A new rule that will take effect on April 5 is likely to drive out most of the active players from the market, which will dry up volumes that already scaled up to $5 billion a day. The market for exchange-traded currency derivatives in India ....
Read MoreOn Tuesday, gold prices set up a new record boosted by momentum-following funds that outsmart a strong US dollar and the chance of higher-for-longer US rates. After escalating to $2,266.59, which is an all-time high for gold price, spot gold ....
Read MoreOn March 4, the Reserve Bank of India asked IIFL Finance to stop approving or disbursing gold loans with immediate effect following its observation of certain material supervisory discrepancies in the lending institution’s gold loan portfolio.....
Read MoreMahindra Lifespace Developers Limited (MLDL) is the real estate and infrastructure development wing of the Mahindra Group. The company now claims to have invested around Rs 6000 crore in residential real estate business by the financial year 202....
Read MoreBandhan Bank is going to be the latest addition to the league of the credit card issuer. The Kolkata-based lending stalwart is likely to start their new business activity in April-May this year. Bandhan Bank has hired Piush Jha, the former ex....
Read MoreShares of all Adani Enterprise Ltd plummeted lower on March 18. It happened after Bloomberg reported that the US Government had launched a widened investigation of the conglomerate over suspected bribery. The stock of all the 10 Adani Group c....
Read MoreIntroduction: Green Loans What Are Green Loans? Green loans involve special money offerings that assist homeowners to advance their properties with eco-saving and efficient energy-related upgrades. With the escalation in the price of electricit....
Read MoreIntroduction: The importance of AI in the current loan approval process The loan approval systems have evolved swiftly because banks and other financial institutions have ceased using the traditional methods of paper-based evaluation to use AI-....
Read MoreThe year 2025 will be a milestone of green mobility in India. Banks and NBFCs have also come up with special green vehicle financing programs with the introduction of electric vehicles, hybrid cars, and solar-assisted charging becoming the norm.....
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Pioneering ease of access to Basic Banking & Financial Services in Rural India