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Finance

Finance

Beyond Instant Approvals: PayMe CEO Mahesh Shukla on Building Compliant Lending for India’s New Credit Economy

Speaking with TechGraph, Mahesh Shukla, Founder and CEO of PayMe, discussed how India’s digital lending landscape is evolving from instant disbursal models to frameworks...
Bank

Debt Recovery Reinvented: Collectedge’s Ranjan Agarwal on Reshaping India’s Collections Ecosystem for Lenders

Speaking with TechGraph, Ranjan Agarwal, CEO and Co-Founder of Collectedge, discussed how India’s debt recovery landscape has remained fragmented and manual even as digital...

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Business

InstaReM starts digital money transfer service in Canada

Krishna Mali -
Solidifying the company’s presence in North America. Singapore -based cross-border digital payment company, InstaReM has announced the launch of cost-effective digital cross-border payments transfer...
Finance

Government scraps 5 percent import duty on open cell TV panel

Krishna Mali -
In a bid to boost domestic manufacturing, the government has removed 5 per cent custom duty imposed on import of open cell TV panel,...
Business

London Stock Exchange to acquire Refinitiv for $27 billion

Krishna Mali -
The London Stock Exchange Group said on Friday it was in discussions to acquire financial data analytics provider Refinitiv Holdings for $27 billion, including...
Business

Indian junk bonds make a big comeback in 2019

Krishna Mali -
Sales of Indian junk bonds have made a big comeback in 2019, almost tripling to hit a five-year high, boosted by a risk-on rally...
Finance

Nissan Motors files criminal complaint against ex-boss Carlos Ghosn

Krishna Mali -
Nissan Motor said on Monday it had filed a criminal complaint against former Chairman Carlos Ghosn related to an aggravated breach of trust under...
Business

SoftBank is picking its battles with US national security board

Krishna Mali -
SoftBank Group Corp has agreed to give up board seats and access to sensitive information, take a more passive role in startups and make...
Finance

China’s economic growth in 2019 is expected to slow by 6.2% despite policy support

Krishna Mali -
China's economic growth is expected to slow to a near 30-year low of 6.2 percent this year, a Reuters poll showed on April 12,...
Business

SBI raised Rs 1,251 crore through Basel III-complaint bonds

Krishna Mali -
One of India's largest public bank, State Bank of India has raised Rs 1,251.30 crore from Basel III-complaint bonds. In a regulatory filing on Friday,...
Business

Exim Bank grants $83 million in loans to Congo to finance three solar power projects in Central Africa

Krishna Mali -
Exim Bank on March 19 said it has given a loan of $83.11 million to Congo to finance three solar power projects in the...
Business

Saudi Arabia to receive $20 Billion in passive inflows

Krishna Mali -
Saudi Arabia's inclusion in major emerging markets stock indices from March 18 is likely to suck in around $20 billion in passive inflows, but...
Finance

Finance Minister Asad Umar: Pakistan fails to lock $3.2 billion oil payment facility from UAE

Krishna Mali -
Cash-strapped Pakistan has failed to secure a USD 3.2 billion oil on deferred payments facility from the UAE, a media report Thursday quoted Finance...
Business

Infosys Finacle to develop cross-border trade finance network for Hatton National Bank

Krishna Mali -
Sri Lanka's leading private bank Hatton National Bank (HNB) on Wednesday announced that "It has partnered with Infosys Finacle Trade Connect, a part of...
Business

RBI fines ICICI Bank, SBI and 17 other banks for non-compliance use of SWIFT Network

Krishna Mali -
The Reserve Bank of India (RBI) has fined at least 19 lenders, including top banks such as ICICI Bank and State Bank of India,...
Business

Pakistan may ask for an additional $1.45 billion loan from Islamic banks

Krishna Mali -
Pakistan will likely turn to Islamic banks to borrow another 200 billion rupees ($1.45 billion) to try to ease a financial crunch in its...
Finance

China blames Washington for trying to block its development

Krishna Mali -
China's government on Monday accused the United States of trying to block its industrial development after Vice President Mike Pence said Chinese equipment poses...
Finance

Fintech startup NIRA secures $1Mn in seed round funding

Krishna Mali -
An India based Fintech startup NIRA, on Tuesday announced that "It has secured $1 million in seed round funding from angel investors in India...
Finance

FinTech startup IndWealth secures $30 million from Steadview Capital

Krishna Mali -
Ashish Kashyap, Former CEO of Ibibo on Monday announced: "his new venture IndWealth has secured $30 million from Steadview Capital." The company in a statement...
Finance

Alibaba opens two new data centers in Europe, aims to boost its Cloud Business

Krishna Mali -
To increase the presence of Cloud business in Europe, Alibaba on Monday announced that "It has opened the two new data centers in U.K." The...
Business

RBI Introduces Further Measures to Increase Credit Flow to NBFCs

Krishna Mali -
"The move will help provide liquidity to housing finance companies (HFCs) and non-banking finance companies (NBFCs) that have come under pressure following a series...
Finance

Truecaller Partners with Bank of Baroda, Aims to Strengthen Digital Payment Services

Krishna Mali -
With an aim to strengthen its hold over the Indian mobile payment space, the Sweedish caller identification app True Caller has partnered with Bank...
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