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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

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.

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

Paytm shareholders are ignoring this? 📛📛 The fintech giant was the only UPI app to be making money on UPI. And now that’s 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

Meet the man who created an 8500 CR bank for women. 1. Born in the coal city of Dhanbad in Jharkhand, Samit Ghosh was hugely inspired by his father, a World War II doctor who set up government hospitals in the city's poor coal mining areas. But lost

Adani's super app, Adani One, has begun pilots with digital lending firms and non-banking financial companies (NBFCs) - personal loans ranging from Rs 1,000 to Rs 5 lakh. The company has finalized an arrangement with KrazyBee Services, the NBFC arm

This guy has raised $17M+ for his startup. Here’s how you can also raise the same 👇 ✅ building a starting team ✅ Traction for series A companies grow at least at 20%MOM ✅ Fundraising is a game of chance, got everyone feels you gonna win ✅ have a

Top news of the day- 1. Energy Tech firm Kimbal riased Rs. 40 Cr ($5M). 2. Attron Automotive raised Rs. 4.76 Cr ($573960) 3. AuthPay raised Rs. 3.7 Cr ($450,000) from Scope VC. 4. Reddit aims to raise $748Mn in it's planned initial public offerrin

Meet the man from a village in Uttarakhand who built a 5000 CR bank. 1. Born in a village 40 km away from Jim Corbett National Park in Uttarakhand, Govind Singh had a tough childhood. He travelled 7 km to the nearest school daily and taught students