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ET Prime Special Series: Multibagger or IBC - Curious case of one stock, two companies. Only one of them makes brakesOn paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction bus...- IT mojo returns pre-Q4 results; Flipkart's AI sprintIT stocks have gained momentum ahead of Q4 results. This and more in today's ETtech Top 5.
- Will FD investors see higher interest rates in coming months despite RBI holding repo rate?Retaining repo rates in succession was a relief for many FD investors who have been depositing for low maturity amounts for some time after...
- Co-branded cards squeeze; Slice’s valuation resetHappy Wednesday! Global economic challenges are casting dark clouds over the Indian consumer lending business. This and more in today’s ETt...
- Delhi HC asks RBI about steps taken to enforce digital lending rulesThe Delhi High Court has directed the Reserve Bank of India to detail its enforcement actions regarding digital lending rules. This comes a...
- Slice SFB aiming to close FY26 in the black; not looking to raise any capitalThe entity, which came out of a surprising merger between the fintech Slice and the North East SFB a few months ago, is adequately capitali...
- Card fintech company Slice receives prepaid pay licence from RBIFintech platform Slice to open minimum KYC PPI accounts for teens as it looks to widen its user base, say sources. The licence is also in l...
- Slice temporarily stops users' cards to adhere to RBI's digital lending rulesFintech startup Slice has communicated to customers that it would stop operation of its cards temporarily next month, as it transitions to ...
- India's digital lending rules spark disruption, firms plan pushbackIndia's digital lending market has grown quickly and facilitated $2.2 billion in digital loans in 2021-22, with startups attracting foreign...
- India's digital lending rules spark disruption, firms plan pushbackIndia's digital lending market has grown quickly and facilitated $2.2 billion in digital loans in 2021-22, with startups attracting foreign...
- SBM Bank delivers a blow to card-fintechs barring onboarding of new usersFintech unicorn Slice has hit pause on new card issuance but acquiring users via UPI and other products.
- Slice flips to term loans from credit line post RBI noteThis is a departure from issuing a revolving credit line to consumers and comes after the Reserve Bank of India (RBI) recently barred finte...
- Slice turns unicorn after raising $220 million from Tiger Global, Insight PartnersPost this funding, the Bengaluru-based startup is valued at over $1 billion—a five times increase since its previous funding round six mont...
- How Pakistan is affected by Greece defaultPakistan will have to share a slice of the burden in the case of a 'permanent default' of Greece — a possibility though not entirely unlike...
- Over-exposure to few large companies risky for banks: KotakUday Kotak said that Indian banks face some 'real' risks from disproportionate exposure to a few large cos, particularly in sectors like in...
- Most PSUs with dollar debt keep liabilities uncovered, may have to change their strategyCompanies with ‘dollarised’ balance sheets will pay the biggest price with the rupee crashing against the US currency.
- Unitech against Morgan Stanley move to sell stocksIn a vibrant loan-against-shares market, builders and promoters raise hundreds of crores from non-banking finance companies.
- EU-IMF approve 3rd payment of Greek funds, with conditionEU and IMF auditors approved on Tuesday the payment of a third slice of rescue funds for Greece.
- Forex kitty shrinks $1.9 b to $281 bnForeign exchange reserves dipped $1.9 billion to $280.9 billion during the week ended January 29, largely on account of revaluation of non-...
- This is vote 'bank' politics at its bestThe IBA has been told to consider earmarking portion of total loan disbursement for minority communities.
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