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Finance

RBI eases norms for foreign investment in startups

The Reserve Bank of India (RBI) has allowed Foreign Venture Capital Investors (FVCIs) registered with the Securities and Exchange Board of India (SEBI), the...

SBI blocks 6 lakh debit cards to ward off security threat

The State Bank of India is one of the top most banks of the nation, the bank has blocked nearly 6 lakh debit cards...

FirstRand Bank to close Indian retail operations

FirstRand Bank has decided to shut down its retail and SME lending divisions in India. The South African bank does plan to keep its...

Financial Services To Meet Women’s Real Needs

Report: Financial Services That Meet Women's Real Needs Represent Large Market Opportunity Using behavioral data, new report provides insights on how financial services providers can...

Faircent.com Introduces Loans Against Collateral

Ties up with Baxi to provide auto loans to its drivers Faircent, India’s largest peer to peer lending marketplace announced a partnership with Baxi, India’s...

India’s GDP growth to remain strong: World Bank

Washington, Oct 4 (PTI) India's GDP growth will remain strong at 7.6 per cent in 2016 and 7.7 per cent in 2017, the World...

Axis Bank sells Rs 1000 cr of Essar Steel debt to Edelweiss ARC

Axis Bank has sold its loans to Essar Steel worth around Rs 1,000 crore to Edelweiss Asset Reconstruction Company (ARC) at a discount of...

Karnataka Bank signs MoU with Birla Sun Life

The Karnataka Bank has signed a Memorandum of Understanding (MoU) with Birla Sun Life Asset Management company for distribution of mutual fund products in...

Walmart in negotiations for $1 bn Flipkart investment

US retail giant Walmart has reportedly entered negotiations to take a stake in India's Flipkart Online Services, in a deal reported to be valued...

RBL Bank raises Rs 330 Cr from CDC Group

RBL Bank has raised Rs 330 Cr from the UK-based development finance institution, CDC Group Plc (CDC), through Basel III compliant Tier II capital....

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