NBD Emirates, Mizuho Bank eye KKR’s stake in Avendus Capital
Japan’s Mizuho Bank and Dubai’s government-owned NBD Emirates are frontrunner to take over KKR’s stake in Avendus Capital. The two
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Category: Banking & Financial Services
Chandra Shekhar Ghosh: Accidental banker, incidental businessman
Bank licences hold immense sanctity across the world and particularly so in India. The regulator has been eternally picky on
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Paytm clarifies status of licensing process amid recent speculations
In a blog published on its website Paytm has issued a clarification on reports that speculated on the deferral of
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RBI issues draft norms for offline payment aggregators, moots ₹15-cr net worth
Reserve Bank of India has issued two draft directions on regulation of Payment Aggregators (PA), pertaining to physical Point-of-Sale (PoS) activities
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Indian consumers vulnerable to illegal loan app scams: report
It’s alarming to note that one-third of high-confidence customers in India have limited knowledge about their digital loans, and lack
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Kotak restores services after outages hit digital transactions
Kotak Mahindra Bank Ltd. restored services late on Monday after difficulties with its computer servers saw customers complain about problems
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Aditya Birla Group’s financial verticals to grow 10-22% in 3-5 years
Aditya Birla Group’s key financial verticals, under Aditya Birla Capital, are expected to grow at a CAGR of 19-21 per
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Aditya Birla Capital applies for PPI licence to open wallet under new ABCD platform
Aditya Birla Capital, under its newly-launched D2C platform Aditya Birla Capital Digital (ABCD) has applied for a PPI (Prepaid Payment
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Mutual fund assets soar 35% to record ₹53.4 lakh crore in FY24
The mutual fund assets surged by ₹14 lakh crore or 35 per cent year-on-year to a record ₹53.40 lakh crore
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India’s growth aids SBI’s loan growth, asset quality, profitability: S&P Global Ratings
S&P Global Ratings has forecast that State Bank of India’s weak loans (non-performing loans or NPLs, and restructured loans) will
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