Retail, Small Businesses Lead Indian Credit Demand, IDFC First Bank Says

Retail, Small Businesses Lead Indian Credit Demand, IDFC First Bank Says

The demand for credit in India’s banking sector is coming from retail and, small and medium enterprises, according to V Vaidyanathan, managing director and chief executive officer at IDFC First Bank Ltd. As India’s GDP reaches...

Finance Minister says India's growth resilient despite exogenous threats

Finance Minister says India's growth resilient despite exogenous threats

Finance Minister Nirmala Sitharaman on Wednesday said that despite exogenous threats, India's well-targeted policy mix, accompanied by major structural reforms and sound external balance sheet, have aided its growth to remain resilient. She...

India wins post of Chairperson of ICA's Air Transport Committee

India wins post of Chairperson of ICA's Air Transport Committee

India won a coveted position in the International Civil Aviation Organisation (ICAO) with its representative Shefali Juneja unanimously elected Chairperson of the Air Transport Committee, after 28 years. Union Civil Aviation Minister...

Bajaj Finance of India beats estimates with record Q2 profit

Bajaj Finance of India beats estimates with record Q2 profit

Indian shadow lender Bajaj Finance Ltd (BJFN.NS) reported a record quarterly profit on Thursday, beating estimates on improved demand for loans and better asset quality. Demand for credit has remained strong in India despite a series of...

IKF Finance Assets Under Management Crosses INR 2000 Crores

IKF Finance Assets Under Management Crosses INR 2000 Crores

IKF Finance, India’s prominent Non-Banking Finance Companies (NBFCs) has today announced that its Assets under Management (AUM) has crossed INR 2000 crores.  Mr. V G K Prasad, Founder &Chairman – IKF Group, Ms. K. Vasumathi...

Reliance Retail partners with 50+ traditional sweets makers

Reliance Retail partners with 50+ traditional sweets makers

Reliance Retail, the retail arm of Mukesh Ambani-led conglomerate Reliance Industries (RIL), has entered a distribution partnerships with over 50 traditional, regional sweets (mithai) makers from across India to distribute, mass produce, modernise...

Inflation set to ease, though stubbornly: RBI bulletin

Inflation set to ease, though stubbornly: RBI bulletin

The Reserve Bank of India (RBI) has expressed optimism that headline inflation is set to ease from its September high, albeit stubbornly, on the back of easing momentum and favourable base effects. These observations have been made in the...

India Inc hails Govt's policy initiatives after meeting with FM in Washington

India Inc hails Govt's policy initiatives after meeting with FM in Washington

Indian industry leaders have hailed the Government's efforts towards digitalisation. After meeting Finance Minister Nirmala Sitharaman in Washington on Saturday, representatives of several Indian companies said that many countries aim to...

Apple joins Goldman Sachs to launch high-yield savings accounts for users

 Apple joins Goldman Sachs to launch high-yield savings accounts for users

In a bid to offer more banking services to its users, Apple has partnered with Goldman Sachs to launch a new savings account feature for its Apple Card credit cardholders.  Apple Card users will be able to grow their rewards in Apple...

Finance Minister Sitharaman holds bilateral discussion with Saudi, Netherlands, S Korea, Japan Counterparts

Finance Minister Sitharaman holds bilateral discussion with Saudi, Netherlands, S Korea, Japan Counterparts

Union Finance Minister Nirmala Sitharaman on Wednesday held bilateral meetings with her counterparts from Japan, Saudi Arabia, the Netherlands, and South Korea as part of the Indian efforts to strengthen its economic ties with major countries of...

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