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Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor
He also highlighted one particularly concerning practice that involves the invasion of customers' p…
ANI
Homebuyers are flocking to a type of loan that offers a lower mortgage rate. But they often require bigger down payments, and lenders don't like to give them.
There's a rare type of mortgage loan gaining popularity among buyers seeking lower rates.
Jennifer Sor
Customers at several small-sized banks affected as tech provider C-Edge suffers ransomware attack
The issues are being faced for the last two days after the discovery of a breach of the system…
PTI
AU Small Finance Bank Q2 2023-24 profit up 17% to Rs 402 cr
Net interest income of the bank improved to Rs 1,249 crore from Rs 1,083 crore in September 2…
PTI
Shares of Better whose CEO fired 900 workers on a Zoom call — slumped 93% on their first day of trade
Shares in Better Home & Finance tumbled 93% in their first day of trading after combining with a SP…
Huileng Tan
China is merging hundreds of small banks to fend off financial stress
2,100 banks could be affected as China looks to curb the bad loan environment of its rural communit…
Filip De Mott
Utkarsh Small Finance Bank IPO – How to check allotment, listing date, GMP and more
Varanasi-based Utkarsh Small Finance Bank, a small finance bank, is expected to announce the allotm…
Jana Small Finance Bank re-files IPO papers with Sebi
Jana Small Finance Bank Ltd has re-filed draft papers with capital markets regulator Sebi to mobili…
PTI
Retail credit continues to boom, but delinquencies need better monitoring, says TransUnion CIBIL
India's retail credit market has continued to experience sustained growth in the second quarter o…
Utkarsh Small Finance Bank IPO to open on July 12 – All you need to know
Utkarsh Small Finance Bank plans to raise up to ₹500 crore via an initial public offering, with bid…
India’s small digital businesses have a capital problem and this will only grow
Indian digital small and medium sized enterprises (SMEs) are on a growth path but suffer from a wor…
Private lenders led by HDFC Bank occupy lion’s share of TV news space
Mumbai (Maharashtra) [India], Indian private sector lenders have been more vocal in their comments …
ANI
Fino Payments Bank has its eyes set on becoming a small finance bank
ino Payments Bank is keen to become a small finance bank after having completed five years of opera…
PTI
Retail trumps corporate lending as small-ticket loans see fourfold jump in past two years
Personal loans are on the rise. The month of December has seen the category in lending-verse amass …
India’s microfinance loan portfolio stands at ₹3 lakh crore with 6 crore unique borrowers
The Indian microfinance loan industry today serves 6 crore unique borrowers having 11.8 crore loan …
Axis Bank shares under pressure after Q4 net loss; analysts upbeat on the lender
During the March quarter, the lender reported an exceptional item of ₹12,490 crore, which went i…
ICICI Bank vs HDFC Bank: How India’s top two private lenders have performed in Q4
India’s largest private lenders ICICI Bank and HDFC Bank have both declared their March quarter and…
PacWest climbs 30% to lead a rebound in regional bank stocks after the lender says its business is 'fundamentally sound'
PacWest led a Monday advance in regional bank share, and Fundstrat sees a reversal coming for the s…
Carla Mozée
Banking turmoil isn't over as regional lenders face risk of commercial-property credit losses, JPMorgan strategist says
US regional banks are facing increased risks of credit losses in the commercial-property sector, wh…
Zinya Salfiti
Commercial real estate poses risks to US banks - and lenders should brace for higher interest rates, JPMorgan CEO Jamie Dimon warns
"The off-sides in this case will probably be real estate. It'll be certain locations, certain offic…