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Ananya Birla-promoted Svatantra Microfin files for Rs 3,000 crore IPOSvatantra Microfin has filed for a Rs 3,000 crore IPO, comprising Rs 1,500 crore fresh shares and Rs 1,500 crore OFS. Promoter Ananya Birla...
7 debit cards with complimentary airport lounge access in 2026 that you might not be aware of; 3 are without minimum spend criteriaCredit cards aren't the only way to unlock free airport lounge access. Discover 7 debit cards from ICICI, HDFC, SBI, PNB, IDFC First and Ba...
Advent-backed Svatantra Microfin files for $315 million IPOSvatantra Microfin has filed for an initial public offering worth thirty billion rupees. Existing investors Advent International and Multip...
Motilal Oswal puts Rs 1,500 crore into Inox Clean Energy’s expansionMotilal Oswal Group committed ₹1,500 crore to Inox Clean Energy for growth initiatives. The investment uses compulsorily convertible debent...
Banking sector has key role to play as India on way to become 3rd largest economy: Gujarat CM Bhupendra PatelGujarat Chief Minister Bhupendra Patel highlighted the banking sector's crucial role in India's economic advancement. He urged banks to pro...
Jio Financial shares jump 3% as Bank of America set to acquire 50% stake in Jio Credit for Rs 18,268 croreJio Financial Services shares: Bank of America agreed to acquire up to 49.9% in its lending arm Jio Credit through a Rs 18,268 crore joint ...
Bank of America invests around Rs 18,268 crore for 49.9% stake in Jio CreditBank of America will invest up to $1.9 billion in Jio Credit. This significant foreign investment aims to acquire nearly fifty percent of t...
Bank of America to acquire 49.9% in Jio Credit in potential Rs 18,268 crore dealJio Financial Services and Bank of America announced a significant joint venture agreement. The US banking major will acquire up to 49.9% i...
AI to reshape banking, governance must evolve to curb cyber risk: BCG's Hardik ShahArtificial intelligence is set to reshape India's banking sector over the next decade, but banks, regulators and the government will need t...
ChargeZone, Landmark Cars announce strategic partnershipCustomers purchasing electric vehicles from any Landmark dealership across India will receive charging benefits on ChargeZone's nationwide ...
DBS Bank extends Rs 520-cr credit to K Raheja Corp to develop commercial tower in PuneDBS Bank India has announced a substantial investment of Rs 520 crore for the development of a commercial tower in Pune. Additionally, Cert...
AI in banking must move beyond retail to farms, MSMEs: SBI Chairman SettyIn a recent statement, CS Setty, Chairman of the State Bank of India, underscored AI's transformative potential for the Indian banking sect...
Delhi State Cooperative Bank to venture into financing farmers, artisansInaugurating the programme, Nabin Kumar Roy, Chief General Manager, NABARD, highlighted the critical role of cooperative banks in financial...
As banks shrink microfinance books, bigger MFIs prepare to grab the gapLarge microfinance companies including Muthoot Microfin and Satin Creditcare have raised their growth forecasts as private banks, small fin...
REITs set to gain tax flexibility, cash flow boost under new BillIndian REITs could gain greater tax flexibility under the Taxation and Other Laws (Amendment) Bill, 2026, which allows SPVs to opt for conc...
DPIIT signs 5 MoUs to expand digital, cloud and investment support for startupsThe Department for Promotion of Industry and Internal Trade (DPIIT) has signed five strategic Memoranda of Understanding (MoUs) with indust...
RBI's draft curbs on revolving credit may impact NBFC flexi loans: Morgan StanleyThe Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial c...
CreditAccess India sells 2.28% stake in Grameen to offer investors liquidityCreditAccess India, the promoter of India’s largest pure-play microfinance lender CreditAccess Grameen, has sold a 2.28% stake through bloc...
Formal retail credit access doubles over past decadeIndia’s formal retail credit market has expanded sharply over the past decade, with credit access rising from 35% of consumers in 2017 to 7...
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