabad (Gujarat) [India], July 30: Prudent Corporate Advisory Services Limited (Prudent), one of India's leading diversified financial services groups, announces that its Assets Under Management (AUM) have surpassed the 1 Lakh Crore mark as of July 26, 2024. Prudent becomes the 2nd non-ba
Mumbai (Maharashtra) [India], July 29: NPST, a leading provider of digital banking and payment technology solutions provider, listed on the NSE SME exchange, has reported its strongest-ever quarterly performance in Q1 FY 2025, with a 202.96% growth in net profit and a 142.2% increase in net
New Delhi [India], July 29: NIIT Institute of Finance, Banking and Insurance (NIIT IFBI), a subsidiary of NIIT, today announced the launch of the "ACE Banker Program" in collaboration with HDFC Bank, India's largest private sector bank. A key component of NIIT's Talent Pipeline as a Service
For the first time, the total net profit of the banking sector crossed Rs 3 lakh crore in FY24, with all bank groups achieving a return on assets (ROA) greater than 1 per cent.
Private sector banking major, ICICI Bank has posted a net profit growth of 14.6 per cent year-on-year (YoY) in the first quarter of financial year 2025 (Q1FY25), reaching to Rs 11,059 crore.
The hybrid vehicles in India including CNG and other alternative vehicles will be more successful in the medium term as compared to the electric vehicles, highlights a report by UBS, an investment banking firm.
Pune (Maharashtra) [India], July 25: In today's world, achieving financial freedom is more crucial than ever. However, with the increasing cost of living and volatile economic conditions, focusing on long-term financial goals can be challenging. To address this, Bajaj Finserv AMC introduces