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Indian banks to have steady growth in earning over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report
Jefferies reports Indian banks are poised for steady earnings and return growth over the next 3-4 y…
Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…
ANI
Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal
As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…
ANI
Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report
Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…
PTI
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…
Digitalisation, credit growth, government policies to drive MSME growth, say experts
The report also shared a survey finding (published in June 2021) conducted by Bluehost, a web ho…
Home loans growing at a faster rate in Tier 3 and 4 districts, thanks to WFH: SBI report
A new report by SBI has revealed that thanks to WFH’s popularity, Indians are increasingly obtainin…
Indians are taking more personal loans, buying consumer goods on credit, says report
Personal and consumer durable loans almost doubled between FY19 and FY22, despite a lull for two ye…
Paytm's diverse sources of monetisation to drive profits: JP Morgan
As India's fintech landscape continues to evolve, achieving strong monetization has become a challe…
ANI
Budget 2022: Expectations for hike in tax deduction on home loans
The 66 per cent young population - below 35 years of age, are emerging as young millennial borro…
OPINION: How new age NBFCs are changing the small ticket business loan landscape in India
As of March 2021, India’s total lending market size stood at ₹156.9 lakh crore, recording around 10…
Banning plastics is necessary, but here’s what that might cost India
It may be the need of the hour, but there’s a sizable economic cost attached to it as well that …
There Are Just 4 Major Public US Solar Companies To Watch, And Analysts Expect Crazy Amounts Of Growth In 2014
It is true that there have been lots of bankruptcies along the way. At the end of 2012, GTM Researc…
Rob Wile
Demand for generic medicines in India growing rapidly, notes recent UBS report
As these stores expand, the sales of more expensive branded medicines are likely to be impacted.…
ANI
SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3
India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…
India Shelter Finance IPO subscribed 1.48x times on day 1 Q
Affordable housing company India Shelter Finance Corporation’s IPO was subscribed to 1.48 times the…
J G Chemicals slips 16% below its issue price on debut day
Zinc Oxide maker J G Chemicals made a tepid debut, as it listed at a discount of 4.5% discount on W…
Fedbank Financial Services IPO sails through, subscribed 2.2x
As much as 38% of the public offering of Fedbank Financial Services was subscribed on the first day…
Fedbank Financial Services IPO to open on November 22; price band fixed at ₹133-140/sh
The initial public offer (IPO) of Fedbank Financial Services will open for subscription on November…