Banking & Finance

ICRA's Gupta says commercial banks face muted demand in overseas market RBI has kept its repo rate unchanged at 4%, and the stance remains accommodative as long as necessary to revive and sustain growth on a durable basis and continue...

Plans to expand new and existing partnerships in health sector​ Punit Soni-led Suki, the leader in voice artificial intelligence (AI) technology for health care, has closed a Series C funding round of US$55 million, led by Santa Monica, California-headquartered March...

Rapid urbanisation has created housing shortfall in Tamil Nadu, says Konishi The Asian Development Bank (ADB) has signed two US$275 million loans with the Indian Government to support housing for the urban poors in Tamil Nadu and help improve access...

Tata's Talace was the highest bidder for the airline group The Government followed Enterprise Value (EV) bidding approach for strategic disinvestment of Air India and its identified subsidiaries as well as joint ventures (100% shareholding in AIXL and 50% shareholding...

Common Indian has immense trust in Fintech ecosystem Prime Minister Narendra Modi said India's Digital Public Infrastructure solutions can improve the lives of citizens around the world as the country's experts have the tendency to share experiences and expertise with...

Strategic investment will help GFK to leverage GoKhana’s network GRM Overseas Limited (GRM), one of India’s leading basmati rice exporters and a niche consumer staples player, has set up Food Tech Fund to invest in Food Tech companies which strategically...

FinTechs have evolved as major players in the global economy, says Murugesh WNS (Holdings) Limited (NYSE: WNS) has launched WNS FINSIBLE, a suite of banking solutions enabling FinTechs to efficiently streamline, manage and scale operations. FINSIBLE covers the entire end-to-end...

Khalid Khan highlights issues related to shipments via Chabahar port The Indian banking sector as a whole has been trying its best to smoothen the financing processes with Iran, according to UCO Bank MD & CEO Atul Kumar Goel, assuring...

Capacity utilisation is still around 70%, says Sood of the economic recovery India should continue with an accommodative interest rate stance, as long as necessary, to sustain and further pick up the pace of economic growth, so that respite from...

Solounov applauds Annapurna's work on financial betterment of rural livelihoods Deutsche Investitions – und Entwicklungsgesellschaft (DEG), a Germany-based leading development finance institution, has made a US$20 million equity investment in Odisha-based MFI, Annapurna Finance, supporting the latter's success story in...