Banking & Finance

Gupta says the partnership focus is on programmes such as MDP and LDP Chennai-based TVS Credit Services Limited and the Indian Institute of Management Trichy (IIMT) signed a Memorandum of Understanding (MoU) to boost innovation, R&D, and collaboration for designing...

Strategy to offer superior risk-adjusted-return for investors, says Mishr Singapore's SCUBE Capital has launched a US Dollar Fixed Maturity Fund exclusively for India's Federal Bank Clients in association with Equirus Wealth, offering offering superior risk-adjusted-return for investors against the backdrop...

This deal will give customers access to more liquidity, says Rajvanshi Global fintech MODIFI has acquired New Delhi-based Seawise Capital’s trade finance and SaaS business in India, which is focus on solving global trade issues for SME exporters in India....

India-US global technology Smart tech group aims for public listing An Indian and US based global technology AIOT and EV OEM brand Smartron has signed an agreement for a US$200 million share subscription facility with Global Emerging Markets Group (GEM),...

PSL can encourage banks to fast-track India's transition to EVs, says Stranger Banks and non-banking financial companies (NBFCs) in India have the potential to achieve an Electric Vehicles (EVs) financing market size of Rs.40,000 crores (US$5 billion) by 2025 and...

The increase in the restructured book has been on expected lines, says Karthik Assuming no adverse disruptions on account of a new wave of coronavirus infections, the return on average managed assets (RoMA) of Retail-Non Banking Financial Companies (Retail-NBFCs) is...

MSMEs are capable of being globally competitive in supply chain There is tremendous potential for Indian engineering MSMEs to be integrated into the Global Value Chain due to their manufacturing cost advantage, B. B. Swain, Secretary, Ministry of MSME, told...

Rs.12,000cr to facilitate RE debt requirement The Cabinet Committee on Economic Affairs has approved on 19 Jan 2022 the equity infusion of Rs.1,500 crore in Indian Renewable Energy Development Agency Limited (IREDA), saying the funding will help in CO2 equivalent...

Basani said the platform allows to approve credit faster New York's Scienaptic, a leading AI-powered credit decisioning disruptor, has announced that ZeroPay is now live on its platform, enabling the Acharya Group's OTT-based BNPL Fintech to make accurate credit decisions...

Insurance industry is undergoing significant transformation, says Agarwal Tech Mahindra has acquired Com Tec Co IT Ltd (CTC) for Euro310 million including earnouts and synergy linked payouts, saying the investment will strengthen its presence in the European markets' cloud-based platforms....