Deepinder Goyal-led food delivery giant Zomato has abandoned plans to enter the non-banking financial company (NBFC) sector.
The company's subsidiary, Zomato Financial Services Limited (ZFSL), has decided to voluntarily withdraw its application to
See More
0 replies6 likes
LIKHITH
ON NE SAIT JAMAISย โขย 10m
DID YOU KNOW !?
Kotak Mahindra Finance became India's first NBFC to be converted into a bank after being granted an RBI banking license in 2003.
Like and follow for more.
SBI, Others To Sell 20% Stake In Yes Bank To Japanese financial giant Sumitomo Mitsui Banking Corp. For around Rs 13,484 crore.
The board on Friday approved the plan to sell 413 crore shares at Rs 21.5 apiece, subject to receipt of all regulatory an
See More
0 replies13 likes
Rohan Saha
Founder - Burn Inves...ย โขย 6m
In the last few years, the returns from the Indian banking sector have not been very impressive. The PE ratio and PB ratio are all below their averages. Currently, the results of HDFC Bank and Kotak Mahindra Bank will decide whether banking stocks or
See More
1 replies6 likes
mg
News & updatesย โขย 2m
Important RBI rules for credit cards
Bank can't charge joining fee if customer has not activated their credit card
CC should be automatically closed if not used for more than a year
Rs 100 compensation per day for delay in closure of credit cards
The Reserve Bank of India (RBI) has mandated that all Indian banks must transition their existing websites to the new โ.bank.inโ domain by October 31, 2025. This move is aimed at enhancing the security and trustworthiness of digital banking platforms
See More
0 replies15 likes
Samaksh Singh
Content Writerย โขย 1m
Markets Snap Back After Volatile Start to the Week
The Indian stock markets started the week on a cautious note but staged a recovery by the closing bell.
Key Highlights:
Nifty 50 closed at 22,625, up +0.48%
Sensex ended at 74,870, gaining +352
See More
1 replies8 likes
Jayant Mundhra
ย โขย
Dexter Capital Advisorsย โขย 1y
Paytm shareholders are ignoring this? ๐๐
The fintech giant was the only UPI app to be making money on UPI. And now thatโs no more possible.
Here's all you should know!
..
The thing is, NPCI (via Govt grants) compensates the banks to up keep the
Meet the man who built India's third-largest bank worth 45,000 CR.
1. Born into a 60-member Gujarati joint family, Uday Kotak used to stay in a single house with his family, who shared one kitchen. He worked hard and studied master's at the Universi