Category: Banking & Financial Services

Chola MS eyes higher retail health insurance growth with new product launches

Cholamandalam MS General Insurance Co Ltd (Chola MS), a joint venture between the Murugappa Group and the Mitsui Sumitomo Group (Japan), seeks to

The Karnataka State government has temporarily, for a fortnight, withdrawn the order suspending banking activities with the State Bank of

SK Finance, a non-bank lender focused on vehicle finance and business loans, has redrawn its business plans with a focus

The success of some private sector bank in mobilising savings bank (SB) deposits through innovative products and services, including offering

Singapore-based investment platform Syfe has raised $27 million in equity funding from existing investors including Peter Thiel’s Valar Ventures and

The Reserve Bank of India has cautioned non-banking financial company – peer-to-peer (NBFC-P2P) lending platforms that they cannot promote P2P

Non-banking finance companies (NBFCs) will likely see robust growth of nearly 15 per cent in the gold loan business in

Non-banking finance company (NBFC) Aditya Birla Capital is expecting to acquire customers at scale, and generate cross-sell and up-sell opportunities

Deposit insurers can incentivise banks to adopt stronger risk management practices by tying insurance premiums to the level of risk

Forty-three regional rural banks (RRBs) posted a consolidated net profit of ₹7,796 crore in FY24, up 26 per cent from