AU Small Finance Bank commences home loans

Jaipur: AU Small Finance Bank (AU Bank) [BSE: 540611; NSE: AUBANK], a Fortune India 500 Company, announces their reentry into Housing Finance segment. AU Bank had earlier (as Au Financiers)…

A leading asset management company in India mandates 3i Infotech to integrate its business functions

Bangalore: ORION 11j Contracting Suite from 3i Infotech Limited (BSE: 532628, NSE: 3IINFOTECH), was recently chosen by a leading asset management company. The client, part of a NYSE listed company…

Bank of Maharashtra waives processing fee on Home and Vehicle loans till Dec 2017

Bank of Maharashtra waives processing fee on Home and Vehicle loans till Dec 2017

Pune: Bank of Maharashtra has completely waived processing fees on Home and Vehicle loans effective September 1, 2017 till December 2017. The Bank also offers zero processing fees when someone…

DHFL Appoints Harshil Mehta, CEO As Joint Managing Director and CEO

New Delhi: DHFL, one of India’s leading housing finance companies today announced the appointment of Mr. Harshil Mehta, CEO as Joint Managing Director and CEO of DHFL, as on September…

NBFC-MFIs moving towards cash-lite payment ecosystem: MFIN-MicroSave report

New Delhi: Microfinance Institutions Network (MFIN), the premier industry association and Self-Regulatory Organization (SRO) for the microfinance industry in India has recently released a study on adoption of cash-lite models…

Finance Minister Arun Jaitley Announces a New Exchange Traded Fund (ETF) by the Name “BHARAT 22”

Finance Minister Arun Jaitley Announces a New Exchange Traded Fund (ETF) by the Name “BHARAT 22”

New Delhi: The Union Finance Minister Shri Arun Jaitley announced here today a new Exchange Traded Fund (ETF) by the name BHARAT 22. Bharat 22 consists of 22 stocks of…

NABARD: 85.77 lakh Self Help Groups (SHGs) saving deposits of over Rs. 16,114 crore with banks as on 31.3.2017

NABARD: 85.77 lakh Self Help Groups (SHGs) saving deposits of over Rs. 16,114 crore with banks as on 31.3.2017

New Delhi: As per information compiled by National Bank for Agriculture and Rural Development (NABARD), as on 31st March 2017, 85.77 lakh Self Help Groups (SHGs) have saving deposits of…

Harmony Hedge Fund Becomes India’s First AIF to Trade on MCX

Mumbai: Multi Commodity Exchange of India Ltd (MCX) today announced that Harmony Hedge Fund, a Category III Alternative Investment Fund (AIF), has become the first institutional participant on its platform….

NPCI’s BHIM App crosses 16 million downloads mark

Bhubaneswar: National Payments Corporation of India’s Bharat Interface for Money (BHIM) App has crossed 16 million downloads and 4 million active customer base by end of June 2017. BHIM App…

Srei reports consolidated PAT of Rs76.32 crore during Q1FY18 versus Rs51.57 crore during Q1FY17

Kolkata: Srei Infrastructure Finance Limited (“Srei”), one of India’s largest holistic infrastructure institutions, has reported a consolidated profit after tax (“PAT”) of Rs76.32 crore during the quarter ended June 30,…