Even as many industry insiders have expressed concerns over the rapid growth in unsecured loans, merger-bound HDFC Bank is all set to launch open-market, 10-second […]
Category: Enterprise
Centre may see a big jump in RBI dividend in FY24
The Centre is likely to make windfall gains by way of annual dividend receipts from the Reserve Bank of India (RBI), which is estimated to […]
ChrysCapital diversifies into public market investing; hits first close of maiden AIF
After cutting 100 private equity deals in the Indian market in over two decades, homegrown private equity fund ChrysCapital is diversifying into public market investing, […]
NBFCs step up used car funding as EVs catch on
Non-banking financial companies (NBFCs) are stepping up the funding of used cars, seeing it as a growth driver over the next two-three years, especially with […]
Edtech company LawSikho’s revenue doubles in Fy23, adds new vertical
Edtech company LawSikho reported that its revenue doubled to Rs 37 crore in FY 23 in comparison to Rs 18.6 crore the previous year. The […]
Adani Enterprises’ ability to service debt improves
Mumbai: Adani Group flagship company Adani Enterprises Ltd’s (AEL) ability to service its debt obligations has improved significantly as of March 31, 2023, compared to […]
HDFC Bank likely to open over 600 branches in semi-urban, rural areas in FY24
HDFC Bank is likely to open more than 675 branches in semi-urban and rural geographies across the country, reported Reuters, citing a senior bank official. […]
Temasek set to invest $130 million in Niva Bupa for a minority stake
Singapore’s state investment firm Temasek has emerged as the front-runner to buy a minority stake for $120-130 million (about ₹985-1,070 crore) in health insurance company […]
RBI’s credit on UPI plan can create a win-win situation for all
India’s financial inclusion will soon add another successful case study. This time, the second iteration of India’s financial inclusion program is poised to connect millions […]
Willing to tie up with NPCI; GoI has been vital catalyst: Alfred Kelly, executive chairman, Visa
Visa Inc is open to cooperating with even the National Payments Corp of India (NPCI) as it looks to expand its footprint locally, its executive […]