Aditya Birla Group is set to pump in Rs 1,250 crore into its financial services arm Aditya Birla Capital Ltd. The board of Aditya Birla […]
Tag: finance
Watch out for rising risk appetites among Indian banks, says Fitch
The rapid rise in loans and high exposure to certain asset classes may affect the risk profiles of Indian banks as it indicates a greater […]
Jana Small Finance Bank raises ₹1,200 crore to refinance holdco debt
Bengaluru-based Jana Small Finance Bank’s (SFB) holding companies have raised around ₹1,200 crore of fresh debt from shareholders TPG Capital and Singapore’s sovereign wealth fund […]
Manappuram Finance launches digital money lending app
Seeking to tap into the growing digital lending sector, Kerala-based Manappuram Finance Ltd has launched Ma-Money, a new digital lending platform. The objective of introducing […]
Crypto transfers to private wallets to now face identification checks
The no-questions-asked regime used by money launderers to freely move cryptocurrencies to ‘private wallets’ is about to end. India’s crypto exchanges are working on a […]
Capital Small Finance Bank eyes Rs 14,000 crore of total business in FY24
Capital Small Finance Bank Limited is looking at its total business rising over Rs 14,000 crore by the end of current financial year on the […]
Banks need to improve digitalisation and keep vigil on stressed asset: MoS Finance
Minister of State for Finance Bhagwat K Karad on Monday said banks need to focus on digitalisation and keep a vigil on stressed loans. Bank […]
LIC Housing to focus on LAP, intensify its recovery efforts
LIC Housing Finance (LIC HF) will expand its branches in new geographies, increase focus on high-yielding loan against property (LAP) and intensify recovery efforts as […]
Government tightens rules on global credit card transactions by Indian travellers abroad
n a move that could weigh on personal expenses of wealthy Indians on foreign trips, including for gifts, the government has ended a key relaxation […]
Poll freebies to hurt long-term growth, say experts
The freebies promised by the Congress party that swept the Karnataka polls could spur competitive populism in the build-up to the 2024 general election, experts […]