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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…
Mutual funds in spotlight: Industry grew at 23.65% CAGR since March 2021
India's mutual fund industry is experiencing remarkable growth, with assets under management reachi…
Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order
Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…
Hayley Cuccinello
Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…
ANI
A massive Microsoft outage is causing disruption across the world for airlines, banks, and retailers
A mass IT outage caused disruptions to flights, banks, and supermarkets following an update issued …
Aditi Bharade
America's absurd war on 'organized retail crime'
Target and CVS call them criminal masterminds. Most are homeless or mentally ill.
Amy Martyn
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…
RBI likely to maintain status quo after food inflation keeps Feb print high, say experts
In February, retail inflation came in on expected lines at 5.09%. However, high vegetable inflation…
More than half of banking jobs could be automated by AI — but banks will be slow to adopt, Citi report says
A new Citi report says finance will be "at the forefront" of changes due to artificial intelligence.
Emmalyse Brownstein
India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
Indian markets under pressure as global rate cuts stir uncertainty, new report says
Indian markets experienced volatility as global economic shifts and political developments impacted…
Assets Under Management of equity mutual funds surged 5.4% sequentially in July: PL Wealth Management
The Assets Under Management (AUM) of equity mutual funds have surged by 5.37 per cent sequentially …
ANI
Big banks are bracing for losses as Americans struggle to pay off debt
Banks are building cash reserves as more and more Americans struggle to pay off credit card, auto, …
Jacob Zinkula
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…