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2 mins read

Govt-backed credit guarantee needed to ensure banks overcome risk averseness while lending: CII

"In this hour of need, NBFC and MFI sector has the ability to ensure smooth and continuous flow of…

PTI   


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7 mins read

Thinkers/Thinkers 50: Micro Finance and entrepreneurship to help alleviate poverty in India: Stuart Hart

At Business Insider India, we kick-start our association with the 'Thinkers 50' forum with the inte…

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3 mins read

Are MFIs Striking A Balance Between Profit And Social Responsibility?

Microfinance, which was non-existent till early seventies, came into being in 1974 when Dr Muhammad…

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5 mins read

Can I defer my credit card payments and FAQs on HDFC Bank’s moratorium process answered

We understand in this current situation there may be disruptions in business leading to low cash…

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6 mins read

Some techies are leaving cushy Silicon Valley jobs to launch startups at home in India

Many leave cushy Big Tech salaries because they no longer want to watch the booming entrepreneurshi…

Shubhangi Goel,Charissa Cheong   


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2 mins read

Billionaire Ray Dalio thinks universal basic income is no magic wand — and may even do more harm than good

The Bridgewater Associates founder welcomed giving people some financial "wiggle room," but said no…

Theron Mohamed   


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1 min read

Aye Finance raises Rs 87 crore from Swiss impact investor BlueOrchard

Fintech lender Aye Finance has raised Rs 87 crore in debt funding from Swiss impact investor BlueOr…

PTI   


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4 mins read

Policybazaar operator PB Fintech’s Q2 loss narrows to ₹187 crore

PB Fintech, operator of the insurance aggregator platform Policybazaar reported a sequential declin…

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1 min read

Flipkart cofounder Sachin Bansal's latest venture Navi files draft papers for ₹3,350 crore IPO

According to people familiar with the matter, the initial share sale is likely to open in June. …

PTI   


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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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3 mins read

Indian economic recovery impresses Fitch which changes outlook to stable

Fitch Ratings has revised its outlook on India’s sovereign rating to ‘stable’ from ‘negative’. The …

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3 mins read

‘The stock markets will go through one more steep fall, but it will be the last’

Indian equity markets have been through their share of volatility in the past few months. But the w…

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8 mins read

Improving workplace decorum – ‘RBI’s recommendations can be seen as onerous but we have to move in that direction,’ says Yes Bank’s CEO

CEO of Yes Bank, Prashant Kumar, has stated that if a bank wants to be customer-centric, it also ne…

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2 mins read

RBI may extend moratorium on loans by another 3 months

"All commercial banks (including regional rural banks, small finance banks and local area banks), c…

PTI   


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1 min read

Sidbi signs pact with urban affairs ministry for implementation of PM SVANidhi

PM SVANidhi is a central scheme fully funded by the ministry with the objective to facilitate work…

PTI   


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2 mins read

NBFCs hail RBI's additional liquidity support move to tide through Covid crisis

"It (TLTRO) is a very-very favourable decision. Now, they (RBI) have specifically allotted (liquidi…

PTI   


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5 mins read

Clix Capital's urge to be a bank must be too intense for it to merge with Suryoday

Even as the deal would help micro-lender turned banker Suryoday to expand its loan book, the d…

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3 mins read

SBI announces new vertical to focus on rural and semi urban areas

The thrust is also to improve service quality and availability of banking services through the…

PTI   


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2 mins read

Govt allows banks to buy securities of low-rated NBFCs under PCGS 2.0

The government has also relaxed the net profit criteria under the scheme. Henceforth the entities w…

PTI   


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1 min read

Aye Finance gets Rs 107 cr in debt funding from BlueOrchard

New Delhi, Dec 26 () Aye Finance, the CapitalG-backed fintech lender, on Thursday said it has raise…

PTI