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Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months
Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…
ANI
After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit
The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…
ANI
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…
ANI
GSTN to share data with RBI's frictionless credit platform
The government has permitted GST Network to share data about GST-registered businesses, based on th…
PTI
Urgent need to address $4 trillion financing gap to accelerate progress on SDGs, notes FM
Observing that the global South is affected by global uncertainties, she said one in four developin…
PTI
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
SBI able to support loan growth, lower deposit growth not a challenge: Khara
Some experts have been opining that this is due to flow of savings into higher yielding capit…
PTI
5 things to keep in mind before taking a personal loan
A personal loan can come in handy when you need money in case of an emergency. Being an unsecured l…
Tesla stock has 40% upside as a 'top pick' as it corners the EV-credit market, Morgan Stanley says
"We see potential for the Tesla Energy business to be worth more than the autos business," Morgan S…
Matthew Fox
Indian government bonds to be included JP Morgan Govt bond Index from June 28
Indian government bonds are set to be included in the JP Morgan Government Bond Index, Emerging Mar…
ANI
Markets extend gains in see-saw trade; metal, banking stocks sparkle
Besides, a strengthening rupee and lower crude prices in the international markets also influenc…
PTI
Struggling US households may soon max out their credit cards as banks get skittish
"Credit card borrowing costs are the highest since records began in 1972 so there is going to be a …
Matthew Fox
The dark truth behind RBI’s crackdown on easy personal loans
The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…
FM Nirmala Sitharaman likely to meet PSU banks heads on Saturday
Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks…
PTI
Credit quality outlook of India Inc positive in first half of FY25: Crisil Ratings
Crisil Ratings on Monday said the credit quality outlook for Indian corporates remains positive for…
PTI
Markets extend gains for 5th session; Sensex revisits 74k
Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim…
PTI
RBI expects India’s GDP to grow at 7% in FY24; keeps repo rate unchanged
The Reserve Bank of India (RBI)’s Monetary Policy Committee unanimously decided to keep the repo ra…