Credit card spends fall 5% in April, pace of new card additions slower
Spends on credit cards moderated in April 2024 from the previous month, declining 4.84 per cent to ₹1.56-lakh crore, according
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Category: Banking & Financial Services
BharatPe, PhonePe settle 5-year long trademark disputes related to ‘Pe’ suffix
BharatPe Group and PhonePe Group have “amicably settled” all long-standing legal disputes pertaining to the use of the trademark with the suffix ‘Pe’,
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Shriram General Insurance posts a 22% rise in FY24 net profit at ₹455 crore
Shriram General Insurance Company has reported a 22 per cent increase in its net profit, reaching ₹455 crore for FY24,
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FPIs gradually loading upon on Indian bonds in the run up to inclusion in global bond indices
Foreign portfolio investors (FPIs) are gradually loading upon on Government Securities (G-Secs) as the date for inclusion of these Securities
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As per management disclosures, Paytm’s loan disbursals rebound from ₹9 billion to ₹20 billion in April 2024: Macquarie
India’s leading payment and financial services distribution company Paytm has something to cheer about from research firm Macquarie report. Following
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RCap administrator requests 90-day extension from NCLT for resolution plan implementation
The administrator of debt-ridden Reliance Capital (RCap) has moved NCLT, seeking a 90-day extension beyond the deadline to implement the
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CoinSwitch: Releases third proof of reserve valued at ₹3,497 crore in total holdings
Crypto platform CoinSwitch has revealed total holdings of ₹3,497.22 crore and user holdings of ₹2,774.10 crore, including cryptocurrencies and Indian
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HSBC acquires 6.125% stake in CCIL IFSC
HSBC, a leading global bank and financial services major, has through its branch in Gift City executed transaction documents to
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IRDAI reduces audit firm term to bolster audit quality
Insurance regulator IRDAI’s new corporate governance guidelines have reduced the engagement period of statutory auditors with insurance companies. Audit firms
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Liminal Custody registers as FIU-IND reporting entity in India
Liminal Custody, a Singapore-based digital asset custody and wallet infrastructure platform, announced the registration of its Indian entity ‘First Answer
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