Financial Services | Ganga News Today

The sticking point in the rollout is the reluctance of Indian and Sri Lankan banks to come to an agreement on fee payments for transactions using the RuPay cards.

WORLD

India Aims to Introduce RuPay Services in Sri Lanka

March 18, 2024

India's push to introduce RuPay services in Sri Lanka aims to enhance digital payment connectivity between the two countries, facilitating ...

The fund has so far invested over 40% of its corpus across eight deals, the company said

BUSINESS

Edelweiss Raises $1 Billion for Third Special-Situations Fund

by Ayushi

October 23, 2023

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Edelweiss Alternative Asset Advisors (EAAA), the alternative-assets division of Edelweiss Financial Services Ltd., has announced that it raised $1 billion ...

The resolution now hangs in the balance, with investors getting a narrow window between 22 and 26 March to vote

BUSINESS

Northern Arc Capital Appoints ICICI Securities for ₹2K Crore IPO

by Ayushi

October 19, 2023

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Chennai-based non-banking financial company (NBFC), Northern Arc Capital Ltd, has taken a significant step toward its ₹2,000 crore initial public ...

The internal analysis of industry-level data showed that the number of personal loans disbursed grew between FY20 and FY23, MD of Bajaj Finance Rajeev Jain said

BUSINESS

Bajaj Finance Reduces Lending to Customers with Small Loans

by Ayushi

October 17, 2023

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Bajaj Finance, one of India's prominent non-banking financial institutions, has taken a proactive step to manage its risk by preemptively ...

BUSINESS

Hero FinCorp Shortlists Investment Banks for ₹4,000 Crore IPO

by Ayushi

October 17, 2023

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Hero FinCorp, the financial services subsidiary of Hero MotoCorp, India's prominent two-wheeler manufacturer, has taken a significant step toward launching ...

OpenAI's ChatGPT experienced a third consecutive monthly decrease in website traffic in August, but indications suggest the decline may be stabilizing.

INDIA

Morgan Stanley to Launch AI Chatbot in Partnership with OpenAI

by Ayushi

September 7, 2023

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Morgan Stanley is preparing to debut an innovative generative artificial intelligence chatbot later this month, developed in collaboration with OpenAI, ...