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2 mins read

India's gold loan mkt to touch Rs 4,617bn by 2022

New Delhi, Jan 17 () India's gold loan market is expected to reach Rs 4,617 billion by 2022 at a fi…

PTI   


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4 mins read

Ujjivan Small Finance Bank sees shrinking interest and fee incomes due to loan moratorium this year

"Although we shall continue to accrue interest income on the outstanding portfolio including those …

PTI   


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2 mins read

Individual borrowers may find it hard to repay loans on time amid coronavirus outbreak: Assocham

''As we deep-dived into the data, the areas of concern appear to be housing, credit cards, vehicle…

PTI   


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1 min read

The Government Holds More Non-Revolving Consumer Debt Than Banks For The First Time Ever

The surge in student loans, which now account for 28% of total nonrevolving credit outstanding, has…

Matthew Boesler   


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74 mins read

FED: Growth Was Moderate Across The Country Thanks To Increasing Consumer Spending In Every District

Manufacturing and Related Services Of the nine manufacturing firms contacted in this cycle, only …

Sam Ro   


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4 mins read

RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly

​MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…

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2 mins read

Stock market closing: Sensex dips 280 points to close in red, Nifty closes 0.27% down

HDFC Life (up by 4.36%), Tech Mahindra (up by 3.12%), BPCL (up by 2.91%), NTPC (up by 2.67%) and Ta…

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3 mins read

BJP's narrow majority could shift focus to rural spending, increased private investments: Bernstein report

The recent election results have delivered a surprise verdict, with the ruling Bharatiya Janata Par…

ANI   


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4 mins read

A lot of things are getting cheaper. Here's why you probably haven't noticed.

Inflation is still above the Fed's target, but many items, especially durables, are getting cheaper…

Noah Sheidlower   


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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. …

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4 mins read

Will Jio Fin follow the retail, telecom model and disrupt the financial services sector?

With the listing of Jio Financial Services, the obvious question is the impact that this entity wil…

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2 mins read

Jio Financial slips 5% after listing at Rs 262 per share on exchanges

​Shares of Jio Financial listed at Rs 262 per share on the exchanges on Monday but declined by 5% …

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3 mins read

Armed with better credit scores, female borrowers grow in numbers: CIBIL

The number of women borrowers is on the rise, with growth rates higher than those of men. This is d…

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4 mins read

Sensex, Nifty50 surge in morning trade: HDFC twins, Bajaj Finance amongst top gainers

India’s benchmark indices are likely to open on a negative note on Wednesday amid negative sentimen…

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3 mins read

MSME sector is on a strong growth trajectory post the pandemic: SBI Research

MSMEs have shown resilience to bounce back from the pandemic-induced slowdown, with credit growth t…

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4 mins read

Sensex, Nifty50 close lower after RBI says inflation battle not over – realty, IT, auto stocks drag

Announcing a 35-basis point hike in a key interest rate, RBI Governor Shaktikanta Das reiterated…

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3 mins read

Phil Rosen   


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Sensex revisits 61K amid upbeat global cues; bank, auto stocks spurt

A strong rupee against the US dollar and persistent foreign capital inflows also supported the d…

PTI   


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3 mins read

Nifty50 valuations remain expensive, but experts are divided on India's growth prospects

Despite global headwinds and challenging macro environments, Indian markets have remained resilient…

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1 min read

Bajaj Finance board reappoints Rajeev Jain as MD

Bajaj Finance on Wednesday said its board has reappointed Rajeev Jain as managing director.

PTI