FY26 MFI Outlook: Hurting-but-hopeful; Recovery Likely in 2H
Ind-Ra-Mumbai-7January 2025: India Ratings and Research (Ind-Ra) has revised the outlook on the microfinance (MFI) sector to deteriorating from […]
Edelweiss Financial Services Limited announces Rs 2,000 million Public Issue of Secured Redeemable Non-Convertible Debentures (NCDs)
Mumbai, January 07, 2025: Edelweiss Financial Services Limited (“EFSL”/ “Company”), today announced the public issue of Secured Redeemable Non-Convertible Debentures (“NCDs”) of
India Ratings FY26 NBFCs Outlook: Mettle Being Put to Test, Yet Again
Ind-Ra-Mumbai-7January 2025 India Ratings and Research (Ind-Ra) has maintained a neutral sector outlook and a Stable rating Outlook for non-bank
Increasing bank account activity among affluent driving surge in financial management tools: CRED Money
India’s affluent class is experiencing unprecedented levels of financial activity, with the median individual managing over 434 peer-to-peer banking transactions
Tamilnad Mercantile Bank bets big on NRI customers with launch of Global NRI Center
Tamilnad Mercantile Bank (TMB), one of the premier scheduled commercial Banks announces the launch of a dedicated Global NRI Center
RBI removes supervisory restrictions against Arohan Financial Services
The RBI on January 3 removed supervisory restrictions against Arohan Financial Services. On October 17, 2024, the Reserve Bank of
SBI survey snows rural poverty decline
Overall, poverty levels now stand in the range of 4-4.5%. The sharp decline in rural poverty ratio is on account of higher consumption growth in lowest 0-5% decile with significant Government support, the survey said.
VFS Capital Ltd seeks small finance bank permit
VFS Capital, previously known as Village Financial Services Private and headquartered in West Bengal, was incorporated in 1994 as a non-deposit taking non-banking financial company-microfinance institution (NBFC-MFI).
Former PM Manmohan Singh cremated with full state honour
Manmohan Singh ia credited with kicking off the reforms era in Indian economy back in 1991
Ex-PM Manmohan Singh, architect of India’s economic reforms, dies at 92
NEW DELHI: Former prime minister Manmohan Singh, the architect of India’s economic reforms, died here on Thursday night. He was