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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
RBI to set up public repository of digital lending apps to check unauthorised players
In a post-monetary policy review address, RBI Governor Shaktikanta Das said the central bank has ta…
PTI
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
The EU may be prepping to lend Ukraine up to $45 billion — with or without the US
The move comes after a plan to use profits from Russia's frozen funds to help Ukraine ran into road…
Hannah Abraham
SBI raises lending rates by 5 to 10 basis points; New loans to cost more
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…
ANI
Bitcoin is surging on hopes rate cuts will drive a speculative rush
Bitcoin jumped as much as 6.4% on Tuesday as hopes for a large Fed rate cut enticed crypto investor…
Filip De Mott
Bajaj Housing Finance IPO subscribed about 67 times at the end of Day 3
The initial public offering (IPO) of Bajaj Housing Finance Limited (BHFL) was subscribed to as many…
ANI
Stock market today: Indexes rise as traders eye debate and upcoming inflation report
Stocks continued to rise higher after rebounding sharply on Monday, as investors gear up for the up…
Filip De Mott
Russian banks say they're run out of yuan as Chinese firms pull away from the nation
Payment scuffles between Russian companies and Chinese banks have escalated in recent weeks, with C…
Jennifer Sor
PhonePe Group posts Rs 197 crore profit for FY24
The group has expanded into financial services (insurance, lending, wealth) as well as new consumer…
PTI
Here's why gold prices could climb even higher from current record levels
Gold prices hit a fresh record high, above $2,500 an ounce recently — making standard gold bars wor…
Huileng Tan
A sharp reversal in the stock market's fear gauge means the worst is over for investors, Fundstrat says
"VIX falling from 66 to 27 is a positive sign and further sign this is a 'growth scare' with the wo…
Matthew Fox
The market is flashing signs of a dangerous debt bubble with losses that could be 'contagious,' economist says
US stocks could be seeing one of the most problematic types of asset bubbles, according to one Gold…
Jennifer Sor
IIFCL profit rises 44% to highest-ever of ₹1,552 crore in FY24
He said, for the first time, the profit before tax has crossed Rs 2,000 crore. During the yea…
PTI
Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore
On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …
Akme Fintrade IPO allotment – How to check allotment, GMP, listing date and more
Udaipur-based Akme Fintrade, a non-banking financial company which provides lending solutions to th…
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
Stock market opens in green amid mixed global cues
The BSE Sensex opened with a modest rise of 96.95 points at 77,434.54, while the NSE Nifty saw a sl…
ANI
There's a 'renaissance' coming for boring stocks. Here's how investors can position to take advantage, according to BofA.
Value stocks, which have been nearly forgotten as investors chase AI-fueled growth names, are set t…
Matthew Fox
The commercial real estate market is frozen as soaring bond yields bring lending to a halt
The bond market's crash is adding more pressure on the commercial real estate sector, where lending…