New Delhi [India], August 14: Having worked closely with micro, small, and medium businesses (MSMEs) for over two decades, I have seen how transformative the right accounting tools can be in helping businesses streamline billing, avoid losses due to incorrect pricing and other manual errors,
According to the RBI's directive, issued on Wednesday to banks participating in the Cheque Truncation System (CTS) and the National Payments Corporation of India (NPCI), the new system will ensure that cheque processing, confirmation, and settlement take place in near real-time, significantl
The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings.
Bengaluru (Karnataka) [India], August 13: Perfios.ai, India's leading B2B SaaS TechFin, has unveiled CAM AI, an AI-powered credit underwriting platform that is transforming lending operations across banks and NBFCs globally. Tailored for complex credit assessment, CAM AI reduces underwriting
India is set to become the world's most sought-after consumer market, undergo a major energy transition, witness a rise in credit-to-GDP ratio, and see manufacturing gaining a larger share in GDP, according to a report by Morgan Stanley.
UN Secretary-General Antonio Guterres warned Israel and Russia they could be listed for "credible" sexual violence in conflict zones, citing cases against Palestinians and Ukrainian POWs. Both deny the allegations, with Israel calling them "baseless," Al Jazeera reported.
"No chance of getting it discussed means what? What kind of democracy is this? Are these 300 MPs silly people? We have our own credentials. The whole world is watching us. Why is the government afraid of a discussion? We had no option but to walkout," Kumar told ANI.
A bill that introduces a "creditor-initiated insolvency resolution process" with an out-of-court initiation mechanism for genuine business failures to facilitate faster and more cost-effective insolvency resolution was introduced in Lok Sabha on Tuesday.
New Delhi [India], August 12: Inside Edge, a new-age peer mentorship platform, has been launched in India to help students make informed academic and career choices. The platform connects learners directly with verified alumni and professionals who have already navigated the paths students a
Consumer loan growth in India appears to have bottomed out, and a faster recovery is expected with the moderation in credit costs in the coming quarters, noted a recent report by the global financial services firm Morgan Stanley.
Singapore, August 12: Granite Asia today announced the appointment of three new Managing Partners, further strengthening the firm's leadership across equity and private credit. These appointments reflect Granite Asia's continued commitment to deep sector expertise, global perspective, and lo
A single bench of Judge Narayan Prasad Sapkota refused to let Lamichhane out, though he had submitted an application for release in connection with the Butwan-based Supreme Saving and Credit Cooperative fraud case.