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Finance

What are the Different Types of Motor Vehicle Insurance?

Motor vehicle insurance is not only a legal requirement but also a crucial aspect of responsible vehicle ownership in India. Accidents can happen at any time, leading to substantial financial burdens, property damage, and potential liabilities. Having the right type of motor vehicle insurance ensures protection against these risks and provides peace of mind on […]

Finance

T20 Working Groups recommend setting up of a Climate Technologies’ Clearing House and linking SME Financing to ESG

New Delhi- Aspire Impact, a leading ESG, Sustainability and Impact Assessment initiative in India, took a significant stride in tackling environmental challenges during a recent Global Consultation today, alongside Aspire Circle and TERI, its co-hosts. The global consultation titled “Catalysing inclusive Climate Innovations for the Global Impact Economy”, witnessed massive participation from experts representing corporates, […]

Banking

South Indian Bank ties up with Doha Brokerage & Financial Services Ltd for extending Portfolio Investment Services to its NRI customers

Kochi: South Indian Bank has enlisted the services of Doha Brokerage & Financial Services as a trading partner. The tie-up will enable the bank to offer portfolio investment services to its NRI customers. In a formal event held in Ernakulam, Kerala, India, Mr.Anand Subramaniam, Head-NRI Business, South Indian Bank, and Mr. Prince George Managing Director […]

Finance

Five-Star Business Finance Limited

AUM at Rs 7,583 crores (up 43% Y-o-Y and 10% Q-o-Q) Disbursements for the quarter stood at Rs 1,132 crores (up 99% Y-o-Y and 2% Q-o-Q) PAT for the quarter at Rs 184 crores (up 32% Y-o-Y and 9% Q-o-Q) Gross Stage 3 at 1.411 %/Net Stage 3 at 0.79% (refer note 1) Chennai […]

Finance

EQUITAS SMALL FINANCE BANK LIMITED

Chennai : The Board of Directors of Equitas Small Finance Bank Limited at its meeting held today, approved the unaudited financial results for quarter ended June 30, 2023 PAT of Rs. 191 Cr in Q1FY24, Strong growth of 97% YoY Quarterly disbursement at Rs. 4,757 Crs in Q1FY24, growth of 47% YoY Gross advances at […]

Finance

Financial Results: Quarter 1, FY 2023-24, Standalone & Consolidated Results

Bangalore : The Board of Directors of Mahindra & Mahindra Financial Services Limited, a leading provider of financial services in the rural and semi-urban markets, at its meeting held today, announced the unaudited financial results for the quarter ended June 30, 2023. Standalone: Revenue at Rs. 3,125 Crore (25% YoY growth); PAT at Rs. 353 […]

Banking

SBI Card Q1’FY24 Revenue from Operations Up 26% YoY, PAT at ₹ 593 Cr

New Delhi, : The Board of Directors of SBI Cards and Payment Services Limited approved the Company’s results for the Quarter ended June 30, 2023, at their meeting held on Friday, July 28, 2023. Performance Highlights Q1 FY24 Total Revenue increased by 24% YoY at ₹ 4,046 Cr in Q1 FY24 v/s ₹ 3,263 Cr […]

Finance

Why Should You Consider Investing in Growth Stocks?

There are many types of stocks that investors can put their money into. Among these types of stocks are value stocks, blue chip stocks, and large-cap stocks. Your past experience with the market may have taught you that there are advantages to investing in each of them. For example, large-cap stocks are safer and more conservative options, […]

Finance

Aditya Birla Sun Life Insurance becomes the first private life insurance company to join Metaverse in India

Mumbai : Aditya Birla Sun Life Insurance, the life insurance subsidiary of Aditya Birla Capital Limited, announces the launch of a 3D virtual lounge in Metaverse InsureVerse, becoming the first life insurance company to enter Metaverse offering its customers a multisensory experience by enabling them to interact with Life Insurance experts & agents. The launch […]

Banking

YES BANK launches UPI Payments through RuPay Credit Cards

Bangalore, July 28, 2023: YES BANK today, announced the launch of UPI payments through RuPay Credit Cards. With this, customers can now link their YES BANK RuPay Credit Card with UPI-enabled apps such as BHIM, PhonePe, Paytm, Google Pay, Slice, MobiKwik, PayZapp, among others, making credit card-based transactions easier with enhanced security. The launch of […]