Latest Updates Around The World
Rajiv Naresh, MD and CEO, Navi Navi is sharpening its focus on product depth and institutional scale, MD & CEO Rajiv Naresh said business linewhich outlines a future roadmap for payments, lending and asset management. “The second turning point of our journey is UPI,” Naresh said, pointing to the emergence of Navi UPI as a […]
PhonePe, which has built its scale on the Unified Payments Interface (UPI) with over 657 million registered users, uses payments as a distribution layer rather than a primary source of revenue. | Photo credit: SAMYUKTA LAKSHMI Walmart-backed fintech giant PhonePe is sharpening its financial services operations ahead of its proposed stock market listing as loan […]
Loan disbursements rose 23 percent quarter-on-quarter to ₹1,594 crore, the highest in the last five quarters The focus on strengthening portfolio quality and pursuing calibrated growth in a dynamic operating environment has helped microfinance company Fusion Finance return to profitability. The Warburg Pincus-backed company also improved margins and collection efficiency in the December quarter. Asset […]
In reality, lenders are looking at a much bigger picture. Credit history matters, but so does income stability, existing debt and how you approach the application itself. While there is no guaranteed formula for approval, there are steps you can take to improve your chances without pretending that your finances are impeccable. Here’s what Canadian […]
Topline President Donald Trump appeared to break with Second Amendment advocates who supported Alex Pretti’s legal gun carrying during protests in Minnesota on Saturday. reporters tell Tuesday: “You can’t walk in with guns” when asked about the fatal shooting of Pretti by a Border Patrol agent. U.S. President Donald Trump addresses the media on the […]
Ramesh Babu B, Managing Director & CEO, The Karur Vysya Bank | Photo credit: KSL While private sector bank Karur Vysya Bank achieved record profitability this quarter, the bank says strategic steps it has taken to control cost of deposits, return on funds and steps for better recovery have helped them achieve this milestone. “In […]
BNP Paribas analysts expect reasonable credit growth to translate into earnings growth momentum for banks in FY27 – a key catalyst for rerating | Photo credit: It appears that banks have given a major boost to business growth in the last two weeks of the third quarter (Q3FY26), with the RBI data showing a substantial […]
When your company owes you money If you personally pay the costs on behalf of your company, it will owe you these personally paid business costs. You can be reimbursed tax-free. If you deposit money into your company, the same situation applies: you get money back tax-free. This situation can arise if you need to […]
The fresh capital infusion not only gives the NBFC the firepower to ramp up lending but could also prepare it for a rating upgrade, making it cheaper to raise funds in the future | Photo credit: Reuters With the backing of Japan’s largest banking group MUFG, which is investing ₹39,618 crore in Shriram Finance, the […]
