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Finance/Fintech

Union Bank Of India Reports 11.44% Surge In Gross Global Advances

Union Bank Of India Reports 11.44% Surge…

New Delhi, Jan 9 (KNN) In the third quarter ending on December 31, 2023, Union Bank of India (UBI) saw an 11.44 per cent increase…

Healthy Growth In Bank Borrowings In 2023 Reflects Financial Trends: RBI Data

Healthy Growth In Bank Borrowings In 2023…

Mumbai, Jan 8 (KNN) Bank borrowings surged by an average of two-thirds last year, reaching Rs 6.39 lakh crore from January…

Indian Rupee Gains 9 Paise Against US Dollar Amid Positive Equities And Foreign Inflows

Indian Rupee Gains 9 Paise Against US…

New Delhi, Jan 8 (KNN) On January 8, 2024, the Indian rupee gained 9 paise against the US dollar, reaching 83.06 in early trade…

Razorpay And Groww Opt For India Base: Tech Startups' Strategic Shift

Razorpay And Groww Opt For India Base:…

New Delhi, Jan 4 (KNN) Numerous Indian startups are contemplating a return to their home country after initially venturing…

Former Niti Aayog Vice-Chairman Arvind Panagariya Appointed Chief of 16th Finance Commission

Former Niti Aayog Vice-Chairman Arvind Panagariya Appointed…

New Delhi, Jan 1 (KNN) The Central government named Arvind Panagariya, former Niti Aayog vice-chairman, as the head of the…

RBI Plans to Introduce New Foreign Exchange Licensing Norms

RBI Plans to Introduce New Foreign Exchange…

New Delhi, Dec 27 (KNN) The Reserve Bank of India (RBI) on Tuesday proposed to introduce a new category of money changers called…

RBI Broadens Card-On-File Tokenization Scope for Digital Payment Security

RBI Broadens Card-On-File Tokenization Scope for Digital…

New Delhi, Dec 22 (KNN) In an effort to enhance the security and reliability of digital payments, the Reserve Bank of…

NBFC MSME Lender U GRO Capital Obtains $30 Mn Over NCDs From Dutch Bank FMO

NBFC MSME Lender U GRO Capital Obtains…

New Delhi, Dec 19 (KNN) U GRO Capital, MSME-focused Non-banking Financial Company (NBFC) announced on Tuesday that it has raised…

Over 51 Cr PM Jan Dhan Accounts Opened, 4.30 Cr Remain Dormant: Union MoS Finance

Over 51 Cr PM Jan Dhan Accounts…

New Delhi, Dec 13 (KNN) The Ministry of Finance stated that over 51.04 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts…

RBI Aims To Strengthen Digital Infrastructure With Cloud Storage Services

RBI Aims To Strengthen Digital Infrastructure With…

Mumbai, Dec 9 (KNN) The Reserve Bank of India (RBI) is working on setting up a cloud facility for India’s financial…

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