The hiring boom in India's services sector is likely to continue in the third quarter, with 73 per cent of employers willing to increase their resource pool
Murugappa group's financial services unit says bad loans are down and it expects AUM to grow 25% this financial year
Loans to be offered to both retail and developers; funds being raised amid 13% expansion in loan portfolio over six months to September
Interest expenses of listed firms (ex-BFSI) were up 18.5% YoY in Q2FY23
CIFC's total income increased by 22 per cent from Rs 2,481 crore during the second quarter of 2022-23 from Rs 3,038 crore during the same period last financial year
Senior bureaucrat Vivek Joshi on Tuesday took charge as the Secretary of the Department of Financial Services (DFS) under the Ministry of Finance. Joshi replaced Sanjay Malhotra who is slated to take over as Revenue Secretary. Prior to this appointment, Joshi, a 1989 batch IAS officer of Haryana cadre, was the Registrar General and Census Commissioner under the Ministry of Home Affairs. DFS keeps a tab on the functioning of banks, financial institutions, insurance companies and the National Pension System.
The last time four IPOs had hit market was in Dec 2021; latest rush notwithstanding, year 2022 has been lukewarm for IPOs with sustained FPI outflows, spike in volatility, correction in broader mkts
Although some number of complaints is expected from such a large financial system, the concerning fact is much of the complaints pertain to traditional banking
Xiaomi India said it will continue to bring the latest technology and innovation for all with "our products and services in the future"
Reliance Industries will demerge its financial services business and list as a separate entity. Will a fast-growing consumer and merchant loan book be enough to impress shareholders? Let's find out
A successful fintech loans platform draws upon what the Bank for International Settlements calls a self-reinforcing "DNA loop," shorthand for data, network and activity
Seeks to revise order of preference while placing reinsurance business
We have built significant digital and physical infrastructure to cater to the credit needs of MSMEs (micro, small and medium enterprises) in the semi-urban and rural areas
Shareholders of RIL will receive one equity share of JFS of face value Rs 10 for one fully paid-up equity share of Rs 10 held in RIL.
Bottomline misses estimates, net revenue jumps 37.3 per cent YoY to Rs 2.3 trillion; to list financial services arm
To ensure financial inclusion, banks are opening specialised branches to deliver digital banking products and services. These paperless branches are called digital banking units. Here's more
The selling dragged the BSE Financial Services index by 4.7 per cent in the last two weeks of September.
Asha is a qualified chartered accountant (CA), and Parthasarthy is a Financial Services industry veteran
Company raised $22 million in funding in March earlier this year at a valuation of $120 million
Experts had pointed out that in light of these directions against one entity, recovery activities of NBFC sector could get impacted as a majority of NBFCs rely on outsourced agents for loan recovery