India's Yogesh Kathuniya, bagged the silver medal in the men's discus throw F56 final, expressed heartfelt gratitude for the support provided by various government initiatives. While speaking to Narendra Modi, the Prime Minister of India, Kathuniya highlighted the impact of programmes lik
New Delhi [India], September 12: FinDoc Finvest, the Non-Banking Financial Company (NBFC) arm of FinDoc Financial Services, is pleased to announce its entry into digital lending in India with the launch of short-term personal loans. This strategic move marks a significant milestone in FinDoc
China's automotive sector is grappling with a significant revenue decline, with vehicle sales falling for the third straight month in August. Data from the China Association of Automobile Manufacturers (CAAM) shows a 5 per cent year-on-year decrease in new vehicle sales, reaching 2.45 millio
Mumbai (Maharashtra) [India], September 11: Arka Investment Advisory Services Private Limited (AIASPL) has launched their second alternative investment fund - Arka Hreem Real Estate Opportunities Fund ("Fund"). Rohan Builders, a leading real estate & EPC player, joins as the Operating Pa
A survey conducted by industry body FICCI and Indian Banks' Association (IBA) suggested that the outlook for non-food industry credit growth over the next six months is optimistic with 62 per cent of the participating banks expecting non-food industry credit growth to be above 12 per cent.
The penetration of personal loans has seen growth, with increases of 24 per cent in Bihar, 21 per cent in Tamil Nadu, and 20 per cent in Uttar Pradesh in FY'24 compared to the previous year.
The Financial Action Task Force (FATF), the global watchdog for money laundering and terror financing, is considering enhanced disclosures for global credit card transactions and online payment gateways to curb illicit activities, according to government sources.
83 per cent of respondents access their digital cards via Google Pay, while 72 per cent use banking apps on Android devices. Looking ahead, 87 per cent of respondents are keen on adopting digital payment cards within the next three years, reflecting an ongoing shift towards digital solutions
The deposit growth in the country will decelerate to 11.2 per cent YoY in fiscal year 2025, as banks face slower mobilisation of new deposits, highlights a report by B&K Securities.
The momentum seen in H1 CY2024 has already outpaced the deal flow of the previous year, showcasing the growing interest and activity in the private credit sector.