Category: feature story
KFin Technologies has launched the mPower Wealth platform, an advanced, omnichannel wealth management solution designed to address the needs of wealth managers, family offices, banks, and external asset managers. The platform offers integration across front, mid, and back-office operations, multi-asset, multi-currency capabilities, and technology to help wealth managers improve client experiences. According to the 2024 Knight Frank Report, the global wealth management industry has grown substantially, with the ultra-high-net-worth individual (UHNWI) population increasing by 4.2% to 626,619 in 2023. Projections indicate a 28.1% rise over the next five years, with regions like India and mainland […]
Education loans, primarily those to fund courses overseas, will continue to be among the fastest-growing segments for non-banking financial companies (NBFCs) because of rising demand for higher education. After robust growth of over 80% and 70% in fiscals 2023 and 2024, respectively, NBFCs’ education loan assets under management (AUM) rose to ~Rs 43,000 crore as […]
The Central Board of Secondary Education (CBSE) carried out surprise inspections in 27 schools across Rajasthan and Delhi on Tuesday, targeting the issue of “dummy schools.” The inspections were part of an initiative to ensure that CBSE-affiliated schools adhere strictly to the Board’s norms and by-laws. According to a CBSE statement, the findings from these […]
