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Mufin Green Finance Gets RBI AD-II Licence, Expands Into Forex and Remittance Services
Mufin Green Finance Gets RBI AD-II Licence, Expands Into Forex and Remittance Services
Paytm Payments Services has received RBI's in-principle approval to operate wallets, but it must complete audits and secure final authorisation before issuing PPIs.
Bank credit growth accelerated to 19.26% as festive-season borrowing pushed outstanding loans to ₹237.03 lakh crore by October 31.
ECB filings by Indian corporates declined 13.3% to $7.05 billion in September, marking the first month-on-month fall in five months.
Manappuram Finance's Q2 FY27 profit jumped more than three-fold to ₹701 crore as Gold Loan AUM surged 92.5% to ₹60,640 crore.
The brokerage favours banks, industrials and consumer discretionary stocks in India. It cut China to neutral, citing a lack of catalysts for a sustained rise in valuations.
RBI Cheque Book Rules 2027: Will Existing Cheque Books Become Invalid After December 31? Central Bank Issues Clarification
NBFC lending against gold jewellery surged 66.1% to ₹3.74 lakh crore in September, while consumer durable credit jumped 54.4%.
RBI has formed a Technical Consultative Committee to examine policy and operational issues across India's money, government securities, forex and derivatives markets.
PFRDA aims to expand NPS through banks and UPI as it targets a pension corpus of around ₹100 lakh crore by 2040.
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