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NBFC

Tata has requested approval from the Reserve Bank of India (RBI) to bypass the requirement of listing its Non-Banking Financial Company (NBFC)

PJdesk - 20/04/2024 0

The TATA sons NBFC news update: The Tata Group has petitioned the Reserve Bank of India (RBI) for an exemption to forego the obligation of...

FinTech

Jio Financial Services Limited 4th quater result: Company post 310.63cr profit, Net interest income 280cr

PJdesk - 20/04/2024 0

Jio Financial Services Limited quarterly result update: On April 19, Jio Financial Services disclosed a net profit of Rs 310 crore for the January-March quarter...

Bank

The Reserve Bank of India’s proposed regulations for payment aggregators deemed pivotal, timely, and positively received by Experts.

PJdesk - 19/04/2024 0

The Reserve Bank of India Today's latest news from the RBI: The Reserve Bank of India has issued two sets of draft regulations for payment...

News

Markets bounce back! Sensex surges by 600 points, with Nifty ending at 22,150, driven by gains in the banking and financial sectors.

PJdesk - 19/04/2024 0

Markets bounce back! On Friday, the Indian stock indices staged a recovery from their earlier declines following Iran's denial of any retaliation by Israel. The...

FinTech

Paytm receives approval from NPCI to facilitate user migration to new UPI IDs.

PJdesk - 19/04/2024 0

Paytm news update On Tuesday, One97 Communications (OCL), the owner of Paytm, obtained approval from the National Payment Corporation of India (NPCI) to commence the...

FinTech

Airtel Payments Bank introduces interoperable NCMC-enabled debit and prepaid cards: Advantages, acquisition process, and additional details

PJdesk - 19/04/2024 0

Airtel Payments Bank Airtel Payments Bank has unveiled its environmentally friendly debit and prepaid cards enabled with NCMC (National Common Mobility Cards). Through a collaboration...

Insurance

HDFC Life’s fourth-quarter results reveal a 13.7% year-on-year profit increase, surpassing expectations, reaching Rs 411.64 crore.

PJdesk - 19/04/2024 0

HDFC Life's fourth-quarter results: Private sector insurer HDFC Life Insurance reported a fiscal fourth-quarter profit of Rs 411.64 crore on Thursday, marking a 13.7% increase...

Bank

Bank of America’s profit declines due to reduced interest payments from customers

PJdesk - 18/04/2024 0

Bank of America Quarterly result: In the first quarter, Bank of America experienced a decrease in profit as its consumer division weakened and it wrote...

Bank

Morgan Stanley predicts that there won’t be any rate cuts from the RBI this fiscal year.

PJdesk - 18/04/2024 0

Morgan Stanley prediction on RBI monetary policy: Morgan Stanley's economists anticipate that the Reserve Bank of India's Monetary Policy Committee (MPC) might refrain from lowering...

News

The IMF has increased its GDP growth forecast for India in FY25 by 30 basis points to 6.8%.

PJdesk - 16/04/2024 0

IMF on Indian GDP The International Monetary Fund has revised its projection for India's GDP growth in the fiscal year 2025 (FY25). The organization raised...

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