Embedded finance has the potential to emerge as a cornerstone of India's next phase of financial sector innovation and inclusion, helping democratise access to formal financial services, reduce transaction costs, and deliver personalised solutions at scale, according to a report by global
Shriram Finance Limited (SFL) has entered into a definitive agreement with MUFG Bank Ltd., Japan's largest bank and a part of Mitsubishi UFJ Financial Group (MUFG), for an investment of Rs 39,618 crore, the company informed stock exchanges in a regulatory filing on Friday.
Mumbai (Maharashtra) [India], December 5: L&T Finance Ltd. (LTF), formerly known as L&T Finance Holdings Ltd., one of the leading Non-Banking Financial Companies (NBFCs) in the country, announced its Environmental, Social, and Governance (ESG) rating by CRISIL. The Company achieved an overal
In the financial sector, CCI cleared the proposal by ICICI Prudential Asset Management Company Limited to acquire select businesses of ICICI Venture Funds Management Company Limited.
Pune (Maharashtra) [India], November 22: The financial sector plays a crucial role in supporting India's growth story. As the economy expands, financial institutions, from banks to insurers, are seeing structural shifts in how they operate and grow. The Bajaj Finserv Banking and Financial Se
Pune (Maharashtra) [India], November 18: As an investor, you may already know that India's financial sector extends beyond banks today. Over the years, it has grown to include a wide range of businesses such as non-banking financial companies (NBFCs), insurers, asset managers, and fintechs.
Amid heightened global uncertainty driven by disruptive tariff measures and escalating geopolitical tensions, the Indian economy continues to stand out for its exceptional resilience and remains firm and stable against external headwinds. Central to this resilience is the country's financial
Bengaluru (Karnataka) [India], November 12: India's financial sector continues to evolve with structural shifts across technology, policy, demographics, and social behaviour. These long-term trends, often referred to as megatrends, are reshaping how individuals save, borrow, spend, and inves
Pune (Maharashtra) [India], November 10: The financial sector plays an important role in supporting economic activity. It includes banks, non-banking financial companies (NBFCs), insurance providers, asset management companies, and fintech firms. Together, these entities facilitate essential
The National Conference on 'DigiLocker-Enabling Paperless Access for All' was held this week in New Delhi, bringing together senior government officials, leaders from the technology and financial sectors, educationists, and digital governance experts, a press release said.
Pune (Maharashtra) [India], November 8: India's financial sector has been evolving in tandem with the country's economic progress. The focus has been on strengthening financial intermediation, expanding inclusion, and advancing digital transformation.