Search For "financial sector"
RBI's FREE-AI guidelines to reduce cost, risk for financial sector, say ex
Updated : 7 months ago IST
The endeavour of the Reserve Bank of India (RBI) to democratise the use of Artificial Intelligence (AI) in the financial sector will open new doors to players as regulator-backed measures such as AI sandboxes, sectoral datasets, and indigenous models can significantly reduce the cost and
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MEA Secy Dammu Ravi chairs round table discusison for infrastructure proje
Updated : 7 months, 1 week ago IST
The official Spokesperson of MEA Randhir Jaiswal in a post on X said, "Secretary (ER) Dammu Ravi chaired a round table discussion with financial sector stakeholders in Mumbai today to explore innovative financing mechanisms for infrastructure projects in the Global South"
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Mortgage loans by NBFCs, AHFCs to grow at 17-19% and 20-22% over next thre
Updated : 7 months, 1 week ago IST
ICRA forecasts a significant expansion in retail mortgage-backed loans provided by non-banking financial companies (NBFCs) and housing finance companies (HFCs).
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Delhi LG approves inclusion of banking, NBFCs and gas supply under Public
Updated : 7 months, 1 week ago IST
The proposal, submitted by the Law Department of the Government of National Capital Territory of Delhi (GNCTD), cited a growing number of disputes in the banking and financial sectors as well as gas supply services in the city. It recommended their inclusion under "Public Utility Services" t
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India's high-tech innovation and UK's structuring expertise to benefit fin
Updated : 7 months, 1 week ago IST
As India and the UK formally signed the Free Trade Agreement (FTA), NSE CEO Ashish Chauhan highlighted how the partnership combines India's strength in high-tech financial systems with the UK's expertise in financial structuring and long-term fund management.
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Netenrich Deepens India Commitment with Strategic BFSI Win and New Mumbai
Updated : 7 months, 1 week ago IST
Mumbai (Maharashtra) [India], July 24: Netenrich, a leader in outcome-driven security operations, today announced a new customer engagement with Nuvama Group (NSE:BSE - Nuvama), one of India's leading Wealth Management firms. This engagement, focused on transforming security operations, coin
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Crafting Bharat - S2, powered by AWS Startups and an initiative by NewsRea
Updated : 8 months ago IST
New Delhi [India], July 15: India has rapidly emerged as one of the world's fastest-growing FinTech markets, ranking third globally in the number of FinTech companies and accounting for 14 percent of domestic startup funding. Fueled by technology-driven innovation, this vibrant ecosystem
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Brankas and Gimasys Deliver Open Banking Solution for Vietnam's Financial
Updated : 8 months, 3 weeks ago IST
Hanoi [Vietnam], June 24: In the context of Vietnam's digital economy making a strong breakthrough, Brankas officially announced a strategic partnership with Gimasys - the leading open financial technology company in Southeast Asia. This strategic combination will bring a comprehensive, safe
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Nadcab's Modern AI Algorithms Unlocking Sustainable Gains in the Financial
Updated : 9 months, 2 weeks ago IST
New Delhi [India], May 30: Artificial Intelligence (AI), which was once seen as a futuristic concept, is now invading the decision-making processes of finance. Due to robust AI development methodologies used by a well-known AI development company, Nadcab Labs, AI algorithms can now be capabl
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Massive crackdown: ED raids multiple locations in Jaypee Group fraud case
Updated : 9 months, 3 weeks ago IST
In a major development shaking the real estate and financial sectors, the Enforcement Directorate (ED) on Friday launched extensive searches in an alleged fraud of approximately Rs 12,000 crore involving prominent real estate firms, including Jaypee Infratech, Jaypee Associates Limited, and
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Yubi's Report Reveals 79% of Loans Now Reach Tier 2/3 Cities as Partnershi
Updated : 10 months ago IST
New Delhi [India], May 14: Yubi, the world's only tech company powering the entire debt lifecycle, today released its Annual Partnership Lending Report for FY 24-25, offering a deep dive into the evolving landscape of co-lending, securitization, and 100-0 partnership lending models in India'
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Nirmala Sitharaman reviews banking sector preparedness amidst tension at b
Updated : 10 months, 1 week ago IST
Union Finance Minister Nirmala Sitharaman on Friday convened a high-level meeting with the Managing Directors and CEOs of Public and Private sector banks and insurance companies amidst emerging security concerns arising from tensions at the western border.
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