Page 5 - Financial Services

RBI to set up 'Innovation Hub' for financial inclusion, efficient banking

The Hub will act as a centre for ideation and incubation of new capabilities

Sachin Bansal's Navi app among top three digital lenders in India

Bansal said there is a huge unmet demand for credit and their digital lending platform has done well despite the Covid-19 pandemic

Q1 early-bird results better than expected; IT, financial services do well

However, analysts expect the numbers to deteriorate as more companies announce their results

Navi will simplify financial services, improve affordability: Sachin Bansal

Bansal added that it is the next 100 million or so users who have the means to grab the attention of the big banks and insurance companies

Back in vogue: Banks, financial services stocks lead market recovery

Market participants are hopeful the asset quality deterioration of banks and NBFCs would not be to the extent expected earlier, and that the lending books may recover fast enough

Unify the labour market

Time to end divisions between permanent and contract workers

Women need to take charge of their financial lives: Three achievers speak

Three achievers from the financial services underline the importance of striving for financial independence on the occasion of International Women's Day, 2020

More than 30% of top 50 listed companies complete digital overhaul

The key building blocks of a successful digital transformation include the right organisational vision, creating structures across functions, and a mindset change

After Xiaomi and Realme, Oppo now forays into fintech space with Oppo Kash

The Oppo Kash app, currently in beta stage, is available on Google Play Store and Oppo App Store for all supporting Android smartphones

May take 2 years to come out of red: Paytm CEO Vijay Shekhar Sharma

Noida-based firm, which had an astonishing rise after infamous demonetisation in 2016, is betting on financial services, commerce and payments as three key focus areas

Here are a few nuggets from Economic Survey in order to prevent frauds

Financial services exports have remained stagnant, averaging about $5 billion in recent years

After Flipkart exit, Sachin Bansal betting big on financial services space

Bansal says there are many reasons why he picked up financial services as his next area of focus

PhonePe expands into financial services, launches int'l travel insurance

PhonePe, which competes with Alibaba-backed Paytm, Amazon Pay and Google Pay, claimed it is India's first digital payment platform to launch international travel insurance.

I am going to put whatever I have in financial services, says Sachin Bansal

Flipkart co-founder says he will invest all his capital in this space; Nachiket Mor joins Navi board as director

Karvy names group CEO for financial services biz in management reshuffle

Group is restructuring its overall business into two verticals - financial services and non-financial services - in a move aimed at improving governance and functioning

Insolvency rules for FSPs: Regulator has more control than CoC, say experts

Experts say a separate framework for financial service providers is required to protect retail investors, and for systemic reasons

Will Sachin Bansal's long term bet in financial services pay off?

This September, the ace entrepreneur found the answer to that when he picked 94 per cent stake in microfinance company Chaitanya Rural Intermediation Development Services

Resolution of financial service providers possible under IBC: IBBI chief

Currently, resolution of stressed financial institutions cannot be taken up under the Insolvency and Bankruptcy Code (IBC).

Financial services firms may raise record Rs 1.2 trn via QIPs this year

Public sector banks are leading the race to raise money through QIPs

Personal Loans for the Tech-Savvy

The brilliant features of smartphones, cameras, watches, and laptops, all together make our life simplified and intelligent at the same time.