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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   


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3 mins read

SEBI asks mutual fund industry to proactively conduct stress test

Speaking at a mutual fund event, Gopalakrishnan highlighted the importance of modelling stress scen…

PTI   


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SLBCs can play effective role in financial inclusion by better coordination with govt, NGOs: RBI DG

Deepening financial inclusion is not merely about increasing the number of bank accounts but about …

PTI   


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Financial Institutions Turning Towards MSME Lending

Almost every type and size of industry took a hit during the pandemic; MSMEs, however, were affe…

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COP27 win: Developed nations finally promise formal loss and damage funding for climate disaster-struck poorer countries

With the adoption of the loss and damage funding formally in the COP27 agenda in Sharm El-Sheikh in…

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Justice Amy Coney Barrett says it would be a 'good idea' for the Supreme Court to institute an ethics code

"There's unanimity among all nine justices that we should and do hold ourselves to the highest ethi…

John L. Dorman   


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RIL calls for shareholder, creditor meeting to approve demerger of financial services arm

Reliance Industries Limited (RIL) on Thursday called for a meeting of equity shareholders, secured …

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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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The key to eliminating the MSME finance gap in emerging markets

While some experts believe survival will remain the top priority for micro, small, and medium-sized…

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3 mins read

A group of Democrats just relaunched an effort to ban legacy admissions and strip financial aid from schools that keep the practice in place

Following the Supreme Court decision striking down affirmative action, Democrats want to ensure all…

Ayelet Sheffey   


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6 mins read

We could soon be facing the biggest financial crisis in history as Republicans threaten to stop paying America's bills

Republicans are using the debt ceiling as a bargaining chip, and their actions could torpedo the ec…

Ayelet Sheffey,Juliana Kaplan   


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3 mins read

OPINION: How new age NBFCs are changing the small ticket business loan landscape in India

As of March 2021, India’s total lending market size stood at ₹156.9 lakh crore, recording around 10…

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5 mins read

OPINION: ESG investing remains strong even as the markets crater across the globe

Progressive business leaders understand that their success is not just driven by one metric: the hi…

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India’s newest financial institution is set to be the country’s biggest bank

India’s new public-sector company, the India Post Payments Bank (IPPB) is set to be the next bigges…

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5 mins read

Why Donald Trump's presidential hinting campaign can go on and on without him officially declaring his candidacy

Trump is teasing a run for president again in 2024. But election experts say it's going to take mor…

Camila DeChalus,Nicole Gaudiano   


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The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe's economic pain from the coronavirus

The European Commission unveiled a planned deployment of 750 billion euros ($826 billion) on Wednes…

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4 mins read

Serum Institute to manufacture 200 million doses of COVID-19 vaccine

A further collaboration among the Serum Institute of India (SII), the world's largest vaccine manuf…

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4 mins read

Serum Institute to manufacture 200mn doses of Covid-19 vaccine

New Delhi, Sep 29 (IANS) A further collaboration among the Serum Institute of India (SII), the worl…

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Russia is days away from a historic debt default as a $100 million payment comes due with Moscow cut off from the global financial system

By Sunday night — the last day of a 30-day grace period — Russia must pay roughly $100 million to b…

Phil Rosen