Search Results for: retail lending

Petrol, diesel prices regulated by election dates, not by global rates: Congress

Congress spokesperson Gaurav Vallabh alleged that retail inflation, GDP growth, and a depreciating rupee are some of the examples that paint a concerning picture of how the economy was being managed.

Sep 11, 2022

India all set to demolish illegal loan apps; RBI to create 'whitelist' of digital lending apps

Post the Covid pandemic, digital lending platforms have gained huge popularity in India

Sep 10, 2022

Reliance Retail appointing super-stockists to distribute its private label products in multiple FMCG categories

In its AGM held on August 29, 2022, Reliance Retail announced its foray into the FMCG business, by developing and delivering high quality products at affordable pricing

Sep 4, 2022

Who is Laxman Narasimhan; Starbucks gets new Indian-origin CEO [details]

Laxman Narasimhan, who currently heads health and hygiene company Reckitt, will join Starbucks in October and take over from its iconic interim CEO Howard Shultz in April.

Sep 2, 2022

Global regulator for banks red-flags crypto-assets such as Bitcoin

Crypto.com's typo mistakenly transfers A$10.5 mn to customer, now court saga begins

Cryptocurrency exchange Crypto.com mistakenly issued a customer A$10.5 million ($7.2 million) rather than the expected A$100 ($68) and now running around courts to get it back

Sep 1, 2022

Stock Markets closure: Indices ends sharply up, Sensex up over 1,500 points

Benchmark indices ended sharply up on Tuesday after falling sharply on Monday due to delivery-based buying by the FIIs and short covering in the F&O market, dealers said.

Aug 30, 2022

PlayStation 5 price hike: This is how much Sony's gaming console costs in your country [details]

Japanese tech giant Sony on Thursday said that it is increasing the price of PlayStation 5 (PS5) in select markets due to the global economic environment, including high inflation rates.

Aug 25, 2022

Satish Sanpal felicitated with Rise of Industry Emirates Business Awards

Satish Sanpal said It is a dream honor for every rising entrepreneur in the Gulf. I have no words to express my happiness. In fact this honor has given me the impetus to further excel in my industry and to expand our footprint across the Gulf and other countries

Aug 23, 2022

LIC Housing Finance hikes prime lending rate by 50 bps [details inside]

The RBI's decision to hike the repo rate by 50 basis points on 5th August was well measured and abreast with the global economic trend.

Aug 22, 2022

Chinese economy struggling, policy rate cut could impact 'Global Financial Markets'

Latest economic review, the DEA said the geopolitical environment remains tense and fraught.

Aug 20, 2022

Fintech Uni's card services suspended; millions of users affected [details]

Uni said that is proactively suspending services Uni Pay 1/3rd Card and the Uni Pay 1/2 Card, which will impact millions of users.

Aug 19, 2022

Excise policy case: Sisodia among 15 named as accused in CBI's FIR [details]

Delhi Deputy Chief Minister Manish Sisodia is among the 15 accused named in the FIR lodged by the CBI in connection with alleged irregularities in Delhi's new excise policy.

Aug 19, 2022

RBI tightens noose on fraudulent Chinese lending apps; plugs loopholes in regulatory guidelines

Investigating agencies found that various fintech companies in collusion with NBFC had thus indulged in predatory lending, by-passing the regulatory system.

Aug 18, 2022

Most banks hike deposit rates ahead of festive season

Most banks are increasing their deposit rates for boosting deposit to support rising credit off-take as liquidity in the banking system has narrowed.

Aug 17, 2022

Meet Jashoda Madhavji, popular publicist, image consultant in India

Jashoda Madhavji said I have always enjoyed the good fortune of successfully setting up the lifestyle and entertainment verticals at some of the various agencies I was employed with and 7 years ago I decided it was about time I gave a shot to my entrepreneurial innings and live life on my own terms.