Muthoot Fincorp register highest loan disbursements in FY24
Muthoot FinCorp Limited, has reported highest ever loan disbursements in FY24 with consolidated disbursement at ₹61,703.26 crore, up by 18.60
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Category: Banking & Financial Services
CUB’s feat: 4-digit PAT for the first time
Aided by lower provisions for NPA and a sharp decline in its cost-to-income ratio, Kumbakonam-based City Union Bank, made a
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HDFC Bank exits Protean eGov Technologies; sells entire stake for ₹150 crore
Private sector lender HDFC Bank on Tuesday sold its entire 3.20 per cent stake in Protean eGov Technologies for ₹150
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A potential debt crisis casts an ominous shadow over global economic landscape: RBI bulletin
A potential debt crisis casts an ominous shadow over the global economic landscape, per an article in RBI’s latest monthly
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Insurance market set for competitive premiums under new IRDAI commission norms
The new norms on commission payments to insurance agents and other intermediaries issued by the Insurance Regulatory and Development Authority
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Varthana secures €3 million funding
Varthana, a non-banking finance company (NBFC) in the education sector, has secured €3 million (about ₹27 crore) funding from Triodos
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FSIB sets in motion process to find Khara’s successor at SBI
The Financial Services Institutions Bureau (FSIB) will interview Managing Directors of State Bank of India (SBI) on Tuesday to pick
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Stripe in talks with SBI for a big stake in payments arm
California headquartered payments giant Stripe is aiming at a big bang entry into India’s payments ecosystem and that too through
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Educational lending platform Propelld raises $25 million for NBFC arm Edgro
Propelld, a fintech start-up that offers educational funding, has raised $25 million for its wholly-owned non-banking financial company (NBFC) subsidiary
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Pine Labs receives Singapore Court nod to shift base to India
Payments firm Pine Labs has received approval from a Singapore court to merge its India and Singapore entities, Pine Labs
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