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AU Small Finance Bank launches RuPay credit card for self-employed clients

admin May 9, 2023 0 Comments

AU Small Finance Bank has partnered with RuPay to launch the Rupay Business Cashback Credit Card, an innovative solution designed to meet the financial requirements of self-employed customers. This latest…

Banking

Manappuram Finance says enforcement action against developer, not company

admin May 8, 2023 0 Comments

Manappuram Finance Ltd, in a notice to the stock exchanges on Friday, clarified that the enforcement action against its promoter is not linked to the affairs of the listed entity.On…

Banking

Max Life partners with Capital Small Finance Bank to offer life insurance solutions

admin May 8, 2023 0 Comments

maximum life insurance company and Capital Small Finance Bank have announced a partnership to offer life insurance offerings to the latter's customers. Through this alliance, Max Life and Capital SFB…

Banking

ED action based on ‘bad faith’ FIR related to 10-year case: Manappuram Finance MD

admin May 7, 2023 0 Comments

Gold lending lender Manappuram Finance, in its regulatory filing to exchanges on Friday, said its backer VPNandakumar has received a freezing order on his personal assets, including 19,29,01,996 equity shares…

Banking

Piramal Capital in talks with RBI on milestones to be achieved for home finance label

admin May 6, 2023 0 Comments

Piramal Capital and Housing Finance Ltd (PCHFL) is in ongoing discussions with the Reserve Bank of India regarding the trajectory of the different milestones that need to be achieved in…

Banking

ED Action Based on Bad Faith FIR Related to 10-Year Case: Manappuram Finance MD

admin May 5, 2023 0 Comments

One day after officials from the Execution Directorate visited the premises of Manappuram Finance Ltd, VP Nandakumar, the company's Managing Director and CEO said that the ED's visit has nothing…

Banking

ED freezes assets of Manappuram Finance MD worth ₹143 crore

admin May 4, 2023 0 Comments

The Compliance Directorate froze the assets of VP Nandakumar, Managing Director and CEO of Manappuram Finance totaling ₹143 crore as part of an investigation under PMLA, 2002. The frozen assets…

Banking

India needs carbon pricing and taxation to grow green finance: RBI report

admin May 4, 2023 0 Comments

To accelerate and boost green finance in the country and meet climate targets, India needs to implement a broad-based carbon pricing system in line with emerging global best practices and…

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Impact on manufacturing and small businesses

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