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Finance

India gave a nod to foreign investment amounting $1.79 billion from neighboring countries

Newsdesk -
India on Wednesday has said that it has given a nod to foreign investment worth $1.79 from neighboring countries. Earlier in April 2020, India had...
Finance

Digital payments in India powered by Payment Aggregators

Newsdesk -
The digital payment industry in India is growing at a fast pace. The statistics by the Reserve Bank of India have revealed that the...
Finance

Xpedize is acquired by Fintech Saas company Clear

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Xpedize, a supply chain finance firm Xpedize has been acquired by Fintech SaaS firm Clear, formerly known as ClearTax. Xpedize will be now known...
BFSI

Private Banks may outgrow PSBs in 2022

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As per the Fitch Ratings, large private banks are expected to maintain the decade-old trend of acquiring market share from state banks, whose growth...
Finance

Proposed digital currency (CBDC) by RBI to speed up transactions

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As per the report of Deloitte, the proposed Central Bank Digital Currency (CBDC), which will be issued by the Reserve Bank of India, will...
Finance

Life insurers report robust growth in February

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Life insurance companies have reported robust growth in the month of February, after displaying muted growth in January due to the third wave of...
Finance

LIC gets Sebi approval to launch IPO

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Market regulator Sebi has approved the LIC IPO, a most awaited IPO by India. The approval was given within 22 days of filing. As...
BFSI

IRDAI proposed third-party motor insurance for FY 2022-23

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The Insurance Regulatory and Development Authority of India (IRDAI) has proposed third-party motor insurance premium rates for cars, electric vehicles, two-wheelers, and other transport...
Finance

Share of small loan rises through small finance banks

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The small finance banks that were established about four years ago are strengthening as they get 8 percent incremental market share while their overall...
Finance

Banks increases share of commercial vehicle loans

Newsdesk -
Private Banks have increased their share of the commercial vehicle business since its growth remains sluggish as the economy has lost steam. Finance companies...
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