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6 mins read

Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …

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2 mins read

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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7 mins read

Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans

Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…

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2 mins read

Weekend wrap: Real estate dominates India's investment portfolios, interview tips from Amazon employee and more

This week's news roundup highlights India's real estate sector's dominance in investment portfolios…

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5 mins read

Hyundai IPO review – Everything you need to know about India’s biggest IPO

Hyundai Motor India Limited, the Indian arm of South Korean automaker Hyundai Motor Company is all …

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2 mins read

Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley

Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…

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3 mins read

Attention! Here's what is changing with your shares, starting November 11,2024

Going ahead, the CC will directly credit the securities to your account, eliminating the broker's r…

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3 mins read

Healthcare in India faces massive strain as costs rise by 14% annually; most expenses paid out-of-pocket

Kidney disease has emerged as a growing concern in India, with Delhi being identified as the kidney…

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1 min read

India Inc's foreign commercial borrowings rise by 4.6% in August

Of the total borrowings in August this year, over USD 2.47 billion was through the automatic r…

PTI   


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2 mins read

Banks must allow retail borrowers to switch between fixed and floating rates: RBI

Reserve Bank of India on Friday said regulated entities (REs) have the freedom and they must offer …

ANI   


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1 min read

Private credit deals to touch $10 billion in 2024, says EY report

Major deals were seen across real estate, infrastructure, and healthcare sectors in the first half …

PTI   


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2 mins read

Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report

The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…

PTI   


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2 mins read

Bajaj Housing Finance IPO booked over 4x on the second day. Should you jump aboard this ship?

While the allotment is expected to be finalised by September 12, the listing on NSE and BSE will te…

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2 mins read

RBI imposes penalties on three housing finance companies for non-compliance with directions

The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…

ANI   


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2 mins read

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   


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2 mins read

After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit

The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…

ANI   


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2 mins read

DPIIT recognises 1.40 lakh entities as startups as on June 30, 2024

Under Fund of Funds for startups, Rs 805.86 crore was invested in the startups by supported AIFs (A…

PTI   


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3 mins read

Borrowers with multiple personal loans a big risk to profitability of banks and NBFCs

Raging inflation is not just burning a hole in the pockets of consumers. It is also impairing the a…

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2 mins read

Most of India's core sector borrowers can withstand Rupee depreciation: Moody's

Majority of India's rated infrastructure issues can withstand further depreciation of rupee owing t…

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3 mins read

ICRA forecasts slowdown in India's economy: GDP growth expected to hit six-quarter low in Q1 FY2025

In a rather dampened forecast for the Indian economy, ICRA has forecast a sharp slowdown in India's…