Mumbai (Maharashtra) [India], July 15: Kotak Bank announces the latest enhancement of its Kotak811 Banking App, boasting a revamped user interface for a truly intuitive experience. The app is poised to transform UPI transactions and other essential banking features, opening the door to a wor
Ahead of the upcoming Union Budget scheduled to be presented on July 23, the Non-Banking Financial Company (NBFC) sector is expecting enhanced financial inclusion, and reinforcing digitalization efforts to sustain the sector's growth.
Mumbai (Maharashtra) [India], July 13: Shriram Finance, a leading name in the financial services sector, is now offering fixed deposit plans designed to meet the financial needs of senior citizens. This initiative comes at a pivotal time when the financial security of the elderly is becoming
Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a Core Investment Company (CIC) from a Non-Banking Financial Company (NBFC).
State Bank of India (SBICAPS) report titled "Indian Economy: Maintaining Momentum on a Deteriorating Global Pitch" observed a positive demand momentum in major sectors of the economy.
Bangalore (Karnataka) [India], July 10: Vymo recently concluded its much-anticipated event, Nudge, at the prestigious Taj Lands End in Mumbai, gathering over 300 industry leaders, experts, and visionaries from the banking and insurance sectors in India. Themed 'Change is here,' Nudge highlig
New Delhi [India], July 9: When choosing a fixed deposit scheme, the interest rate is one of the crucial factors to consider. The math here is simple - the higher the interest rate offered, the higher your returns. But how much does the interest rate affect your investment? How is the intere
New Delhi [India], July 9: In a significant move set to bolster its strategic capabilities, Tourism Finance Corporation of India Ltd (TFCILTD), a notable Non-Banking Financial Company (NBFC), has announced the appointment of two distinguished professionals, Deepak Amitabh and Dr Mahabaleshwa
Singapore, July 9: Azentio Software ("Azentio") - a leading end-to-end software company specializing in the BFSI sector, has today announced its acknowledgement as global market leader across 3 categories by IBS Intelligence in the IBSi Sales League Table (SLT) 2024. Leading the way in the I
The securitisation market in India witnessed robust growth with the volume reaching at around Rs 45,000 crore, in the first quarter (April-June) of 2024, highlights a report by Crisil.
Investment banking company Goldman Sachs expects the central government to stick to the announced fiscal deficit target of 5.1 per cent of GDP for 2024-25 in the upcoming Budget to be tabled on July 23 and announce further consolidation to a deficit of below 4.5 per cent in 2025-26.
The key reforms brought in over the past decade were Jan Dhan; Digitization, financial inclusion; recapitalisation of PSBs; API-based banking; Insolvency and Bankruptcy Code; GST; and platform business models, among others.