IIFL Finance reports Q2FY25 consolidated net loss of Rs 93cr amid regulatory embargo challenges
IIFL Finance Limited, a major player in India's non-banking financial services sector, reported a consolidated net loss of Rs. 93 crores for Q2FY25. This significant ... Read More
Muthoot Microfin secures $75m in syndicated social loan to boost microfinance
Muthoot Microfin Limited (NSE: MUTHOOTMF, BSE: 544055), a forefront microfinance institution in India, has successfully announced the closure of a significant financial deal, securing a ... Read More
Paytm ensures operational fluidity beyond March 2024 with strategic banking transition
In a significant announcement for the digital payments landscape in India, the Reserve Bank of India (RBI) has confirmed that Paytm's QR, Soundbox, and Card ... Read More
RBL Bank gets RBI authorization to collect indirect taxes
Mumbai-based RBL Bank (formerly Ratnakar Bank) said that it has been given authorization from the Reserve Bank of India (RBI) for collecting indirect taxes on ... Read More
Rattanindia welcomes Niti Aayog’s proposal of prioritizing EV loans
Rattanindia Enterprises, an Indian conglomerate which holds a significant stake in Revolt Motors, has welcomed a proposal from Niti Aayog to the Reserve Bank of ... Read More