The Enforcement Directorate (ED) has broadens its ambit of investigation against an organized web of 200 fake and shell entities being operated by the accused persons in order to fraudulently receive and pass on fraudulent input tax credit to the tune of crores of rupees to ineligible firms
The IPS officer had headed the investigation into an alleged Rs 1,200 crore scam pertaining to Jalgaon-based Bhaichand Hirachand Raisoni Credit Society during 2020-22.
A research report highlighted that even if the Reserve Bank of India (RBI) announces a rate cut, deposit costs in the banking system are expected to remain high due to the prevailing high credit-to-deposit ratio.
New Delhi [India], October 16: GenZCFO, a premier financial advisory firm, proudly announces the launch of GenZPe, a cutting-edge credit improvement and debt management platform specifically designed for Gen Z and Millennials. Tailored to meet the unique financial challenges faced by today's
New York [US]/ Bangalore (Karnataka) [India], October 15: Scienaptic AI, a leading global AI-powered credit decisioning platform provider, today announced that InPrime Finserv, has chosen its AI-powered platform to enable sharper credit decisions through Scienaptic's AI models and execute on
New Delhi [India], October 15: In the world of fintech, discussion primarily revolves around banking, payments, lending, insurance, regulations and other head-line grabbing sectors. While these sectors do play an important role in the fintech revolution, the often-overlooked sector is the co
Addressing the Sadhana Samavesha public meeting in Sandur Chief Minister Siddaramaiah showered praises on MLA E. Tukaram for for Building 12,000 Houses in Sandur and said Tukaram is a synonym of development.
Mumbai (Maharashtra) [India], October 14: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, along with UGRO Capital, a leading DataTech non-banking financial company (NBFC) specializing in lending to micro, small and medium enterprises (MSMEs), ha
The private credit market's rapid expansion with limited regulation is posing a threat to the overall financial stability of the system, highlighted RBI Governor Shaktikanta Das on Monday.
England captain Ollie Pope commended his team's comprehensive performance after their innings and 47-run victory over Pakistan in Multan. Highlighting the contributions from both the bowlers and batters, Pope reflected on the crucial factors that led to the win.
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Mumbai (Maharashtra) [India], October 11: CRISIL Ltd, the global provider of advanced analytics and credit risk management solutions, has risen 12 places to #37 in the RiskTech100 2025 report published by the London-based Chartis Research this month.