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MERCHANT LENDING DIVISION
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
ET Family Business Awards: Muthoot FinCorp's journey from a modest Kerala based player to a national giantMuthoot FinCorp, a family business with roots tracing back to 1887, has evolved into a nationwide financial services player, earning the ET...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIf you are putting fresh money into the stock market (or even looking to rejig your existing portfolio), it would be best not to react to w...
RMG ban burns a huge hole in ePay firms’ balance sheetsThe ban on real-money gaming (RMG) has triggered collateral damage across India’s fintech ecosystem — and payment aggregators (PAs) are amo...
Pocket FM appoints Suyog Gothi as VP and India headSuyog Gothi was with PhonePe till November 2023, where he headed the merchant lending division and played a key role in scaling up the fint...
BharatPe logs nearly three-fold revenue growth in FY23, trims lossesBharatPe, in a release, said its financial performance for the fiscal year 2023, showcased substantial growth and strategic advancements ac...
Ex-COO Dhruv Dhanraj Bahl latest to exit BharatPeBahl played a crucial role in the restructuring of the organisation post the exit of Grover. He had joined the company in 2020 as the head ...
Home Ministry asks states, UTs to take urgent action against predatory Chinese lending appsIt said a large number of complaints have been reported across India related to illegal digital lending apps that provide short-term loans ...
Paytm rise 3% after reporting 471% jump in loan disbursalsPaytm’s lending entity showcased a 471 per cent growth with 5.5 million loan disbursements. The total loan value for the two months grew by...
Mswipe Technologies announces slew of senior appointmentsRohit Agrawal, the CEO of MCapital has been appointed as the CFO for Mswipe Technologies in addition to his current role. MCapital is the l...
Paytm shares slide as analysts question Q2 resultsShares of One 97 Communications fell as much as 4.6% after Paytm’s net loss widened in the July-September quarter due to a rise in expenses...
Diamond trade to meet bank body to clarify stand on funds via LoUsThe trade will also urge the banking lobby group not to restrict fund flow to the sector that comprises a large number of medium and small ...
Paytm's senior vice president Krishna Hegde quitsMonths after he was appointed to head the company's lending business, Paytm's senior vice president Krishna Hegde has quit the Noida-based ...
Usha Martin mulls selling either steel or wire rope businessThe total debt burden stood at Rs 3800 crore including Rs 500 crore in working capital.
HDFC Bank elevates seven senior executives in bid to retain talentHDFC Bank has elevated 7 senior executives to group heads of various businesses as it tries to groom talent and protect them from being poa...
Flipkart to arrange easy working capital loans for vendors to ensure loyaltyEasy working capital loans — that’s the carrot Flipkart is holding out to its 80,000 merchants to stay loyal and stay active.
FirstRand Bank eyes break-even by next fiscal-endFirstRand Bank India is hopeful of reaching the break-even point in its commercial banking services in India by next fiscal.
- Sandeep Jain joins Morgan Stanley's Private Wealth Management
Morgan Stanley appointed Sandeep Jain as a private wealth advisor for its Private Wealth Management division. Jain joins the firm from Ambi...
- Climb SMEs by helping them grow
In 1993, when SME (small and medium enterprise) was yet an unknown term in the Indian context and smaller businesses were known as SSIs or ...
- Credit Suisse bets big on India, to acquire NBFC
Credit Suisse is on an aggressive growth path in the country. The bank is in the process of acquiring a non-banking finance company (NBFC) ...