According to the FACE-Equifax Fintech lending trends report, fintech players had disbursed digital loans amounting to Rs 92,267 crores in FY23. Even the number of loans given during FY23 rose to 71 million, a 49% YoY rise from 47.7 million loans doled out in FY22.
Leading the direct to consumer (D2C) bandwagon are full time working millennials (about 70%). About 85% of them also noted that they are going to increase their spendings in as many as 11 product categories for the remaining year.
Today we had 2 listings and by recent standards, it can be said that those listings lacked any kind of luster.
There is no need to be disappointed if you are not allotted shares in IPO. You can rather invest in IPO focused mutual funds.
Apart from Bank of Baroda, IDBI Bank, HDFC Bank, Bank Of Maharashtra, Punjab & Sind Bank are some of the other banks which provide the feature of KYC update through video calls.
These days, fake emails and SMS are being sent to people in the name of providing Income Tax Refunds (ITR). They contain a link that is said to belong to the Income Tax Department. The message or email asks to click on the link to verify their bank account details in order to receive the ITR refund.
GDP had grown at 6.1 per cent in the January-March 2023 (Q4 of FY23) as compared to the corresponding period a year earlier.
Onion retail prices could rule firm at the high current levels, traders from the onion growing states have said, according to a report by The Economic Times.
During the recently concluded monsoon session, the Members of Parliament (MPs) had complained about IndiGo and stated that the airline staff did not provide them with facilities and courtesy at the airports as per protocol