Page 9 - Hem Securities News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BankSathi, a fintech startup, has become the third-largest credit card issuer in India with 3.6 lakh Annual Recurring Revenue. The company has issued 3 lakh credit cards as of June 2023, a fourfold increase from the previous fiscal year. The credit card industry in India is expected to grow at a 25% compound annual growth rate and reach 20 crore credit cards by 2026. BankSathi has achieved this milestone by leveraging algorithms and data analytics to provide personalized recommendations and by offering fast credit card approvals within 30 minutes. The company plans to close this financial year...

Aggressive IPO pricing and losses in books for the past two years may keep sentiment subdued, say analysts

Concord Biotech's grey market premium fell to 13-15 percent from 28 percent in the beginning of current month

If investors wish to buy SBFC Finance,

The NBFC, which is set to make its debut on the exchanges on August 16, is expected to trade at a 35-40 percent premium over its upper price band of Rs 57, far lower than the 70 percent expected earlier. A subdued market is behind this shift