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2 mins read

Real estate investment trust pitch for direct bank lending, classification as equity

Indian Real Estate Investment Trust (REIT) industry on Wednesday pitched for the entities to get a…

PTI   


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1 min read

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   


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2 mins read

After a volatile week, all eyes on RBI’s Monetary Policy meeting! But experts expect no change in repo rate

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is gearing up to announce its mon…

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2 mins read

Bond giant PIMCO sees another wave of bank failures coming as commercial mortgage trouble mounts

A high concentration of commercial real estate loans will cause more banks to fail, Pimco's John Mu…

Filip De Mott   


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2 mins read

RBI to come up with unified regulatory framework on connected lending

The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…

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3 mins read

India's retail inflation eases marginally in April; here's what experts have to say

India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March. However…

ANI   


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7 mins read

Banks have finally fixed the single most annoying thing about credit cards

Banks are using huge amounts of data to separate legitimate purchases from scams. That's great for …

Emily Stewart   


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2 mins read

Aadhar Housing Finance sets IPO price band at ₹300-315 per share

This will be the third maiden public issue opening next week after TBO Tek and Indegene. …

PTI   


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2 mins read

Big banks are more at risk of a commercial real estate meltdown than people think, new study says

Commercial real estate debt could bring greater systemic risk than is currently implied by bank bal…

Filip De Mott   


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3 mins read

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 …

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2 mins read

RBI expected to hold rates for the 5th time in a row, no cuts likely before Q2FY25

The Reserve Bank of India’s Monetary Policy Committee paused its rate hike cycle from February this…

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1 min read

US banks have loaned $1 trillion to less regulated 'shadow banks'

Debt flowing to non-depository financial entities reached $1.0024 trillion last month, representing…

Yuheng Zhan   


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2 mins read

China-based BRICS bank aims to de-dollarize debt by expanding local currency lending

The New Development Bank has plans to expand lending in Brazilian, South African, and Indian curren…

Filip De Mott   


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2 mins read

Indian stocks kick off FY25 on a flyer, indices at fresh peak

Riding on the gains from the previous financial year, Indian stock indices kicked off the new fisca…

ANI   


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2 mins read

Axis Bank to tie up with ITC to offer rural lending products to farmers

The collaboration will help Axis Bank bank to leverage ITCMAARS, an agri-tech application to addres…

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2 mins read

Banks continue to spook markets after HDFC Bank’s LDR shock in Q3

HDFC Bank opened 2.5% lower on Thursday, after a sharp 9% plunge on Wednesday as its third quarter …

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1 min read

China's banks have dialed back lending to the lowest level in 14 years as economic woes pile up

The People's Bank of China said Friday that new loans reached 345.9 billion yuan in July, less than…

Phil Rosen   


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1 min read

Russian banks made a record $36.8 billion in profit last year, and even the central bank is surprised by it

The banks' upbeat performance came as "somewhat of a surprise," said a senior Russian central bank …

Huileng Tan   


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3 mins read

Even in the digital age, banks need brick and mortar presence, especially in Hindi heartland

In the age of digital banking, there are very few reasons to step into the bank. Even if one decide…

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2 mins read

The Indian e-commerce market is growing at the rate of knots courtesy rapid digital transformation

India has cemented its position as a pioneer in developing and integrating digital infrastructure. …