Finance News

Poonawalla Fincorp posts record Q2 disbursements at Rs 7,750 crore Meanwhile, it posted a 10 per cent sequential growth from Rs 7,063 crore in the first quarter of FY24

Fund review: SBI Dynamic Bond Fund Fund review: SBI Dynamic Bond Fund

Indian rupee to trade in tight range as RBI keeps intervening: Poll Still, the rupee has been trading close to its record low of 83.29 to the dollar as traders bet against Asian currencies

A 'Slice' of lifeline: Fintech firm to infuse capital in North East SFB To merge Fintech for capital infusion in the bank, lower promoter stake

Muneesh Kapur appointed as RBI's executive director, takes charge Oct 3 He also worked as the Adviser to the Executive Director at the International Monetary Fund from 2012 to 2015

e-Kuber to be functional on March 31 for govt transactions, says RBI Reserve Bank of India’s core banking solution for the government e-Kuber will be functional on March 31, 2024, which is a Sunday. Usually e-Kuber is not operational on holidays like January 26 (Republic Day), August 15 (Independence Day), and October 2 (Gandhi Jayanti), all second and fourth Saturdays ...

Current account deficit widens to 1.1% of GDP in June qtr at $9.2 bn RBI says widening due to higher trade deficit, lower surplus in net services and decline in private transfer receipts

Fintech firms rush to make tweaks as new data protection law looms Fintechs, banks and non-bank financial companies (NBFCs) will have to redraw their contracts with their business partners with whom customer data gets shared

Fund review: HDFC Small Cap fund Fund review: HDFC Small Cap fund

Massive write-offs, low recovery ailing banking sector: Amit Mitra Principal chief advisor to West Bengal chief minister Amit Mitra said on Thursday that massive write-offs in the last nine years and low recovery is presently ailing the banking sector of the country. Speaking at a CII banking session here, Mitra said that in the last nine years from 2014-2023, Rs ...