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RBI Meets Banks & Fintechs to Popularise CBDC Among Customers

   Finance  |     

2024/04/23 15:41 pm

The Reserve Bank of India has met with a few bankers and fintech executives to understand how they can ensure consumer interest in adopting the central bank digital currency (CBDC), according to a ...

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HDFC Bank reports a Net profit of INR 16,511 Crore in Q4

   Finance  |     

2024/04/22 17:16 pm

Mumbai: HDFC Bank on April 20 reported a net profit of INR 16,511 crore for the January-March quarter of the financial year 2023-24, marking a 0.84% jump compared to IN...

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IMF Raises India’s Growth Forecast for 2024-25 to 6.8%

   Finance  |     

2024/04/18 13:15 pm

The International Monetary Fund (IMF) has raised India's growth forecast for 2024-25 to 6.8% from 6.5% on the back of str...

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HDFC Bank’s Gross Advances up 1.6%, Deposits Rise 26% in Q4

   Finance  |     

2024/04/05 11:39 am

HDFC Bank said its gross advances at the end of the March quarter rose 1.6% to INR 25.08 trillion (USD 300.44 billion) from t...

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Indian Companies’ Credit Quality Remains Positive in H2 FY25: CRISIL Ratings

   Finance  |     

2024/04/01 18:09 pm

New Delhi: Crisil Ratings said the credit quality outlook for Indian corporates remains positive for the April-September peri...

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Venture-Capital Firm Accel Announces 8 Startups for India under Atoms 3.0

   Finance  |     

2024/03/28 17:07 pm

Bengaluru: Read...

Pocket FM Raises USD 103 Million Funding from Lightspeed, Others

   Finance  |     

2024/03/21 15:58 pm

Audio entertainment platform Pocket FM has raised USD 103 million (abo...

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Six Small and Medium Enterprises (SMEs) Gears Up for IPO This Month

   Finance  |     

2024/03/12 12:40 pm

The first company to begin bids on this day is Pratham EPC Projects IPO, which is involved in offering end-t...

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Gopal Snacks Ltd. set to redefine the Snacking Industry with its successful IPO

   Finance  |     

2024/03/12 12:38 pm

Gopal Snacks IPO subscribed 9 times on the final day of the offer. The initial share sale received bids for 10,81,08,746 shar...

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Startup for battery tech Lohum raises $14.5 Mn through Series B

   Finance  |     

2024/03/12 12:33 pm

Startup for battery tech Lohum raises $14.5 Mn through Series B
Lohum Cleantech, a producer of renewable energy materials by recycling batteries and repurposing, has raised 119 crore (approx...

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Securitization of loans originated by small finance banks to cross Rs. 10,000 crore in FY2024

   Finance  |     

2024/03/06 19:21 pm

​​​​​​​ICRA expects the number of funds raised through securitization by the small finance banks (SFBs) to exce...

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Higher interest rate increases repayment amount, limits refinancing options for SME borrowers with loans against property: Moody's

   Finance  |     

2024/03/06 14:02 pm

With rising funding cost, the NBFCs have increased interest rates for loans against property (LAP) to small and medium-size enterprise (SME) borrowers, which ...

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