Arman Financial Services Limited declares solid bounce-back performance for Q1FY23 on profitability, asset quality, disbursements and collections

Disbursement volumes increase to ₹ 380 crore in a traditionally low-key quarter with a growth of 12% QoQ and 212% YoY Consolidated AUM for Q1FY23 reaches ₹ 1,388 Crore – 77% higher YoY; and 13% up QoQ despite the adoption…

India’s Top BFSI Experts Unite to Reshape India’s Banking Landscape at #TresconBFSI

Business Wire India ‘Redefining the Future of Banking: Powered by Technology, Driven by Innovation’ which was the theme for this year’s edition of Trescon’s Big BFSI Future Tech Show & Award, opened to a packed house of over 150+ pre-qualified…

In a first of its kind, Rural Banking Outlets in India to get a distinct identity through ‘RedBlue Revolution’

The ‘RedBlue Revolution has been introduced on the occasion of India’s 75th year of Independence to bring financial freedom to Bharat The colour red signifies growth & energy and blue signifies safety & trust MUMBAI, India, Aug. 4, 2022 /PRNewswire/…

Over 22% of small businesses that availed loans in FY 2022 were run by women: NeoGrowth Social Impact Report

MUMBAI, India, Aug. 3, 2022 /PRNewswire/ — Over 22% of small businesses that availed loans in FY 2022 were run by women, signifying an increase in women business owners, as per the latest annual NeoGrowth Social Impact report. This report explores…

Myth Vs Realty: Is It The Right Time To Invest In An Under Construction Property?

A real estate investment is not only an emotionally intensive decision but also a financially heavy one. While investing in a property, an investor is in perpetual confusion about whether to invest in a ready-to-move-in property or an under-construction one.…

“The only sustainable way we can get to 5 trillion is if the bottom 600 billion Indians are part of the process,” said Dr. D Subbarao, Former Finance Secretary and RBI Governor

With an aim of democratizing credit, Lentra unveiled its Lending Cloud at Digital Lending Transformation Global Summit 2022 MUMBAI, India, Aug. 1, 2022 /PRNewswire/ — Speaking at the first edition of Lentra Digital Lending Transformation Global Summit 2022 in Mumbai, the former…

How Supply Chain Financing Can Resolve Capital Issues For MSMEs

Micro, Small, and Medium Enterprises (MSMEs) employ approximately 111 million people and account for about 30% of India’s GDP. These businesses are known as the backbone of the Indian economy. According to World Bank data, MSMEs are the largest employers…

How To Take Advantage Of Rising Interest Rates?

FD investors keep witnessing the rise and fall in the FD interest rates. While there was a significantly high-interest rate of 9% offered by the SBI in 2014, recently, it dropped to 5.4% in 2020.   While low FD interest rates cause worry and…

BFSI Leaders in India Are Gathering to Discuss the Roadmap for the Future of the BFSI Sector in the Country

Business Wire IndiaBig BFSI Future Tech Show and Awards is hosting technology leaders from across India to meet, network, learn, and engage with some of the world's most renowned technology thought-leaders, subject matter experts, and technology innovators in a constructive, open-dialogue…

KARNATAKA BANK ANNOUNCES Q1 NET PROFIT AT Rs. 114.05 CRORE

MANGALURU, India, July 25, 2022 /PRNewswire/ — In the Meeting of the Board of Directors held today at Bank’s Head Quarters Mangaluru, the Board has approved the financial results for the quarter ended June 30, 2022. Karnataka Bank has posted a…