NBFCs step up used car funding as EVs catch on
Non-banking financial companies (NBFCs) are stepping up the funding of used cars, seeing it as a growth driver over the ...
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Tag: bfsi
FinMin permits 22 finance cos to undertake Aadhaar-based verification of clients
The Finance Ministry has allowed 22 financial companies, including Amazon Pay (India) and Hero FinCorp, to undertake Aadhaar-based authentication of ...
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Finance ministry sees G-sec yields on downhill trek
The finance ministry expects the yield on government securities - which dropped below the 7% mark for the 10-year paper ...
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Global finance dominated by few currencies, need to de-risk by diversifying, says RBI DG T Sankar
A handful of currencies currently dominate global finance, and there is a need for de-risking by diversifying the international currency ...
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Money transfer: RBI mandates complete info about originator, beneficiary
The Reserve Bank on Thursday instructed banks and other financial institutions to ensure cross-border as well as domestic wire transfers ...
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HDFC Bank likely to open over 600 branches in semi-urban, rural areas in FY24
HDFC Bank is likely to open more than 675 branches in semi-urban and rural geographies across the country, reported Reuters, ...
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Temasek set to invest $130 million in Niva Bupa for a minority stake
Singapore's state investment firm Temasek has emerged as the front-runner to buy a minority stake for $120-130 million (about ₹985-1,070 ...
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RBI’s credit on UPI plan can create a win-win situation for all
India’s financial inclusion will soon add another successful case study. This time, the second iteration of India’s financial inclusion program ...
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Willing to tie up with NPCI; GoI has been vital catalyst: Alfred Kelly, executive chairman, Visa
Visa Inc is open to cooperating with even the National Payments Corp of India (NPCI) as it looks to expand ...
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Centre confident of meeting FY23 fiscal gap target of 6.4%
The Centre is expected to achieve the FY23 fiscal deficit target of 6.4% of gross domestic product (GDP) despite a ...
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