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RBI Imposes ₹5 lakh penalty on Muthoot Housing Finance for Non-Compliance

RBI Imposes ₹5 lakh penalty on Muthoot Housing Finance The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹5,00,000/- (Rupees Five...

Jio financial services approved by RBI to convert into Core Investment Company

RBI approves Jio financial services' conversion to core investment company Jio Financial Services has received approval from the Reserve Bank of India (RBI) to transition...

Indiabulls Housing Finance Ltd has rebranded itself as Sammaan Capital Ltd.

Indiabulls Housing Finance Ltd. rebrands as Sammaan Capital Ltd Indiabulls Housing Finance Ltd has undergone a significant transformation, rebranding itself as Sammaan Capital Ltd. This...

JM Financial to consolidate holdings in debt syndication and distressed credit businesses

Over the past 15 years, JM Financial Group has gained significant expertise and built strong relationships in both the wholesale and distressed credit sectors. JM...

Matrix Partners India rebrands to Z47 in global renaming initiative

Matrix Partners India Rebrands to Z47 Starting July 1 US-based investment firm Matrix Partners’ Indian arm will rebrand as Z47 starting July 1. This change...

According to RBI data, growth in private corporate sector sales slowed to 4.7% in FY24

RBI Data Reveals Slowdown in Annual Sales Growth for Listed Private Non-Financial Companies to 4.7% in FY24 The Reserve Bank of India's (RBI) data indicates...

RBI Reports Increase in NBFC Borrowing from Banks Despite Higher Risk Weights

NBFC news Despite higher risk weights, borrowings by non-banking financial companies (NBFCs) from banks increased to 22.6% as of March 31, 2024, up from 19.8%...

UGRO Capital successfully completes equity capital raise of INR 1,265 Crore

UGRO Capital Completes Equity Capital Raise UGRO Capital Limited, a leading DataTech NBFC specializing in MSME lending, has completed an equity capital raise and allotted...

UGRO Capital successfully completes equity capital raise

UGRO Capital Limited Completes Successful Equity Capital Raise UGRO Capital Limited, a leading DataTech NBFC focused on MSME lending, today announced the successful completion of...

UBS asset management and Planet Tracker report on how energy transition solutions affect nature.

UBS asset management and Planet Tracker Release Report on Integrating Nature into Energy Transition Solutions In a new report titled "Climate Meets Nature," UBS Asset...

Akme Fintrade to Raise ₹132 Crore via IPO, Opens for Subscription on June 19

Akme Fintrade to Raise ₹132 Crore Through IPO Akme Fintrade (India), a prominent non-banking finance company, is set to raise ₹132 crore through an initial...

Goldman Sachs: Why the Fed is still cautious about inflation

Goldman Sachs: According to Goldman Sachs inflation may not be cooling as quickly as some investors may think, says Anshul Sehgal, head of US Interest...
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Flipster reveals Middle East expansion plans and appoints regional leadership to bolster crypto trading

Flipster, a global cryptocurrency trading platform, announced its expansion into the Middle East region with the appointment of a regional head to drive innovation...

Afrik tests world-first voting platform to decide Africa’s green future

The Afrik Foundation officially begins the global test phase of its groundbreaking digital platform, Afrik. Designed to revolutionize infrastructure financing, Afrik empowers individuals worldwide to participate...

Regulatory tightening cools index options surge; Signs of stabilisation emerge: ICRA

Rating agency ICRA highlighted that trading activity appears to be stabilising in index derivatives and options volumes, reflecting strategic recalibrations by market participants, after three...

Deeply optimistic”: South Africa’s business resilience shown as 80% of small firms grow despite challenges

Small businesses continue to display resilience in challenging times, with 83% growing their revenue over the past year and 90% optimistic about their future...