NBFC resilient: Nomura sees growth amid global turmoil India’s NBFCs, as a sector, have been relatively insulated from global economic uncertainties. The NBFC sector has maintained double digit… 6 months ago
Regulatory boost: Retail security receipts redemption rate for ARCs to rise by 600 bps, says Crisil Ratings ARCs are expected to see the cumulative redemption rate of security receipts (SRs) issued for stressed retail assets improve by… 6 months ago
Contrarian Buy: CLSA sees 30% upside for IndusInd Bank CLSA believes that if IndusInd Bank delivers strong fundamental performance, concerns about recent discrepancy may subside. Here’s a detailed analysis. 7 months agoMarch 13, 2025
Neobank Zolve raises $251 million in Series B equity, debt round So far, Zolve has reached 750,000 customers, for whom the company has moved over $1.2 billion, and is on track… 7 months agoMarch 12, 2025
IndusInd Bank recovers 9% from intra-day lows: Analysts advise… The rout in the IndusInd Bank stock continues. Most brokerages have downgraded the stock and anticipate big hit in Q4… 7 months agoMarch 12, 2025
IndusInd Bank promoter Ashok Hinduja plays down discrepancies; says “nothing wrong with management” The IndusInd Bank promoter seem unfazed by the derivative discrepancies in the book. In a conversation with a TV channel,… 7 months agoMarch 11, 2025
Free UPI transactions for all? Govt may rethink policy for large merchants MDR, a fee paid by merchants to banks for processing real-time payments, is currently not levied on transactions made via… 7 months agoMarch 11, 2025
IndusInd Bank plunges 25%, biggest single-day crash; Brokerages slash target price by 30% Worrying times for IndusInd Bank. Brokerages downgrade stock on concerns that about a negative derivatives’ disclosure and its impact. 7 months ago
CreditAccess sees loan book growth but Karnataka stress weighs on asset quality The Karnataka government last month promulgated the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, aimed at… 7 months agoMarch 6, 2025
Banking system, built on trust, is the backbone of the BFSI industry While most transactions have moved to the virtual space, the physical touchpoints of bank branches will continue to exist. However,… 7 months agoMarch 4, 2025
The 3 biggest beneficiaries of RBI rollback are…. A lower risk weight will mean that lenders need to set aside less funds as a safety net for consumer… 7 months ago
Why are people spending less using credit cards – Key worries are… According to InCred Equities, credit card spending dropped by around 2.1 per cent on-month at approximately Rs 1.8 trillion. 7 months ago
New India Co-op Bank depositors can withdraw up to Rs 25,000 The co-operative bank had outstanding deposits of Rs 2,436 crore as of March 31, 2024, and advances of Rs 1,175… 7 months agoFebruary 24, 2025
New India Cooperative Bank embezzlement case: Three accused remanded in EOW custody till February 28 The court also sent Abhimanyu Bhoan, the former CEO of the bank, to police custody until the same date. 7 months agoFebruary 21, 2025
Financial inclusion goes beyond opening bank accounts, requires engagement, says RBI Deputy Governor According to the Reserve Bank of India’s Financial Inclusion Index (FI-Index), the extent of financial inclusion across the country stood… 7 months ago
Bank credit growth to NBFCs slows to four-year low in 2024 NBFCs have increasingly turned to the domestic capital market, raising funds through bonds, as well as the overseas market, tapping… 7 months agoFebruary 20, 2025
‘We still have a very big personal loans runway’, says SBI chairman Banking is a cyclical industry and we are at the most benevolent asset quality cycles. All of us are making… 7 months agoFebruary 19, 2025
Khara-led Irdai panel to review reforms The Bill, which has undergone extensive consultations over the past two years, proposes significant changes to the Insurance Act, 1938. 7 months agoFebruary 19, 2025
