Financial institutions are increasingly integrating AI as a supplementary layer to existing loan systems to accelerate decision-making, improve customer service, and maintain control amid compliance constraints, signalling a shift towards hybrid lending platforms. Banks are under pressure to modernise lending…
Bengaluru-based fintech super.money plans to make its splitStore initiative a key revenue driver by December, blending shopping, lending and payments into a unified product as it seeks to disrupt traditional buy now, pay later models in India. Super.money is betting…
Raymond Realty’s first quarter reports a significant surge in pre-sales and revenue, but profit margins come under pressure due to rising costs, signalling a cautious yet optimistic outlook for FY27. Raymond Realty reported a softer first quarter even as demand…
Technocraft Ventures’ IPO saw robust demand across institutional and retail investors on its first day of subscription, signalling optimism for the infrastructure company’s market entry. Technocraft Ventures’ initial public offering drew solid early interest on its first day of subscription…
Mumbai Police’s quick intervention on a WhatsApp impersonation scam prevented a private company’s loss of nearly ₹2 crore, highlighting rising cyber fraud threats involving AI cloning and urgent messaging tactics. Mumbai Police said their cyber helpline helped stop a WhatsApp…
As property values increase, homeowners are increasingly turning to home equity loans and HELOCs to fund moves and renovations, but must carefully consider the risks and timing involved in leveraging their property assets. Home equity has become one of the…
Taking out a joint personal loan can expand borrowing options for shared expenses but also synchronise the financial fate of both borrowers, posing potential risks and benefits. Taking out a personal loan with another person can widen borrowing options when…
Members of IQ credit union are urged to stay vigilant as scammers escalate impersonation techniques, involving fake government calls and urgent money transfer demands, amid rising fraud losses reported by the FTC. Credit union members are being warned about a…
The Reserve Bank of India reports that loans against gold jewellery are the fastest-growing segment in the country’s retail credit market, driven by higher gold prices and ease of access, outpacing traditional loans like housing and auto finance. India’s retail…
Finolex Industries announces a measured growth strategy centred on volume expansion, product diversification, and capacity investment, as it aims to balance its revenue streams and reduce reliance on agricultural markets. Finolex Industries is signalling a steady expansion plan centred on…
