Banking & Finance

Innovation to replace a live video session with customer's selfie Mumbai-headquartered IDfy, one of Asia's leading Regulatory Technology companies, and HDFC Securities, one of India's leading stock broking companies, are to work together for fully digitising new investors' onboarding journey...

Raising rates would not be the option for RBI, says Sood After a tough first quarter, a strong level of activities in construction-related business, consumer durables like air-conditioners, refrigerators and other electrical gadgets, and rural segments of the fast moving...

ICRA sees more than Rs.1.2 lakh crore securitisation volume for FY2022 Securitisation volumes by non-banking financial companies (NBFCs) and housing finance companies (HFCs) are estimated to have surged ~2,3x on Y-o-Y basis in Q1 FY2022 at Rs.17,500 crore of its...

Both sides agreed to continue talks on India-UK FTA The Indian corporate bond market and the UK-India financial services relationship were discussed at the inaugural meeting between the the United Kingdom and Indian officials as part of the India-UK Financial...

Mumbai Metro gets global cashless expertise Mastercard, Mumbai Metro and Axis Bank has jointly launched ‘One Mumbai Metro Card’, to ensure contactless and cashless travel for Mumbaikars, using expertise from global markets like Singapore, Sydney and London which offers seamless...

Investors continue to reinforce their confidence in Indian real estate Globally-linked property consultants JLL believes more REIT listings will be slated for 2022 and beyond in India, which has over 285 million sq ft of REIT worthy office assets that...

India's prepaid card market expects CAGR of 40.5% between 2021–2026 Nium, a leading global payments platform from Singapore, has signed a definitive agreement to acquire Wirecard Forex India Pte Ltd, a foreign currency exchange, pre-paid card and remittance service provider...

Kathuria links banks, developers, sellers and buyers Fintech startup Easiloan Techno Solutions Pvt Ltd has launched an application for home buyers with connection to leading banks and financing institutions. It is housing finance industry’s first Artificial Intelligence (AI) technology-based selection...

India needs further trade policy action India’s relationship with China is at a crossroads. Despite political tensions at the country's northern border, China is India’s second largest export market (following the US) and India’s number one import market, according to...

Joint production facilities in India will supply to local and global markets India Glycols Limited (IGL: IN), (IGLY: IN), a leading company in the manufacturing of green technology-based chemicals and Clariant, a globally focused, sustainable and innovative specialty chemical company...