The application, which caters to micro, small, and medium enterprises (MSMEs), as well as freelancers and entrepreneurs, directly integrates accounting and financial management systems through APIs, while aiming to […]
FINANCE & BANKING
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Wio Bank Unveils New Service to Streamline SME Financial Workflows
Wio Bank, the UAE platform bank, has introduced a new embedded finance service designed for small and medium-sized enterprises (SMEs). In partnership with accounting software platforms Zoho Books, […]
FINANCE & BANKING
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Telangana farm loan waiver: Jharkhand, Maharashtra next? MFI shares take a beating today
Shares of micro finance institutions fell up to Rs 5 per cent today as the Telangana cabinet announced farm waiver of up to Rs 2 lakh for farmers, […]
FINANCE & BANKING
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Ujjivan Small Finance Bank shares dive 8% today; here’s what analysts say
Shares of Ujjivan Small Finance Bank tanked as much as 7.51 per cent in Monday’s trade to hit a low of Rs 44.73. The stock was last seen […]
FINANCE & BANKING
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Big US banks expected to be cautious on shareholder payouts after stress tests
Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks, but will be conservative on […]
FINANCE & BANKING
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Ujjivan Small Finance Bank shares fall 8%; target revised as SFB lowers FY25 guidance
Shares of Ujjivan Small Finance Bank (Ujjivan SFB) Ltd. declined as much as 8% in trade Monday, June 24. This was after the bank lowered its financial year […]
FINANCE & BANKING
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Wio Bank unveils new embedded finance services in the UAE
Wio Bank unveils new embedded finance services in the UAE. Source: Shutterstock.com Wio Bank is introducing a new embedded finance service designed especially for the UAE’s small and […]
FINANCE & BANKING
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North East property finance firm GB Bank launches new London office
The expansion comes a month after the bank secured an £85m investment
FINANCE & BANKING
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GST: Banks in a GST fix over RBI’s directive to levy penal charges
The ban on ‘penal interest’ on borrowers is posing a tax dilemma for banks. Banks fear that the Reserve Bank of India’s (RBI) directive to levy penalty only […]
FINANCE & BANKING
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Want to break away from rural, semi-urban labelling: M&M Finance CEO Raul Rebello – Banking & Finance News
Raul Rebello, the new MD & CEO of non-banking finance company (NBFC) major Mahindra & Mahindra Financial Services (M&M Finance) will prioritise maintaining its market share in the […]