Mumbai (Maharashtra) [India], November 25: After recently acquiring 38 lakh shares worth around ₹71 Cr in Karnataka Bank, ace investor and entrepreneur Aditya Kumar Halwasiya has followed up by buying an additional 45 Lakh shares worth ₹90 Cr on 24 November, reinforcing the view that this is
RCOM is undergoing the Corporate Insolvency Resolution Process (CIRP) under the supervision of the National Company Law Tribunal (NCLT) and the Supreme Court, and is managed by a Resolution Professional appointed by lenders led by State Bank of India.
Small Finance Banks (SFBs) in India have entered a pivotal phase of their evolution, transitioning rapidly from their microfinance institution (MFI) roots into robust, diversified lenders with multi-product capabilities, according to a report by Systematix Institutional Equities.
Bengaluru (Karnataka) [India], November 19: Interestng, a pioneering digital loan marketplace, today announced the launch of three comprehensive product offerings designed to bring in a new set of 1 Lakh + loan agents into India's lending ecosystem for deeper distribution reach through seaml
The Reserve Bank of India (RBI) has approved the reappointment of C S Rajan as Part-Time Chairman of Kotak Mahindra Bank Limited for another term beginning January 1, 2026, until October 21, 2027. The announcement was made by Kotak Mahindra Bank in an official press release, marking a contin
Mumbai (Maharashtra) [India], October 23: Rose Merc Limited, a leading investment and marketing firm, and WTSLN Fintech Private Limited (WhatsLoan), a pioneering TSP-Technology Service Provider in digital lending, today announced the signing of a Memorandum of Understanding (MoU) to collabor
The Indian stock market on Monday ended in green territory after trading higher, driven by upbeat quarterly results from top lenders in the financial sector and a rebound in global risk appetite following signs of easing US-China trade tensions.
Pune (Maharashtra) [India], October 17: Dhanteras marks the beginning of Diwali, and it is celebrated across India to invite prosperity, health, and good fortune. It is also highly auspicious for fresh beginnings, including planning for a future home, as it attracts prosperity and positive e
Mumbai (Maharashtra) [India], October 17: In a significant development for India's banking sector, Central Bank of India (CBI) has successfully completed the first fully digital supply chain finance transaction on the PSB Xchange platform offered by PSB Alliance, a unified multi-lender platf
Pune (Maharashtra) [India], October 15: Bajaj Markets has significantly expanded its portfolio by partnering with multiple business loan lenders, providing business owners with a comprehensive selection of financing solutions.
New Delhi [India], October 14: Buying a house is an important financial step for an individual. One of the most important aspects of applying for a home loan is gathering the right documents to ensure that the approval process is completed on time. If you are a first-time home-buyer, knowi
New Delhi [India], October 7: When you pledge gold for a loan, you are not only parting with ornaments. You are placing trust in a lender with something that carries both emotional and financial value. In return, you expect fairness. And fairness is often reflected in one number: the gold lo