Banks expect microfinance delinquencies to ease from next quarter To safeguard borrowers from excessive interest rates and coercive recovery tactics, the Karnataka government has promulgated the Karnataka Micro Loan… 8 months agoFebruary 17, 2025
The future of credit lies in technology: How credit line on UPI will supercharge inclusion in India Credit Line on UPI is a more structured, transparent, and sustainable credit ecosystem that leverages UPI to enable banks to… 8 months ago
How has microfinance grown in India in the past 5 years? The microfinance sector has grown multiplefold over the years and currently contributes 3 percent to the GVA of the economy. 8 months agoFebruary 11, 2025
How can fintech solutions boost financial inclusion? Fintech solutions have given access to millions of people in India, taking away dependency on cash. Here are five drivers… 8 months agoFebruary 11, 2025
The micro-markets of Mumbai defining the city’s soul Real estate buyers in Mumbai look at Chembur, Matunga and Versova for the diversity they bring to the city. 8 months ago
Banks from 30 countries open accounts with Indian banks for local currency trade In December 2023, the Foreign Exchange Management (Manner of Receipt and Payment) Regulations were revised to enable cross border transactions… 8 months agoFebruary 7, 2025
Mis-selling of products to be taken very seriously: RBI Guv Sanjay Malhotra warns banks In his post-MPC meet presser, the RBI governor came down heavily on regulated financial entities, including banks and insurance companies,… 8 months ago
Gen AI and quantum computing to drive secure, smarter banking at Axis Bank From the ATM being seen as a novelty in the early 1990s to transitioning to internet banking and then to… 7 months agoMarch 4, 2025
Budget 2025 expectations: What the life insurance sector expects from the finance minister Budget 2025 can unlock the industry’s full potential through measures such as enhancing tax deductions under Section 80C, rationalising GST… 8 months ago
Banking, NBFC Stocks Rally Sharply. Here’s Why… RBI infused liquidity worth over Rs 1.5 trillion. Find out what this means for the banking sector and why the… 8 months agoJanuary 28, 2025
Shriram Finance’s PAT jumps 96% on one-time gain Shriram Finance allotted 69,513 equity shares (pre-split) under its employee stock option scheme 2023 at an exercise price of Rs… 8 months agoJanuary 24, 2025
Sundaram Alternates raises Rs 1,000 crore for realty fund The fund has attracted a diverse pool of investors across institutions, family offices, corporate treasuries and high net worth individuals. 9 months agoJanuary 15, 2025
Liquidity woes prompt RBI to hold largest VRR auction in a year Due to cash squeeze in the banking system, the interbank call money rate jumped 55 basis points above RBI’s repurchase… 9 months agoJanuary 10, 2025
Infinity Fincorp loan book tops Rs 1K crore Founded in 2016, Infinity Fincorp is primarily present in eight southern and western states, with the maximum number of branches… 9 months agoJanuary 8, 2025
NBFC fundraising through ECB route hits 5-year high The RBI’s decision in November last year to increase risk weights on bank funding to NBFCs prompted them to diversify… 9 months agoJanuary 8, 2025
Banks’ profits set to moderate in FY26, says India Ratings The agency expects loan growth to be in the range of 13-13.5% and deposit growth to be between 12-13% in… 9 months agoJanuary 7, 2025
Securitisation volumes to remain strong at Rs 68,000 crore in Q3FY25, says ICRA; What’s driving volumes upwards? The securitisation volumes of standard assets for Q3FY25 is expected to reach approximately Rs 68,000 crore, largely in line with… 9 months ago
Audit firms face talent crunch, as fee collections stagnate Several experts said that the company managements usually pick up the lowest bidder without assessing the quality of services that… 9 months agoJanuary 6, 2025
