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Fintech

IDFC partners with Sa-Dhan to provide digital microfinance solutions to feature phone users

07/12/2022
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Private sector lender IDFC First Bank has partnered with the association of microfinance institutions Sa-Dhan and Delhi-based fintech solutions provider NextGen to provide digital microfinance […]

India’s Largest Retail Finance NBFC is Here – Shriram Finance Limited. Shriram Transport Finance and Shriram City Union Finance are now Shriram Finance

06/12/2022
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Shriram Transport Finance Company, the largest financier of commercial vehicles, and Shriram City Union Finance, the largest two-wheeler financer and leader in micro, small and […]

BFSI
Fintech

India records over 23 billion digital payments worth Rs 38.3 lakh crore in Q3

06/12/2022
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India logged 23.06 billion digital transactions worth Rs 38.3 lakh crore in the third quarter of FY23, stated a report on Monday. These digital transactions […]

BFSI

RBI response sought on PIL seeking uniform banking code for forex transactions

06/12/2022
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The Delhi High Court on Monday sought the response from the Reserve Bank of India on a public interest litigation seeking uniform banking code for […]

SBI’s personal banking advances excluding home loans cross Rs 5 lakh-cr mark

06/12/2022
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State Bank of India’s (SBI)’s non home loan retail book has surpassed the milestone of Rs. 5 lakh crore, growing over Rs 1 lakh crore […]

Paperless home loans may become a reality soon

06/12/2022
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The Ministry of Electronics & Information Technology’s (MeitY) recent push to digitise several new types of contracts may soon make paperless home loans a reality, […]

Centrum Housing Finance to pay Rs 112 crore to buy Natrust’s business

05/12/2022
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Centrum Housing Finance will pay Rs 112 crore to buy the business of National Trust Housing Finance (Natrust). Both the companies have entered into a […]

Banks have ceded UPI space to nonbanking sector: RBI Dy Guv

05/12/2022
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Banks have ceded the unified payments interface space to non-banks, Reserve Bank of India deputy governor T Rabi Sankar has said. Sankar also said the […]