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Insurance regulator approves Bima Sugam
The insurance regulatory and development authority of india (irdai) has currently given its approval to ‘bima sugam’. The coverage regulator…
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What is APR?
The 2 Ms that most humans love in their lives are “Mystery” and “Money”. And who higher than bankers to…
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Gurugram based fintech start-up aims to disburse loans worth Rs 250 Cr to the rural MSME
In a bid to make the financial environment for indian msmes greater inclusive, fintech enterprise, lendingkart has partnered with the…
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What is a stockbroker?
A stockbroker is a regulated representative of the monetary marketplace who enables the buying and selling of securities on behalf…
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RBI’s proposal to link credit cards to UPI may benefit fintech platforms, say brokerage firms
Rbi’s thought to link credit cards to upi will largely benefit fintech platforms like paytm, said brokerage firms citi and…
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Hdfc sells a number of distressed loans to acre amc
Acre asset reconstruction co (arc), a hong kong-based $8 billion alternative investment vehicle sponsored Ares SSG, acquired a few loan…
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IRDAI issues draft guidelines on demat of insurance policies
The insurance regulatory development authority of india (IRDAI) on october 1 issued draft guidelines on the dematerialisation of latest insurance…
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Ecommerce sales likely to drive credit card spends in Sept even as lively cards decline
Credit card users have spent over ₹1 lakh crore now for the sixth consecutive month. In august, credit card users…
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Bank credit registers yearly growth of 16 percentage in August; personal loans up 19 percentage
Personal loans, pushed by way of borrowing for housing and vehicles, rose 19.5% in august 2022 from 12.8 % a…
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How Does the Sensex Work?
The s&p bse sensex index, colloquially called the sensex or sensex index, is a benchmark index of 30 of india’s…
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