March 24, 2025

nbfc

Banking

The great banking shake-up: Will digital kill the branch, or is hybrid the future?

When was the last time you visited a bank branch? Chances are that you will get different answers from Indians. If you are young and tech-savvy, most of your banking requirements are met through digital banking and you have hardly felt the need to visit a bank branch. If you are a senior citizen or in

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Finance

Manappuram Finance shares jump 14% as Bain Capital buys 18% stake for ₹4,385 crore

Shares of non-bank lender Manappuram Finance rose as much as 14% in intraday trade on Friday to hit a record high after private equity firm Bain Capital said it will be invest ₹4,385 crore to acquire an 18% stake in the Kerala-based non-banking financial company (NBFC). Bain Capital has entered into definitive agreements to acquire

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