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CATEGORY

Finance

JM Financial subsidiary invests in P2P lender Faircent

Mumbai: Financial services firm JM Financial Ltd on Tuesday informed the stock exchanges that its subsidiary JM Financial Products Ltd has acquired 9.84% stake...

CIITrade.in B2B E-commerce Platform Opens for Business

CloudBuy plc, the global provider of cloud-based e-commerce solutions, announced that CII (Confederation of Indian Industry), India’s largest Industry Association has opened www.CIITrade.in, a B2B...

IDBI Bank first PSB to open IBU unit in GIFT

IDBI has become the first public sector bank to open its IFSC Banking Unit (IBU) at the International Financial Services Centre (IFSC) in Gujarat...

State Bank of India Launches ‘mVisa’

State Bank of India (SBI), country’s largest commercial bank, recently announced the launch of mVisa, a mobile-based payment solution. The service will enable customers to...

Indian Banking Sector Ripe for Innovative Technologies

The global outsourcing market in Banking, Financial Services and Insurance (BFSI) sector is forecasted to grow to a CAGR of 6.79% during the period...

Finance Bill passed in Lok Sabha; tax on jewellery remains

Arun Jaitley defends the govt’s decision, says the tax on jewellery was much lower than what was levied by some states  New Delhi: The Lok...

Kotak Mahindra Bank opens IFSC banking unit at GIFT

Kotak Mahindra Bank Ltd. becomes the fourth bank to open its IFSC Banking Unit (IBU) at India’s first and only International Financial Services Centre...

Foreign funds can now invest more in YES Bank

New Delhi: YES Bank here on Monday said the foreign funds investment limit in the country's fifth-largest private sector lender has been increased to...

First time angel investors invest in startups

Bengaluru-based interior decor startup MyGubbi has been able to raise Rs 16.5 cr from as many as 30 individuals in March. Given the chariness...

UK government agency CDC to invest $680m in India

Mumbai: DC, the British government's development finance arm, will invest $680 million in India, as a 7.5% GDP growth forecast for the country makes...

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