Budget 2026
Budget 2026: Towards a More Selective, Infrastructure-Led Credit Cycle
Budget 2026 shifts focus from subsidies to infrastructure, but success will hinge on execution and last-mile credit delivery.
Banking
Business News
Is India Doing Enough to Fuel NBFC Growth?
According to RBI data, credit growth to NBFCs decelerated sharply to 7.8 per cent in November 2024, down from 19 per cent a year earlier.
Business News
How Cloud Technology will Transform the Banking Industry
The Indian cloud services market, valued at USD 8.3 billion in 2023 and projected to grow to USD 24.2 billion by 2028, is currently dominated by international providers. With this initiative, the RBI seeks to boost domestic players and enhance India's digital sovereignty.
Business News
Data Analytics Specialist Transforms e-Commerce and Banking with Advanced Data Science
With over 14 years of experience in data science, Sundriyal leverages advanced machine learning models and analytical frameworks to solve some of the most complex problems in driving product profitability, customer engagement, digital transformation and financial P&L forecasting.
By Anita Pandey
Business News
Cedar-IBSi Capital Eyes to Back 10 to 15 Startups in BFSI Sector
The fund primarily aims to target early-stage startups in the BFSI sector (banking, financial services, and insurance), investing in seed to Series A rounds.
Business News
SBI to Expand Instant Loan Scheme for MSMEs, Eyes 600 New Branches by Year End
Customers only need to provide their PAN and approve the use of GST data to receive loan approval in as little as 15 to 45 minutes.
Business News
Driving Financial Inclusion: NPST’s Role in India’s Digital Revolution
The digital ecosystem in India, especially in Finance has seen growth due to various factors. The government's push towards mass digitalization, increase in internet penetration, and digital transformation enablers help integrate these technologies.
Business News
PNB Housing Finance Reports 25% YoY Increased Net Profit to INR 433 Crore
In the first quarter of FY25, PNB Housing Finance Limited demonstrated robust performance across various metrics, reporting a net profit of INR 433 crore
Business News
HDFC Bank’s Gross Advances Reach INR 24.87 Lakh Crore in the Q1
HDFC Bank's gross advances increased by 52.6 per cent year-on-year (YoY) to INR 24.87 lakh crore in the quarter ending June 30
Business News
Exploring Transformative Potential Of Blockchain In Banking And Financial Services
Blockchain solves very critical part of the problem which is identification, reliance on information, and accessibility to newer ways of differentiating data that was not accessible.
Business News
5 BaaS Platforms To Transform India’s Financial Services In 2023
Banking as a service (BaaS) enables banks to integrate digital banking services with non-banking businesses, empowering fintech and other nonbanking companies to offer banking services such as debit cards, loans, and payment services.
Business News
Trustt Brings Out First-Major GPT Product Suite For the Banking Industry
Trustt GPT will comprise of three products, namely Conversational Product Inquiry, Conversational Customer Support, and Conversational Origination Workflow.
Business News
Joe Biden Says US Banks Are In ‘Pretty Good Shape’: Report
As per the report, Biden last week expressed confidence the worst of the turmoil roiling the U.S. banking system had passed
By Teena Jose
Business News
The Rise and Fall Of Chanda Kochhar; a Banking Empress
Who once was revered as one of the most powerful Indian women is now sadly a not-so-small chink in the armor for ICICI Bank and the banking sector of the country
Business News
PSBs To Set Up Single National Helpline: Report
This comes against the backdrop of a large number of complaints by customers over non-operating helpline numbers of several branches of PSBs in India
By Teena Jose
Business News
India Has Second-Largest Workforce For Citi, Says Ashu Khullar
As per reports, Citi is hiring around 5000 people every year for its service centre in India, including sophisticated artificial intelligence and machine learning jobs
By Teena Jose
Business News
SBI Launches Exclusively Dedicated Branch For Startups
The branch will leverage the large presence of SBI in market by bringing synergy among all entities and various departments of the bank to offer one-stop solution to these corporates and startups
By Teena Jose
Business News
Fintech Drives Innovation Ecosystem In India, Says Rajeev Chandrasekhar
The minister of state also said that crypto as a means of payment is the logical extension of fintech
By Teena Jose
Business News
Credit Cards Likely To Be Linked With UPI In Two Months
This comes in line after the announcement of RBI governor, Shaktikanta Das, on the allowing of linking the credit cards to UPI to facilitate payments
By Teena Jose
Business News
Cashfree Payments Receives RBI Nod For Cross Border Payments Product
The products will enable Indian fintech companies to offer the purchase of shares, exchange-traded funds units and other assets listed on foreign exchanges via UPI or net banking as a feature to Indian investors
By Teena Jose
Business News
Fintech Startup Backspace Tech Raises $450,000
The fund raised will be utilized to strengthen the technology stack, team expansion and for go-to-market
By Teena Jose
Business News
Mewt Raise $4.6 Million In Seed Capital
The company will use the fund to expand its team and launch its super-card, along with empowering a million small businesses in India by the end of 2022
By Teena Jose
Business News
Open API: What’s Next?
Can it accelerate the Tech led innovation in the BFSI sector?
By Anil Sinha
Business News
Give Some Credit To the Masses
Catering to the credit starved should be the way forward
Business News
Freo Crosses 1 Million Customers; Targets 2 Million By December
In the last 12 months, Freo grew its customer base by 300 per cent to cross the million customer landmark in March 2022
By Teena Jose
Business News
Scaling by Staying Banking & Accounting Focussed
Achuthan looks to increase head count, on-boarding more SMEs and tap newer markets
By Deepa Vaidya
Business News
Innovating ‘Cashfree’ Alternatives
Cashfree Payments is also looking to expand and establish itself in south-east Asia, Africa and the middle-east