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4 mins read

Inflows into equity mutual funds plunge sharply in November; MFs trim holdings in ICICI Bank, HCL Tech, Kotak Mahindra Bank

$AXISBANK.NSE Breakout from previous swing high and retest of sameand moving up. Next tgt level to…

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3 mins read

Paytm is soon coming up with India’s first payments bank

Paytm, which expects to touch Rs 10,000 crore in deposits in the next three years, wants to launch …

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2 mins read

A 17-month old Indian Payments bank backed by $41 billion Aditya Birla Group has shut shop

The Aditya Birla Idea Payments Bank is shutting shop, and has asked customers to transfer their dep…

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What is Evergreening and why is it hurting IndusInd Bank’s investors today?

Investors of IndusInd Bank seemed to be extremely disappointed at the lender on Monday morning as i…

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1 min read

Axis Bank posts highest ever quarterly net profit that grew 86% on year

Total standalone income during July-September 2021-22 rose to Rs 20,134.39 crore, from Rs 19,55…

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Indian equities fall led by global cues and weakness in ICICI Bank, ITC, HDFC Bank, ONGC

In the initial trade, the key indices opened on a flat note and started to fall from the opening…

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1 min read

IndiaPost aims to open 50 branches of payments bank by May next year

Department of Posts was one of the 11 applicants that were given the RBI approval to open payments …

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2 mins read

FreeCharge has plans to speed ahead of Paytm. CEO says ‘our retention is not driven by discounts’

Rajan believes UPI will offer an added phillip to their business, “We’ll do whatever it takes to dr…

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3 mins read

Payments Banks - A game-changing idea for Financial Inclusion

​The financial system in India has witnessed marked changes since the time of liberalization. Banki…

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1 min read

Grabbing the million dollar opportunity, Infosys launches two new financial products

"These solutions are specifically tailored for organisations seeking payments banks and small finan…

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1 min read

RBI Releases Guidelines For Payments And Small Banks

These banks would help in fulfilling financial inclusion goals of the government, providing credit …

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7 mins read

Nykaa, Policybazaar, Paytm among nine companies whose IPO lock-in period ends in November

New-age tech companies like Nykaa, Policybazaar, Paytm and Fino Payments Bank may witness some pres…

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5 mins read

EbixCash has four businesses but only one of them is pulling in big money for the company

Nasdaq-listed Ebix Inc’s Indian subsidiary EbixCash has filed for a ₹6,000 crore initial public off…

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7 mins read

A year after market debut, Paytm is the worst performer among recent large IPOs – Cartrade, Policybazaar and LIC join the party

The Paytm IPO was the second largest in terms of value, but it has been amongst the worst first-yea…

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As Zomato, Paytm and new-age start-ups struggle at bourses, their unlisted peers stare at funding winter

It has been a tough year for India’s new-age start-ups as shares of recently listed companies like …

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4 mins read

Sensex, Nifty50 hit fresh all-time highs – Bharat Petroleum, Reliance Industries surge

Indian benchmark indices hit new all-time highs on Monday led by oil and gas stocks, overcoming mor…

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Heavy rain and thunderstorms to continue in Tamil Nadu for next two days

The IMD has predicted that low pressure may form over the southeast Bay of Bengal and surround…

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1 min read

One-year-old edtech startup BrightChamps is now valued at half a billion, after $63 million round led by Premji Invests and Flipkart's Binny Bansal

Founded by Ravi Bhushan in July last year, the live learning platform BrightChamps offers next…