RBI bans Babaji Date Mahila Sahakari Bank; Withdrawal cap at Rs 5,000

NS reserve Bank of India Amid the deterioration in the lender’s financial position, several restrictions were…

Banks issue 31.67 crore RuPay debit cards to PMJDY account holders

Banks released 31.67 crore rupay debit card With free accident insurance cover Pradhan Mantri Jan Dhan…

Amazon Pay India’s loss reduced by 18.8% in FY2011

heroine Salary IndiaUS-based e-commerce giant Amazon’s digital payments arm saw its loss narrow It grew 18.8%…

Padmaja Reddy alleges exorbitant salary for new Spandana CEO, seeks curbs on salaries of MFI chiefs

the former Spandana Sphoorti Financial Managing Director Padmaja Reddy, who stepped down last week, alleged that…

Buy now, pay later set to grow more than ten times in India

Market players said India’s buy-now-pay-later (BNPL) industry is booming and is set to grow more than…

Housing finance companies to grow at 8-10% in FY12: ICRA

housing finance companies (HFCs) are likely to see a growth of 8-10 per cent in FY22,…

Former Blackstone India MD Amit Jain joins Carlyle

Amit Jain, Former Senior Managing Director, Blackstone India, has joined the US-based PE firm Carlyle Based…

Don’t want protracted legal battle, need to focus on business: PNB Housing Chief on Carlyle deal pull-out

PNB Housing Finance’s withdrawal from the Rs 4,000-crore Carlyle-led deal was a conscious choice as the…

Finmin to soon initiate process for appointment of MDs, DMDs worth Rs 20,000 cr NaBFID

The Finance Ministry will soon start the process of appointment of Managing Director.Mohamed) and Deputy Managing…

Ola Financial Services to expand insurance business internationally

Ola Financial Services (OFS) – a subsidiary of Ola – looking to expand insurance business Internationally…