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ASHWIN MANIKANDAN
RBI committee recommends AI framework for finance sectorA Reserve Bank of India panel suggests a plan for Artificial Intelligence in finance. The proposal includes building local AI models and a ...
Pine Labs eyes Asia operations of sinking WirecardAt least four major payment deployers, including Hitachi Payments and Atos-backed Wordline Technology, have made enquiries about its sale, ...
Lenders will have to do a better job, and channels that they use need to evolve: Shahid Charania, MD, EquifaxShahid Charania, managing director, emerging markets,Equifax, discusses how India is going through a shift in credit behaviour with millenn...
Samunnati Financial raises Rs 33 crore via offshore bondsThis is the NBFC's fifth such off-shore debt issuance in the last seven months.
IDBI Bank’s losses triple in Dec quarterThe bank’s provision coverage ratio improved to 75 per cent from 56 per cent in September.
Union Bank is back in blackThe bank believes its domestic growth would remain strong while overseas exposure is being trimmed.
Amdavad Municipal Body raises Rs 200 croreIssuances of municipal bonds have been incentivised by the government to bring transparency and create a discipline in the financial perfor...
Ahmedabad Municipal Corporation raises Rs 200 crore via bondsWith a maturity of five years, the bonds offer an interest rate of 8.7%.
Payments banks see second straight year of lossesThe operating profits of these banks also remained negative with a loss of Rs 522.1 crore for fiscal 2018, up from Rs 240.7 crore a year be...
Complaints with bank ombudsman surge 25% in FY18Of all the complaints received at the ombudsman's offices, 97% of them were resolved in 2017-18, up from 92% a year earlier.
RBI moves to boost digital transactions, protect usersRBI announced reduced consumer liability in case of reported fraudulent digital transactions, and a grievance redressal mechanism for such ...
Satin Creditcare launches digital lending appThe mobile application can be used for availing instant loans of Rs.20,000 of Rs.25,000 with a payback tenure of 9 or 12 months at 25% inte...
Satin Credit’s fund cost up by 75 bpsIt also lends to the affordable housing segment in rural areas and to the SME sector.
Porsche unveils Cayenne starting at Rs 1.19 croreThe SUV will be available in 3 variants: Cayenne, Cayenne E-hybrid and Cayenne Turbo.
Steelmakers bet on demand for tinplate from packaging companies"The use of tin as a mode of packaging has picked up," Jayant Acharya, director of commercial and marketing, JSW Steel, told ET.
Vedanta Resources gets approval to delist from LSEVolcan, controlled by Agarwal as executive chairman, owns nearly 67% in Vedanta Resources.
SBI Card and Apollo Healthcare launch co-branded card offering access to healthcare servicesCard-holders will get OneApollo membership in which customers can access a variety of healthcare services and benefits at any Apollo health...
Barclays Hurun India rich list 2018: Mukesh Ambani retains top spot; 214 new additionsMukesh Ambani, chairman of Reliance Industries, who has been topping the rich list since it was launched in 2012, has retained the position...
SBI announces steps to go carbon neutral by 2030SBI announced a slew of initiatives such as migrating to EVs, installing solar panels on buildings and ATMs, and banning plastic in its off...
Myntra unveils first smart wearable device Blink Go at Rs 4,199The device will help to set personal fitness goals that include activity tracking.