APN News

  • Tuesday, March, 2021| Today's Market | Current Time: 03:50:13
  • OnMobile Reports Third Quarter Fiscal 2021 Results

    OnMobile Global Limited (“OnMobile”) today announced the financial results for third quarter of FY21 ended December 31, 2020. Cost optimization, reduced Manpower cost and lower Marketing cost resulted in Profit After Tax (PAT) growing from INR 6.5 crores in Q3FY20 to INR 12.0 crores in Q3FY21, witnessing 2X growth YoY. Q3 FY21 Highlights: ·         Gross Revenues continues […]

    Benchmark domestic stocks surge around two and a half per cent

    Benchmark domestic stocks today surged around two and half per cent. The BSE Sensex and the NSE Nifty climbed amid positive Asian market cues. The Sensex close above 49,500 mark while the Nifty settled above 14,600 level. The Sensex gained 1,197 points, or 2.46 per cent, up at 49,798. The NSE Nifty also jumped 367 […]

    Digital Payments to Hit $6.6T Value in 2021, a 40% Jump in Two Years

    Even before the pandemic, cashless payments have become an appealing alternative for billions of people. However, with social distancing rules in place, more people started embracing contactless payments as a safer way to manage their money in both developed and emerging countries. According to data presented by Finaria.it, the global digital payments industry is expected […]

    Fiscal deficit pegged at 6.8 per cent of GDP

    The Fiscal deficit for the financial year 2021-22 pegged at 6.8 percent. The Total resources being transferred to the states including the devolution of states share, grants, loans and releases under centrally sponsored scheme in budget estimate for the fiscal is 13 lakh 88 thousand 502 crore rupees which shows an increase of 74 thousand […]

    Bank of India rolls out Visa Signature International Contactless Debit Card

    Mumbai,: Bank of India (BOI) has rolled out Visa Signature International Contactless Debit Card for its customers in both metal and plastic variants. With introduction of this new debit card, BOI customers shall enjoy higher per day spending limit of Rs 5.00 lacs at PoS, Rs.2.00 Lakhs for e-commerce transaction, Rs 1.00 lakh cash withdrawal […]

    CRED to Reward One Creditworthy Taxpayer with 100% of their FY2019-20 Income Tax

    CRED, a high-trust community of individuals, brands, and institutions, plans to ease financial anxiety on the day of the Union Budget 2021 by rewarding trustworthy individuals who pay their credit card bills during the Budget Session on CRED. With the Session falling right in the middle of the average credit card payment cycle, the initiative […]

    SBM Bank India and StashFin to Launch Contactless Prepaid Cards

    Mumbai: Singapore-based neobanking startup StashFin and SBM Bank India, announced the launch of their co-branded contactless prepaid cards. Designed through collaboration, these prepaid cards will boost access to credit for underbanked consumers. With this launch, the innovation and technology-led business partnership is set to bridge the growing credit gap in India. The Visa powered card […]

    ICICI Home Finance eases home loan norms for regularised colonies in Delhi NCR

    New Delhi: ICICI Home Finance Company (ICICI HFC) is now offering affordable home loans for customers seeking to purchase homes in regularised colonies of Delhi NCR such as Laxmi Nagar, Uttam Nagar, Krishna Nagar, Pitampura among others shortlisted by ICICIHFC. This latest offering is in line with the Government’s regularisation in its bid to create […]

    Home Credit & MobiKwik launch ‘Home Credit Money’

    ‘Home Credit Money’ app provides end-to-end digital experiences for Payments and Credit to users MobiKwik Wallet powers Home Credit money app for use cases like eCommerce Payments, QR payments, Bill payments and Money Transfer Home Credit enables users to avail Instant Credit up to Rs 10,000 The app has received almost 100,000 downloads on Google […]

    6 Reasons Why ‘Buy Now Pay Later’ Is Your Ideal Choice for Credit Shopping

    Multiple varieties of credit lines exist around the world, making the lives of people convenient and comfortable. One such form of credit is ‘BUY NOW PAY LATER’. Buy Now Pay Later is an increasingly popular scheme, especially among millennials. As the name suggests, this scheme allows you to buy now and make the payments later. […]