SBI Cards and Payment Services reported a flat net profit of Rs 594 crore in Q1 FY25, impacted by rising delinquencies and higher impairment losses. Gross NPA rose to 3.06% from 2.41% a year ago.

Rajasthan Assembly witnessed heated debate over pearl millet procurement, with ruling and opposition parties blaming each other. Chief Minister Bhajanlal Sharma intervened, highlighting farmer issues.

Shriram Finance Ltd reports a 19% rise in consolidated net profit to Rs 2,031 crore for the June quarter FY25. The company's asset quality also improved.

The Reserve Bank of India has chosen 5 entities to test innovative financial products under its regulatory sandbox scheme, including solutions for loan default prediction, digital account opening,...

ESAF Small Finance Bank reported a 52% decline in Q1 net profit to Rs 63 crore due to an increase in bad loans. Gross NPAs surged to 6.61% of gross advances, while total income rose to Rs 1,138 crore.

Aditya Birla Group aims to reach USD 25 billion in consumer business revenue in the next 5 years, driven by diversification and portfolio strengthening. The group is focused on financial services,...

Sebi confirms its order against 12 entities, including V Marc India's promoter, for a fraudulent scheme to manipulate stock prices.

Network Planning Group (NPG) has evaluated 5 infrastructure projects, including road and rail, under the PM GatiShakti initiative, focusing on integrated planning.

Fortune Wealth aims to raise Rs 500 crore for its multi-cap portfolio fund within 5 months. The fund, launched in June 2024, has already gathered Rs 320 crore.

India Post commemorates the 25th anniversary of Kargil Vijay Diwas with a special postage stamp, honoring the bravery of Indian armed forces.

Finance ministers from G20 nations agree to work toward taxing the super-rich, a significant step toward addressing global inequality. Brazil's proposal for a 2% minimum tax on billionaires is...

Aditya Birla Group aims to reach USD 25 billion in consumer business revenue in the next 5 years, driven by diversification and portfolio strengthening. The group is focused on financial services,...

Sebi confirms its order against 12 entities, including V Marc India's promoter, for a fraudulent scheme to manipulate stock prices.

Network Planning Group (NPG) has evaluated 5 infrastructure projects, including road and rail, under the PM GatiShakti initiative, focusing on integrated planning.

Fortune Wealth aims to raise Rs 500 crore for its multi-cap portfolio fund within 5 months. The fund, launched in June 2024, has already gathered Rs 320 crore.