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ICICI Prudential gets notice for alleged GST liability of Rs 492 crore
  • BFSI

ICICI Prudential gets notice for alleged GST liability of Rs 492 crore

  • 27/06/2023
  • 0

A central agency tasked with preventing the leakage of Goods and Services Tax (GST) revenue has completed its probe into at least six of the […]

ICAI to establish centre for excellence in Kashmir
  • BFSI
  • Education

ICAI to establish centre for excellence in Kashmir

  • 19/06/2023
  • 0

The Institute of Chartered Accountants of India is starting it’s newly formulated course from July this year and plans to set up reading rooms and […]

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

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

  • 19/06/2023
  • 0

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 […]

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

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

  • 16/06/2023
  • 0

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
  • BFSI
  • Enterprise

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

  • 09/06/2023
  • 0

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
  • BFSI
  • Enterprise

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

  • 08/06/2023
  • 0

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, […]

EPFO may hire separate consultants for equity and debt portfolios
  • BFSI

EPFO may hire separate consultants for equity and debt portfolios

  • 08/06/2023
  • 0

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
  • BFSI
  • Enterprise

Rural India throws NBFCs a lifeline in season of lost momentum

  • 08/06/2023
  • 0

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 […]

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

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

  • 03/06/2023
  • 0

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
  • BFSI
  • Enterprise

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

  • 02/06/2023
  • 0

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 […]

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