08 May 2025, 15:49 PM
In FY25, revenue from payments services declined 37% yoy to Rs 3,879 crore; financial services revenue down 15% to Rs 1,703 crore.
28 Apr 2025, 04:04 AM
How internal challenges and shifting priorities derailed Mahindra Finance’s ambition to mirror Bajaj Finance’s success in digital lending.
18 Mar 2025, 20:35 PM
Chaired by the secretary of the department of financial services (DFS), the committee will analyze fintech’s contributions to the broader BFSI industry.
05 Mar 2025, 22:32 PM
Jio Financial Services acquires SBI's 17.8% stake in Jio Payments Bank for Rs 104.54 crore.
24 Jan 2025, 15:17 PM
The JV’s wholly owned subsidiary will be called 'Jio BlackRock Broking' -- which will undertake the business of broking.
09 Jan 2025, 23:44 PM
In October, the banking regulator had barred four NBFCs to "cease and desist" from sanction and disbursal of loans.
27 Dec 2024, 22:41 PM
The committee will recommend a framework including governance aspects for responsible, ethical adoption of AI models/applications in the Indian financial sector.
24 Oct 2024, 17:58 PM
The news comes shortly after Bajaj Finserv revealed that Allianz is considering an exit from its existing life and general insurance joint ventures with the Bajaj Group.
18 Oct 2024, 00:50 AM
This action, according to the RBI, is based on material supervisory concerns observed in the Pricing Policy of these companies.