L&T Finance Holdings Ltd. Achieves Highest CDP Score of ‘A-’

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L&T Finance Holdings Ltd. (LTFH), one of the top retail financiers in the country, is thrilled to announce that the Company has achieved highest ever Carbon Disclosure Project (CDP) score of ‘A-’ in the ‘Leadership’ band. For the Company this is an improvement from the previous best of ‘B’ ‘Management’ band. The rating is higher than the Asia...

Austrade’s Tech Trade Mission 2023 Facilitates Australian Tech Companies’ Engagement in India’s Thriving Innovation Ecosystem

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The Australian Trade and Investment Commission (Austrade) recently concluded its Tech Trade Mission to India 2023 as a part of the Australia India Innovation Network (AIIN) program. 9 Australian Tech companies from Digital health/Medtech, Quantum and AI, and SAAS visited Chennai and Bengaluru from 27 November 2023 to 01 December 2023 to engage with India's diverse tech environment.   Austrade's Tech...

IDFC FIRST Bank and Mastercard Unveil the FIRST SWYP Credit Card

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IDFC FIRST Bank expands its credit card offering for the youth with  the introduction of the FIRST SWYP Credit Card. Created for today’s Gen Z generation, the card is designed to provide exciting lifestyle-related offers through our feature merchants & EMI benefits to cardholders, complete payment flexibility and a plethora of referral benefits. The card provides payment flexibility...

Ind-Ra Affirms IDFC First Bank’s Debt Instruments Ratings with Stable Outlook

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Mumbai, Maharashtra, India India Ratings and Research (Ind-Ra) has affirmed IDFC First Bank’s debt instruments ratings at ‘IND AA+’ with stable outlook, the private sector lender said on Tuesday.   India Ratings & Research (Ind-Ra) has re-affirmed the rating/outlook of bank’s debt instruments (Basel-III Tier-2 Bonds, Infrastructure Bonds and Non-Convertible Debt Instruments) amounting to Rs 29,148 crore at ‘IND AA+/Stable’, the lender said in a stock exchange filing.   Further, Ind-Ra has also assigned ‘IND AA+’ with stable outlook to Basel III Tier 2 Bonds amounting to Rs. 3,000...

IDFC FIRST Bank, LIC Cards and Mastercard Collaborate to Launch a Co-branded Credit Card to Meet the Financial Needs of India

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Available in two variants - LIC Classic and LIC Select, the credit cards will provide more than 27 crores policyholders across the country an opportunity to save in the form of reward points on every LIC insurance premium payment. It will also come with other benefits, including up to Rs. 50,000 cover for lost card liability and a...

Shrinithi Capital Joining Hands with Shriram Finance Ltd. to Expand their Micro Loans Business

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Shrinithi Capital Pvt. Ltd., headquartered in Chennai and specializing in commercial vehicle and two-wheeler loans, proudly announces its recent collaboration as a Revenue Sharing Partner with Shriram Finance Ltd., a leading NBFC in India. This agreement has signed by S. Sellamani Founder & CEO of Shrinithi Capital and Simon Mahendran, Chief Business Head - Partnership Business, Shriram Finance Ltd. in Chennai.   This agreement has signed by Sellamani Founder and CEO of Shrinithi Capital and Simon Mahendran, Chief Business Head - Partnership Business, Shriram Finance Ltd.   Established in 2019, Shrinithi Capital Pvt. Ltd....

Aspero’s Wealth & Well-Being Report Reveals 60% of Indian Investors Stress Over Future Uncertainty

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78% embrace fixed income investments for balanced portfolios and capital protection Aggressive investors are twice as likely to feel excited, while confusion is most prevalent among conservatives, affecting their risk-taking behavior Digital Shift: 60% of Indian investors embrace online resources while 35% rely on financial advisors to make financial decisions 36 to 45-year-olds adopt a dual commitment, allocating investments towards emergencies...

MAS Financial Services Ltd.’s Consolidated AUM Crosses the Milestone of Rs. 10,000 Crore During Q3FY24

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Ahmedabad, Gujarat, India MAS Financial Services Ltd.’s consolidated AUM crossed the milestone of Rs. 10,000 Crore during the quarter and stood at approximately Rs. 10,225 Crore as on December 31, 2023, registering a strong growth of 27% YoY.   The Company continues to have adequate liquidity of approximately Rs. 800 Crore as on December 31, 2023.   In consonance with the policy...

The Rise of Account Aggregators

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In recent years, the financial sector has witnessed a significant transformation with the emergence of innovative technologies. One such breakthrough is the advent of account aggregators, reshaping the way financial data is accessed and utilized. This article delves into the importance and implications of account aggregators in today's dynamic financial landscape.   ART Housing Finance India Limited   Understanding Account Aggregators Account aggregators...

Fintech Tide Formalizes 200,000 SMEs in India through its Digital Platform; Micro & Solopreneurs Lead Adoption for ‘Ease of Doing Business’

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84% of fintech’s adoption in UP, West Bengal, Maharashtra, Bihar, Rajasthan, Madhya Pradesh & Odisha Products and features to come: Bank Transfers, ATM withdrawal and more For easy access to formal credit, Tide to roll out credit marketplace platform to connect businesses with the right set of lenders Tide gears up to launch new business & financial solutions this year, aiming...