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NBFCs, redefining lending for Bharat
Even before the pandemic, India had the worst bad debt ratio of the world’s top 10 economies. With Rs. 10 lakh crore in stressed assets, anticipated NPAs for the current fiscal year are expected to exceed a two-decade high. Of course, the pandemic exacerbated matters by limiting people’s ability to repay and banks’ ability to
India needs higher education financing investments to meet its Gross Enrolment Ratio target: Steve Hardgrave, Co-Founder, and CEO, Varthana
As per the New Education Policy (NEP), India is aiming to reach a GER of 50 per cent by 2030 from 27 per cent currently. This would require significant investments in education financing, building more colleges, and ensuring access to education in rural India. To know more about the trend of banks and NBFCs moving
“Technology will lead the way how this industry grows into the modern India dream”
Cyber security remains a major threat across the board. We are almost paranoid as an organisation when it comes to the absolute security of our customer data, stated Ayan De, Head- Business Technology & Infrastructure, HDFC Life Insurance, in an interaction with Srajan Agarwal of Elets News Network (ENN). How do you see the insurance
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Supreme Court Upholds RBI Remit Over NBFCs; State Moneylending Laws Won’t Apply
Non-banking financial companies (NBFCs) will be regulated by the Reserve Bank of India (RBI) as the RBI Act takes a holistic approach to the...
Edelweiss General Insurance partners with Ashv Finance to offer digital loan protection to MSMEs
Digital Insurer, Edelweiss General Insurance (EGI), has joined hands with Ashv Finance, a tech-led NBFC present in over 100 locations in India, to offer...
Digital Payments
Mastercard partners SBI Payments to boost digital payments acceptance infrastructure in...
As an extension of its flagship campaign ‘Team Cashless India’, Mastercard organized three on-ground engagements in Guwahati, Lucknow and Varanasi to generate greater awareness...
PhonePe captures over 42% of overall UPI P2M market share
Leading digital payments platform PhonePe has emerged as the largest player on UPI merchant (P2M) transactions by capturing around 42 percent of the overall...
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