Fino Payments Bank reported a 14% rise in Q4 profit to Rs 25.21 crore, driven by strong revenue growth and increased customer base. The bank also achieved the milestone of 1 crore customers.

Fino Payments Bank reported a 19% rise in net profit to Rs 22.8 crore in the December quarter, with revenue growth of 18% to Rs 370.2 crore. Read more.

Fino Payments Bank is expanding its presence in West Bengal and the North-East, adding more touchpoints for banking services. The bank also applied for a small finance bank license.

The Reserve Bank of India (RBI) has doubled the minimum capital requirement for small finance banks (SFBs) to Rs 200 crore. The move allows Payments Banks to upgrade to SFBs after five years of...

Get the latest business news: Yes Securities appoints new MD, Godrej Capital partners with DBS Bank & Visa, Fino Payments Bank names new chairman, and Kotak Mahindra Bank launches new...

RBI Deputy Governor flags risks of relying on single vendors for services, citing Microsoft outage. He also warns about lack of customer redressal mechanisms among lending service providers.

India's Economic Survey projects a conservative growth of 6.5-7% for 2024-25, citing global uncertainties and domestic challenges. Experts weigh in on the forecast and its implications.

Industry bodies are confident that India's GDP growth will exceed the Economic Survey's forecast, with potential for 8% growth. The survey highlights key areas for growth and reform.

Air India will start operating its flagship Airbus A350 on ultra-long haul routes to the US from November, beginning with Delhi-New York JFK flights. Premium economy class will be offered.

The National Company Law Tribunal has ordered insolvency proceedings against Supertech Township Projects over a Rs 216.92 crore default by Punjab & Sind Bank. This is the third Supertech group firm...

RBI Deputy Governor flags risks of relying on single vendors for services, citing Microsoft outage. He also warns about lack of customer redressal mechanisms among lending service providers.

India's Economic Survey projects a conservative growth of 6.5-7% for 2024-25, citing global uncertainties and domestic challenges. Experts weigh in on the forecast and its implications.

Industry bodies are confident that India's GDP growth will exceed the Economic Survey's forecast, with potential for 8% growth. The survey highlights key areas for growth and reform.

India's Economic Survey highlights the need to address dependence on China for critical minerals essential for green transition, while urging diversification of energy sources and strategic...

India condemns the EU's planned carbon tax on energy-intensive goods from developing countries, arguing it violates the spirit of the Paris Agreement and unfairly burdens developing nations.