NPCI plans to expand UPI internationally by targeting countries with large Indian diaspora populations, with CEO Dilip Asbe saying it could enter 15-20 markets over the next decade. NPCI is in talks with Japan, Malaysia and Bahrain, while exploring AI-enabled…
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Asset reconstruction companies bought twenty-six thousand three hundred four crore rupees of bad loans. This acquisition saw a fifty-six percent increase from the previous year’s figures. The overall non-performing asset ratio in the banking system continued its downward trend. Banks…
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Domestic equity markets traded subdued on Monday amid resilient domestic demand and continued foreign investor buying, while crude oil prices surged up to 1 per cent offering mixed cues for investors.
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India is set to unveil the GOBARdhan scheme, targeting a significant rise in Compressed Biogas production. By transforming agricultural waste into clean fuel, this initiative promises to enhance domestic CBG production in the coming decade. Besides assisting farmers, it fosters…
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Leading FMCG firms are planning price increases and shrinkflation this quarter. Rising commodity costs and geopolitical issues are driving these necessary adjustments. Companies aim to protect profit margins while maintaining consumer demand and growth. Britannia and Dabur India are among…
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Large microfinance companies including Muthoot Microfin and Satin Creditcare have raised their growth forecasts as private banks, small finance banks and smaller MFIs scale back lending. Improving asset quality is also supporting expansion by larger, well-capitalised microfinance lenders.
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