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BANKBAZAAR PROFIT
Pine Labs’ Navin Chandani steps down as president, CBO of issuing businessThe resignation is effective April 6, 2026, and no successor has yet been named. In his resignation letter, Chandani said he is leaving to ...- Bankbazaar’s FY25 revenue up 34% led by credit card distribution, losses down to Rs 23 croreOn an adjusted Ebitda basis, the company is back in the black with Rs 4 crore in profits. The company’s auditors pointed out that the reven...
- Nifty up 13% from April’s low. How should mutual fund investors alter their investment strategy?With Nifty 50 rising nearly 13% from April’s low to 25,001, experts advise mutual fund investors—especially those with a long-term horizon—...
- SGB vs Sensex: Ahead of gold bond redemption, which one shines brighter?The RBI has set the redemption price at Rs 6,132 per gram which is a 128% (Rs 3,448) premium over the issue price of Rs 2,684 per gram, the...
- BankBazaar.com hopes to breakeven this fiscal; to file DRHP for IPO next yearThe company expects to soon launch co-branded credit cards on UPI, he said, adding that this is going to accelerate revenue as demand for c...
- Equity investors must diversify asset class to optimise I-T exemption benefits. 5 ways to do itIf you can help it, sell your equity funds or stocks after one year. Second, use the exemption of Rs 1 lakh to your advantage. You can prof...
- Income Tax Planning for FY24: Equity investors can save on their payouts by following these tips“If you invest right, even after the tax liabilities, the returns may be good enough to help you create wealth. Equity as an asset class ha...
- BankBazaar.com to turn profitable in FY23; to go for IPO by next calendar: Founder CEO Adhil Shetty"We are happy that we are growing profitably and we have delivered 85 per cent year-on-year top line growth in Q2FY23. We had annualised re...
- BankBazaar to hire 1500 new employees in FY23BankBazaar plans on hiring 1500 new employees split across domains as it looks to expand its portfolio of existing co-branded credit produc...
- BankBazaar adds equity shares worth Rs 109 crore to Esop poolThe statement says the company posted a strong recovery in 2020 and is now poised to close this financial year with operational month-on-mo...
- BankBazaar to hire 500 people by March, roll out salary hikes from JanuaryBankBazaar, which recently announced that its revenues are back to 70 per cent of the peak pre-COVID-19 revenue, plans to scale up its digi...
- BankBazaar raises Rs 45 crore in ongoing funding round led by WSVIncluding this latest round of funding, BankBazaar has now raised about $116 million, across multiple rounds.
- Average ecomm salary hikes set to go down in 2019Compensation experts Aon, Willis Towers Watson and Mercer estimate average hikes at India’s ecommerce and startup companies in 2019 to be b...
- MyLoanCare to expand operations, focus on digital effortsStarted five years back, MyLoan-Care has already processed close to 14,000 loans till March 2018 and has successfully helped disburse aroun...
- Big equity mutual fund investors to gain mostRetail investors in large equity mutual fund schemes stand to gain the most from Sebi's decision on Tuesday to cut the fees they pay to MFs...
- Investors in large equity MFs to gain most from lower feesIn some cases, the investors would be able to save up to 70 basis points
- PolicyBazaar, BankBazaar rein in costs to turn profitable in the coming financial yearEtechaces Marketing and Consulting, which owns insurance marketplace PolicyBazaar and loans and credit cards marketplace Paisa Bazaar, saw ...
- Fintech companies like BankBazaar promise smarter profits from mutual fundsBankBazaar will use robo-advisory technology, which entails minimal human intervention in financial advice, to help customers invest in the...
- Meet the alternative lending startupsA new crop of online lenders needs to prove that their businesses are more than an online flash-in-the-pan.
- BankBazaar.com launches 'One Loan Two Homes' programUnder this scheme, the company will contribute Rs 1,000 to Habitat for Humanity India on every home loan disbursed between 1 Jan - 31 Mar, ...
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