RBI Governor Sanjay Malhotra is urging the Clearing Corporation of India (CCIL) to build infrastructure for multi-currency trading of the…
Ahead of GST 2.0 and the festive season, banks and NBFCs are rolling out aggressive offers on loans, credit cards,…
JPMorgan’s 1% cut in India’s bond weight in its GBI-EM index is unlikely to dent inflows. Strong fundamentals, a rating…
Corporate FDs are making a comeback as manufacturing firms like Godrej & Boyce and Hawkins Cookers tap retail investors. Offering…
Fusion Finance has cut its loan book by 28% and tightened credit guardrails after rural over-leverage pushed NPAs above 10%.…
Arohan MD Manoj Nambiar on diversifying beyond microfinance, tackling credit costs, and balancing profitability with purpose. He outlines growth priorities,…
The Indian rupee has fallen to a record low of 88.44 against the US dollar, driven by persistent FPI outflows…
RBL Bank plans to triple retail loans to Rs 6,000 crore by FY26 and expand its branch network to 770…
RBL Bank aims to triple retail assets to Rs 6,000 crore in FY26, boost retail deposits to 55%, and expand…
Banks brace for the fallout of US tariffs on exports, warning of systemic risks to MSMEs, textiles, gems, and more.…
Former RBI Governor Urjit Patel, known for his firm stance on institutional independence and a flexible inflation-targeting framework, has been…
The Indian rupee hit a new record low of 88.20 against the US dollar, marking its biggest one-day monthly fall.
Indian exporters, particularly MSMEs, are showing early signs of financial distress following the imposition of US tariffs.
BOBCARD, a Bank of Baroda subsidiary, plans to double its credit card base to 7 million cards in two years,…
NaBFID will launch a credit enhancement product for municipal bonds within four months to address low ratings and attract investors.…
Indian markets tumbled over 1% on Tuesday, their sharpest fall in three months, as investors reacted to looming US tariffs,…
MSMEs face hurdles beyond the credit gap, including delayed payments, lack of equity, weak data for underwriting, and climate risks.…
SBI chairman CS Setty said banks, via IBA, will seek RBI’s approval to finance mergers & acquisitions, especially for listed…
