Category: Banking & Financial Services

CRISIL upgrades Poonawalla Fincorp’s long-term bank facilities and NCDs to ‘AAA/Stable’

Posted on April 26, 2023 by filesadmin

CRISIL Ratings upgraded its rating on the long-term banking facilities and non-convertible notes of Poonawalla Fincorp Ltd (PFL) to AAA/Stable

RBI notifies Adoor Co-operative Urban Bank as a non-banking Institution

Posted on April 25, 2023 by filesadmin

The Reserve Bank of India (RBI) has revoked the banking license of the Kerala-based Adoor Co-operative Urban Bank Ltd and

Bank of Maharashtra’s Q4FY23 net profit soars 136%

Posted on April 25, 2023 by filesadmin

Bank of Maharashtra (BoM) has reported its highest ever quarterly net profit at ₹840 crore, with a minimal boost to

IndusInd Bank posts highest ever quarterly consolidated PAT of ₹2,043 crore

Posted on April 25, 2023 by filesadmin

IndusInd Bank’s Quarterly net profit crossed the ₹2,000 crore mark for the first time in the fourth quarter, with the

IndusInd Bank to apply for insurance licence

Posted on April 24, 2023 by filesadmin

IndusInd Bank is set to approach IRDAI for a license to operate in the insurance industry. In a press conference

Onramp.money plans to launch crypto in local currencies

Posted on April 24, 2023 by filesadmin

Onramp.money, a financial platform for buying and selling cryptocurrencies and accepting crypto payments, plans to launch local currency cryptocurrency. The

Alphabet-backed fintech Aye Finance logs 56% growth in AUM in 2022-23

Posted on April 24, 2023 by filesadmin

Aye Finance, a young non-bank finance company, He said his loan book grew by 56 per cent in 2022-23 to

RBI looks askance at co-lending arrangements

Posted on April 23, 2023 by filesadmin

after getting off strongly on banking and financial technology partnershipsIt became syndicated lending structures that caught the attention of the

IIFL Finance fully repays its maiden $400 million dollar-bonds issue

Posted on April 22, 2023 by filesadmin

Fairfax-backed IIFL Finance said on Friday it has paid in full its first $400 million bond issue due in April

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