Bengaluru (Karnataka) [India], August 26: Tookitaki, a global leader in anti-financial crime technology, is set to revolutionise the Indian financial sector by introducing its groundbreaking FinCense platform. Designed for both fintech and traditional banks, FinCense stands out as one of the
Pune (Maharashtra) [India], August 24: Bajaj Markets, a leading financial services marketplace, has partnered with some of the top banks and companies to offer a variety of credit cards. These cards are designed to enhance the shopping experience by offering rewards, discounts, and exclus
The gold loan market in India is on the cusp of substantial growth, driven by rising per-gram gold rates and increasing customer demand. Currently, the market is predominantly controlled by the unorganized sector, which holds a 63 per cent share, while organized players, including banks and
Union Finance Minister Sitharaman on Thursday directed RRBs to become more customer-friendly and leverage their local connect to further improve performance.
Bangalore (Karnataka) [India], August 22: IBSFINtech, India's leading enterprise TreasuryTech solution provider, is thrilled to announce its entry into the SME segment with the launch of their specialised SaaS TMS Solution, InnoTreasury™ for the Small and Medium Enterprises (SMEs) o
The new offering allows consumers to link their credit lines from banks to the Unified Payments Interface (UPI) on the PhonePe platform, enabling seamless merchant payments and providing a new dimension to the digital payment ecosystem.
The gap between credit growth and deposit growth at Indian banks is largely driven by households shifting their savings to relatively high-return investments, said Tusharika Aggarwal, a dividend forecasting research analyst at S&P Global Market Intelligence.
New Delhi [India], August 21: In the modern era of plenty of Finch solutions, businesses need smarter payment solutions that are efficient and innovative. Traditional banks often fail to meet the dynamic needs of modern businesses as businesses grow and digital transactions become commonp
The credit growth in the Indian banks will continue to be more than the deposit growth, a report by the 'Axis Securities' has said while also noting that bank deposit growth will pick up in the coming quarters.
During deliberations on the deposit mobilisation, the Union Finance Minister stated that while the credit growth has picked up, mobilisation of deposits could further be improved to fund the credit growth sustainably