Penny stock below Re 1: NBFC sets board meeting date to consider fundraise. Details here

Stock Market Today: Penny stock below Re 1 and NBFC (Non-Banking Financial Company) Standard Capital Markets Limited sets board meeting date to consider fundraise. Standard Capital Markets Board meeting intimation Standard Capital Markets intimated on Saturday 26 April 2025 intimated the Bombay Stock Exchange (BSE Ltd) about the meeting of the Board of Directors that…

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Stock to watch: LIC-owned small-cap NBFC stock redeems NCD worth ₹12 crore

Stock to watch: LIC (Life Insurance Corporation)-owned small-cap NBFC (Non Banking Financial Services) stock Paisalo Digital Limited redeems NCD worth ₹12 crore Paisalo Digital Limited Intimated to the exchanges on Friday 28 March 2025 about the part redemption of 1200 9.95% Listed, Secured Redeemable Non Convertible Debentures (NCDs). Paisalo Digital-Details on NCDs redemption Paisalo Digital…

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Trump’s policy reversals will have implications for jobs and livelihoods in India

Although only a few hundred deportees so far have been of Indian origin, there are serious implications for Indian labour market entrants. Nation states across the globe are now squarely responsible for providing jobs and livelihoods for populations within their respective borders.  Also Read: America’s H-1B visa is vital to US interests—and suits India too…

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L&T Finance’s retail disbursals hit record in Q3, but rural, micro slippages weigh on profit

Mumbai: L&T Finance Ltd posted record-high disbursements of retail loans in third quarter ended December, but its asset quality woes—especially in the lender’s microfinance and rural portfolios—weighed on profitability. The non-banking financial services company (NBFC) disbursed retail loans worth ₹15,210 crore during the quarter, up 5% on-year and 0.8% on-quarter, led by healthy growth in…

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India’s credit guarantee scheme for startups can play a vital role in economic growth

Accordingly, with a view to building a strong ecosystem for nurturing innovation and encouraging investments in it, Prime Minister Narendra Modi launched the Startup India initiative in 2016. The government unveiled a plan comprising 19 action points across areas such as “simplification and handholding”, “funding support and incentives” and “industry-academia partnership and incubation.”  In the…

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Mint BFSI Summit | Indian banks need to look at transforming back-end tech to stay ahead: Zafin CTO Shahir Daya

While India has been at the forefront of digital transformation when it comes to payments, user experience and front-end services, banks need to look at transforming back-end technologies, Shahir Daya, chief product and technology officer of banking software platform Zafin said. “A lot of time and effort has been spent in the last few years…

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Mint BFSI Summit | Experts emphasize balancing innovation and regulation in India’s fintech sector

Mumbai: India’s fintech sector is undergoing a regulatory shift, with industry leaders emphasizing the need to balance compliance and innovation.  At a panel discussion titled Indian Fintech: Balancing Disruption and Regulation during the Mint BFSI Summit on Friday, experts highlighted the challenges and opportunities of navigating this evolving landscape. “You may be right in the…

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