RBI red-flags worsening asset quality in unsecured loans Fresh accretion of non-performing assets (NPAs) in retail loan portfolios was also dominated by slippages in the unsecured loan book,… 9 months agoDecember 30, 2024
Microfinance sector faces rising delinquencies across lenders and loan sizes: RBI The microfinance sector has been grappling with high delinquencies attributed to overleveraging and stress in rural household incomes. 9 months agoDecember 30, 2024
Omkara ARC acquires Rs 750-crore retail stressed assets Omkara ARC came into the limelight this year after it won the bid in August to acquire NPAs from the… 9 months agoDecember 30, 2024
Rajat Verma to become CEO of DBS Bank India in March 2025, succeeding Surojit Shome Rajat Verma, currently Head of Institutional Banking Group at DBS India, will succeed Surojit Shome as CEO in March 2025,… 9 months agoDecember 30, 2024
Vision & courage defined Dr Manmohan Singh, says Dr Rangarajan A perfect partner at the RBI for Dr Singh, Dr Rangarajan reminisces the “consultative approach to policy formulation of Dr… 9 months ago
SMFG India Credit receives Rs 3,000 crore from Japanese parent The company has also been trying to reduce the share of unsecured credit in its books – something the Reserve… 9 months agoDecember 26, 2024
A year where audit integrity took centre stage In November, NFRA finalised and recommended 40 SAs, including the SA 600 and SA 299, to the ministry of corporate… 9 months agoDecember 25, 2024
UPI AutoPay yet to gain user acceptance Around 44% of respondents thought NPCI should be putting out more newspaper advertisements, creating more awareness, and explaining the feature… 9 months agoDecember 25, 2024
Dezerv targets risk management in 2025 Since then the company has raised another two rounds of funding, bringing the total funding raised to $60 million, and… 9 months agoDecember 25, 2024
Consumer benefits of implementing market caps in the UPI ecosystem Here is how market caps in UPI aim to boost competition and protect consumers in India’s growing fintech ecosystem. 9 months ago
Deposit mobilisation, rate cut key challenges: Indian Bank MD To expand reach and customer base, the bank has been collaborating with companies to provide loans under various government schemes. 9 months agoDecember 24, 2024
‘Crop, motor, health and commercial to equally contribute to portfolio by FY26’ Sharad Mathur, managing director and CEO, Universal Sompo General Insurance. 9 months agoDecember 24, 2024
NBFCs and MSME Lending in India: A Key Partnership for Economic Growth “NBFCs play a crucial role in supporting India’s MSMEs by addressing financing challenges and helping them drive economic and social… 9 months ago
NFRA’s move on “SQM” norms needless: ICAI On the issue of Byju’s,Agarwal said that the matter has been referred by the the disciplinary directorate to the disciplinary… 9 months agoDecember 23, 2024
Shriram Finance consolidates green initiatives under Shriram Green Finance, sets Rs 5,000 crore AUM target Shriram Finance launches Shriram Green Finance to boost green initiatives, targeting Rs 5,000 crore AUM. Explore their sustainability goals now! 10 months agoDecember 20, 2024
Unregulated lenders could face up to 10 years in prison Besides investigating agencies, the competent Authority would have to share all information to regulators and income tax department. 10 months agoDecember 19, 2024
NBFC loans: Balancing growth and risk in a changing landscape The RBI has maintained its outlook that NBFCs are a vital catalyst for development of the Indian economy. However, it… 10 months ago
Bank of Baroda launches ‘phygital branches’ with self-service kiosks, universal service desks, in-person customer service Explore Bank of Baroda’s phygital branches for 24/7 kiosks, video call services, and in-person help. 10 months ago
