See IPO market recovering in a few months, says BOBCAPS joint MD Sanjiv Saraff The IPO market has been subdued in recent months due to a volatile stock market in India and central bank… By Ajay RamanathanMarch 23, 2023 02:15 IST
Loan generation via SBI YONO surpasses Rs 1 trn Akin to SBI YONO application, Kotak Mahindra Bank’s Kotak 811 and ICICI Bank’s iMobile Pay application have witnessed strong traction. By Ajay RamanathanMarch 23, 2023 02:00 IST
Digital lenders disbursements zoom 147% in October-December The disbursement volume of digital lenders has risen 147% year-on-year to 18.3 million in October-December, according to a report by… By Ajay RamanathanUpdated: March 18, 2023 09:10 IST
MFI loans rise 25.2% in Oct-Dec Currently, there are 83 microfinance institutions with a loan amount outstanding of Rs 1.2 trillion, accounting for 38.5% of the… By Ajay RamanathanMarch 17, 2023 04:45 IST
Co-lending pacts between NBFCs gaining traction These include segments like home loans, two-wheeler loans, commercial vehicle loans, microfinance loans, gold loans and MSME loans. We are… By Ajay RamanathanMarch 17, 2023 01:30 IST
Dent to affordable housing temporary, say bankers Simultaneously, the share of fresh housing loans with an average ticket size of more than `50 lakh has witnessed a… By Ajay RamanathanMarch 16, 2023 04:15 IST
Liquidity may continue to remain tight, say experts The tight liquidity conditions are likely to remain going ahead, as central banks remain focused on removing excess liquidity from… By Ajay RamanathanMarch 16, 2023 00:15 IST
Yes Bank tanks 13% as lock-in period expires In March 2020, a consortium led by State Bank of India (SBI) infused Rs 10,000 crore into Yes Bank in… By Ajay RamanathanMarch 14, 2023 05:30 IST
‘May hike lending rate in order to mitigate higher borrowing costs’ The demand is kind of skewed. If you look at southern states, sales have come down. Incremental sales are happening… By Ajay RamanathanMarch 14, 2023 05:15 IST
Analysts shrug off IndusInd Bank MD tenure worries Shares of IndusInd Bank fell nearly 8% intraday on Monday in the aftermath of the SVB collapse, which made bank… By Ajay RamanathanMarch 14, 2023 02:30 IST