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Credit growth to moderate, asset quality pressure to rise: ICRA

Ratings agency ICRA anticipates the slew of regulatory measures and tighter funding conditions in the domestic markets to result in a steady slowdown in...

Mahindra Finance profit grows by 57% YoY to ₹ 369 crores

The Board of Directors of Mahindra & Mahindra Financial Services Limited (Mahindra Finance), a leading provider of financial services in Emerging India, at its...

Mahindra Finance collaborates with Salesforce to digitize MSME lending

Mahindra Finance,(Mahindra Finance=MF)part of the Mahindra Group and one of the leading NBFCs in India, today announced its collaboration with Salesforce, the global leader...

RBI keeps Repo Rate steady at 6.5%, shifts policy stance to “Neutral”

At the October 9, 2024, meeting of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), the central bank decided to keep the...

IFC Partners with Axis Bank to Provide a $500 million Climate Loan in India

The International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution, is partnering with Axis Bank, one...

RBI appoints Shri Aviral Jain as executive director, effective october 1, 2024

The Reserve Bank of India (RBI) has announced the appointment of Shri Aviral Jain as its new Executive Director (ED), effective from October 1,...

TeraWulf announces september 2024 production and operations update

TeraWulf Inc. (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today provided...

Indian securitisation market surges in FY2024, nearing record highs amid strong retail credit demand and new entrants

The Indian securitisation market has experienced significant growth and shifts in fiscal year 2024, reaching nearly ₹1.9 lakh crore, almost matching the all-time high...

Stock Market live: Nifty and sensex opens in red amid rising Middle East tensions

The Indian stock market opened on a cautious note today, with the Nifty 50 index slipping into negative territory. Geopolitical tensions in the Middle...

NBBL introduces National Pension System on Bharat Connect platform

NPCI Bharat BillPay Ltd. (NBBL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), has announced a partnership with the Pension...

Performance of ICRA-Assigned Ratings in H1 FY2025 Rating upgrades continue to reign over the credit landscape

The overall credit conditions in the corporate and the financial sector have remained conducive in the past three years, which has contributed to a...

IDFC FIRST Bank announces successful completion of merger with IDFC Limited, effective October 01, 2024

IDFC FIRST Bank announced today, following its Board meeting, that the merger with IDFC Limited has been successfully completed after obtaining all necessary shareholder...
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Cabinet approves continuation of Atal Pension Yojana (APY) and extension of funding support for promotional and developmental activities and gap funding till 2030-31

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today approved the continuation of Atal Pension Yojana (APY) up to FY 2030-31...

Cabinet approves equity support to Small Industries Development Bank of India

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the equity support of Rs.5,000 crore to Small Industries Development Bank...

Bitmine Immersion Technologies (BMNR) announces ETH holdings reach 4.203 million tokens, and total crypto and total cash holdings of $14.5 billion

Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network Company with a focus on the accumulation of crypto for long...

Samco Mutual Fund launches India’s first actively managed momentum-based Mid-Cap Fund aiming to capture the next phase of India’s growth

Samco Asset Management Private Limited today announced the launch of the Samco Mid Cap Fund, India’s first actively managed momentum-based mid-cap fund, seeking to identify and...