Tag: icici bank
Will banks start reducing fixed deposit (FD) interest rates from now? All eyes on RBI MPC announcements tomorrow
Is the era of rising interest rates on fixed deposits (FDs) over; will rates start falling now? With another expected pause by the Monetary Policy…
credgenics funding: Debt collections platform Credgenics secures $50 million in funding from Westbridge, Accel, others
Debt collections platform Credgenics has raised $50 million in a series B round of funding. Venture investors Westbridge Capital, Accel, Tanglin Ventures, and Beams Fintech…
ICICI bank reports 40% rise in Q1 net profit to ₹9,648 crore
PTI | | Posted by Singh Rahul Sunilkumar Private lender ICICI Bank on Saturday reported a 40 per cent rise in standalone net profit to…
paytm: ETtech In-depth | Inside Paytm’s cashback offers for retailers
Fintech giant Paytm is back to offering cashbacks. This time, the money is being dangled before merchants, not consumers. And the strategy is proving to…
Jefferies’ Chris Wood increases bet on Zomato, reduces investment in ONGC
After adding Zomato to his India long-only portfolio a month ago, Jefferies’ Christopher Wood has gone a step further by increasing investment in the online…
new bank: Customers face brunt of new bank locker rule
(This story originally appeared in on Jun 30, 2023) MUMBAI: With Friday being the deadline for updating 50% of locker agreements, banks are urging customers…
Why has India’s corporate tax mop-up failed to match the pace of personal income-tax collection?
Back in 2010-11, India’s corporate tax mop-up was twice its personal income tax (PIT) collection. Now both are almost equal. In the past decade, the…
phonepe credit merchant lending: PhonePe taps merchants in big lending push
Digital payments major PhonePe has jumped on the credit bandwagon with a foray into merchant lending. This comes on the heels of its aborted acquisition…
RBI MPC: Book FDs at high interest rates before they start to dip as RBI MPC is expected keep repo rate unchanged
Is the era of rising interest rates on fixed deposits (FDs) coming to an end? Only time will tell but there is a chance that…
kohinoor biswas bharatpe: BharatPe appoints Kohinoor Biswas as head of its consumer lending business PostPe
Fintech startup BharatPe has appointed Kohinoor Biswas as the head of its consumer lending vertical. Biswas was heading the credit card portfolio at ICICI Bank…