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REVOLVING CREDIT
Credit, savings, insurance next frontiers in financial services: RBI DGRBI deputy governor Shirish Chandra Murmu highlighted extending digital payment success to credit and insurance. Technology must expand for...- AI-led payments will need strong risk checks as trust remains critical: Amazon Pay India CEOAs artificial intelligence increasingly makes digital payments more contextual and automated, strong risk checks will remain critical to ma...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos may rally over 21%, according to analystsWith the US market shedding weight overnight, the probability is high that Thursday will see another day of choppy trading. The best way to...
- Need money urgently? Here's how to choose the right funding option.
- Anthropic delays its IPO plans, listing expected in NovemberAnthropic has delayed its initial public offering marketing to mid-October at the earliest, with completion targeted just before the US mid...
- Anthropic IPO launch shifts toward mid-October, sources sayThe artificial intelligence company had been expected to make its IPO prospectus public as early as next week, two of the people said, a c...
- Anthropic finalising $15 billion pre-IPO credit facilityIn a strategic financial maneuver, Anthropic is set to extend its credit facility to an impressive fifteen billion dollars, with Morgan Sta...
- Arnold Schwarzenegger’s 1984 classic once had a perfect 100% Rotten Tomatoes score; 42 years later, it is still among the best sci-fi filmsThe Terminator film remains a significant science-fiction landmark after forty-two years. This James Cameron directed movie launched Arnold...
- 'Revolver' misfire hits credit card issuers: India's credit card boom sees lower bank profitsCredit card profits are shrinking for Indian banks as spending rises. Customers now use cards more for payments than borrowing, reducing in...
- NBFCs must use AI, strengthen underwriting as credit growth accelerates: RBI Deputy Governor MurmuReserve Bank of India Deputy Governor S C Murmu urged NBFCs to use AI and machine learning tools. He emphasized stronger risk management an...
- GIFT IFSC emerges as international banking hub with $52.82 bn FCNR(B) disbursals: Uday KotakGIFT IFSC banking units are channeling foreign-currency deposits into financing. These units funded fifty-two billion dollars of FCNR(B) de...
- India's banking system liquidity surplus hits over 4.5-year high at Rs 7.76 lakh croreIndia's banking system liquidity surplus has reached its highest point in over four years. This surge is attributed to record forex-inflow ...
- Why West Delhi produces so many entrepreneurs: CARS24 co-founder points to its Partition historyCARS24 co-founder Gajendra Jangid has questioned whether West Delhi has an unusual concentration of entrepreneurs and accomplished professi...
- Jio Financial to launch AI-powered ‘personal CFO’, membership programmeJio Financial Services will launch an AI personal CFO and membership program with an aim to acquire customers cost-effectively through its ...
- RBI proposal to curb NBFCs' revolving credit may choke MSME funding, says industry body FISMEFISME has urged the RBI to reconsider its proposal to bar NBFCs from offering revolving credit, warning that a blanket ban could disrupt wo...
- Don’t Be Shy OTT release date announced: When and where to watch Alia Bhatt-backed movie onlineDon't Be Shy will premiere on Amazon Prime Video next month. This coming-of-age romantic comedy explores young adulthood's confusing and ex...
- Anthropic pre-IPO credit facility set to climb past $10 billionAnthropic is broadening its revolving credit facility past the initial target to prepare for its much-anticipated initial public offering. ...
- View: India needs guardrails around shadow loans, not bansThe RBI’s proposed curbs on flexi loans could reshape how India’s self-employed workers and small businesses borrow. While the move aims to...
- NBFCs seek RBI rethink on revolving credit curbSenior representatives of some of the country's largest NBFCs met on August 14 to discuss the issues they intend to raise with the RBI. The...
- Not much concerned on proposed NBFC norms, revolving credit exposure below 5%: Tata Capital CEOTata Capital's revolving credit exposure remains below five percent of its total lending. The company will submit its feedback to the Reser...
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