Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved significant scale in financial inclusion, penetration remains a challenge, with only 25% of payment users being women, and even fewer in semi-urban and rural areas. Many women's mobile numbers a
Bangalore (Karnataka) [India], August 26: In alignment with Allstate Insurance Company's vision of helping customers protect their hopes and dreams, Allstate India has redefined the role of Insurance Global Capability Centers (GCCs). The company now not only delivers exceptional claims handl
Integration of artificial intelligence (AI) into financial services brings significant opportunities for all stakeholders, the Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday.
Pune (Maharashtra) [India], August 24: Bajaj Markets, a leading financial services marketplace, has partnered with some of the top banks and companies to offer a variety of credit cards. These cards are designed to enhance the shopping experience by offering rewards, discounts, and exclus
Bengaluru (Karnataka) [India], August 21: PayGlocal, a leading cross-border payments solution provider, has emerged as a winner in the prestigious Hackathon Sprint13, part of the I-Sprint'23 Longevity Economy Cohort, organized by the International Financial Services Centres Authority (IFS
Mumbai (Maharashtra) [India], August 21: Aditya Birla Finance Limited ("ABFL"), a wholly owned subsidiary of Aditya Birla Capital, India's leading financial services conglomerate and AU Small Finance Bank Limited (SFB), India's largest small finance bank, has announced the launch of Adity
A marked growth is visible in the consumer staple segment, and the trajectory in volume improvement is likely to continue in the coming quarters of 2024-25, says Motilal Oswal Financial Services.
The shares of IndusInd bank surged more than 2.67 per cent after the bank received approval from the Reserve Bank of India (RBI) to establish a wholly-owned subsidiary for undertaking the asset management business of Mutual Funds, the bank informed the exchange in a filing.
India's electronic manufacturing sector requires significant investment in the component ecosystem to ensure overall industry growth, according to a report by Motilal Oswal, a financial services company.
New York [US], August 20: Platonic, a blockchain infrastructure technology company, proudly announces the launch of its cutting-edge decentralized tokenization platform. Developed to empower financial institutions, Platonic's platform enables the tokenization of a wide range of assets wit
Bengaluru (Karnataka) [India], August 19: Spark PWM Private Limited (formerly known as Spark Family Office and Investment Advisors (India) Private Limited), or Spark Private Wealth Management, a subsidiary of Spark Capital Advisors (India) Limited, a two-decade-old mid-market investment b
Noida (Uttar Pradesh) [India], August 14: Max Financial Services Limited has recorded consolidated revenue^ of Rs7,709 crore in Q1 FY25, a 21% growth buoyed by higher investment income. The consolidated revenue excluding investment income at Rs5,235 crore grew by 11% year-on-year during t