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HDFC raises home loan interest rate by 50 basis points
The rate revision by the lender comes a day after the Reserve Bank of India raised the key lending …
Fusion Micro Finance lists at a 2% discount amid volatile market conditions
Fusion Micro Finance’s stock listed at ₹360.5 – that’s ₹7.5 lower than its allotment price of ₹368 …
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
India has well-regulated and well-supervised banking sector: RBI Governor
Reserve Bank of India Governor Shaktikanta Das on Friday gave a thumbs up to the country's banking …
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…
Data you share with ChatGPT is not private: So be careful with what you reveal
Any information that you share with AI platforms like ChatGPT is collected for business purposes. …
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
Indians are taking more personal loans, buying consumer goods on credit, says report
Personal and consumer durable loans almost doubled between FY19 and FY22, despite a lull for two ye…
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…
Four IPOs to raise over ₹4,600 crore this week
At a time when the stock market is on an upswing despite negative cues from global markets, the pri…
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…
Himanta govt's first budget proposes one lakh jobs, no new tax
On the coronavirus situation, Neog said, "I declare firmly that the government will steadfastly str…
PTI
RBI’s relief to housing finance companies will revive plunging consumer sentiment
Apart from NABARD and SIDBI, RBI also infused liquidity into the National Housing Board (NHB…
Utkarsh Small Finance Bank expects slower loan growth in FY21 due to lockdown :CEO
"It(growth) might be restricted to around 15-20 per cent because, one the book (loan) may almost b…
PTI
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
Ujiivan SFB posts 2-folds growth in Q3 profit
Mumbai, Jan 22 () Small finance lender Ujjivan Small Finance Bank on Wednesday said its profit doub…
PTI
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
Bandhan Bank falls 4% after reporting an 80% fall in its net profit – positive market trends help it bounce back into the green
Microfinance lending could prove to be Bandhan Bank’s achilles heel, if its March 2021 quarter resu…
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
RBI Governor meets MD of banks; reviews implementation of various measures
Credit flows to different sectors of the economy, including liquidity to non-banking financial com…