finance Archives - Page 5 of 7 -

BFSI

Fintech City will make Tamil Nadu an unparalleled hub in financial technology: Industries Minister

19/06/2023
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The proposed financial technology tower of Fintech City being set up in Chennai is expected to bring in investments worth Rs 1,000 crore in its […]

BFSI

DGGI Gurugram bust fake ITC racket worth Rs 863 crore, 2 held

16/06/2023
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The Gurugram Zonal Unit of Directorate General of GST Intelligence has busted a major fraudulent Input tax Credit (ITC) racket involving 461 fake entities, which […]

Gold loan NBFC Indel Money looks to strengthen presence in western, central India

09/06/2023
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Gold loan non-banking finance company (NBFC) Indel Money has taken the decision to strengthen its presence in western and central India as a part of […]

RBI’s gold reserve up over 40% in five years

08/06/2023
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The Reserve Bank of India’s gold reserves is up more than 40 percent since it resumed purchase of the yellow metal over five years ago, […]

BFSI

EPFO may hire separate consultants for equity and debt portfolios

08/06/2023
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The Employees’ Provident Fund Organisation is planning to hire two consultants to manage its debt and equity portfolio separately, instead of one so far, as […]

Rural India throws NBFCs a lifeline in season of lost momentum

08/06/2023
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Overall loan growth by non-banking finance companies crawled in Q4, growing just 2% annually during the quarter. Both semi-urban and urban sectors reported lower growth […]

BFSI
Fintech

Karbon Card, a B2B payment solution provider, has launched the country’s first mobile-based expense management card.

03/06/2023
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The company said the new card will help startups and small businesses that are constantly facing challenges, causing disruptions in their day-to-day operations and forced […]

360 One Asset raises Rs 2,130 crore for latest private credit fund

02/06/2023
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360 ONE Asset Management (formerly known as IIFL Asset Management Limited) has raised Rs 2,130 crore for its fourth private credit fund, exceeding its initial […]