Mumbai (Maharashtra) [India], October 8: In a significant milestone for India's financial services sector, Appreciate carried out the first low ticket (Rs. 100) mutual fund transaction on the Open Network for Digital Commerce (ONDC) Network. Appreciate is one of the first buyer apps to go li
Despite over Rs 45,000 crore of monthly investments in India's mutual funds, the Industry's assets under management (AuM) to GDP ratio is much less as compared to the world average says a report by financial services firm Prabhudas Lilladher (PL).
India has agreed to share its expertise in the implementation of digital and financial services and to work in the development of the Digital Public Infrastructure (DPI) through the launch of India's Unified Payments Interface (UPI).
Bengaluru (Karnataka) [India], October 7: Moneyview, a leading financial services platform, is set to strengthen its comprehensive suite of financial services with its latest service offering, Digital Gold, in partnership with India's leading omni-channel jewellery brand, CaratLane. This col
The non-lending financial service companies are better equipped to manage the impacts of rate cuts compared to traditional lending businesses, highlighted a report by Deven Choksey Research.
One of the major investments includes a USD 40 million loan to APAC Financial Services Pvt. Ltd., which will expand lending to low-income and new-to-credit microenterprises across India, providing long-term capital to some of the country's smallest businesses.
Mumbai (Maharashtra) [India], October 3: Northern Arc Capital Limited, a diversified financial services platform, has successfully concluded its Initial Public Offering (IPO) with an overwhelming response. The IPO saw robust participation from institutional investors, HNIs, and retail invest
The demand for personal and vehicle loans, including two-wheelers and four-wheelers, has surged by 12 per cent in the last four months, according to a report by Teamlease Services.
India's quick commerce industry has witnessed remarkable growth, with sales surging by more than 280 per cent over the last two years, according to a report by financial services firm Chryseum.
New Delhi [India], September 27: 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 with Roopya as its technology platform partner. This strateg
Mumbai (Maharashtra) [India], September 27: Firstsource Solutions Limited (NSE: FSL) (BSE: 532809), a leading global provider of specialist domain-led Business Process Services (BPS) and an RP-Sanjiv Goenka Group company, has been positioned as a Leader in the Everest Group's Lending Service
New Delhi [India], September 26: BUSINESSNEXT, a leader in composable enterprise solutions for banks and financial services, has received the "Best Employer for Women" Award at the 5th Diversity & Inclusion Excellence Awards and Conclave-2024 organized by Assocham in New Delhi.