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Fino Payments Bank has its eyes set on becoming a small finance bank
ino Payments Bank is keen to become a small finance bank after having completed five years of opera…
PTI
The legacy behind Mukesh Ambani’s Jio Financial Services
India’s fifth largest financial services company, Jio Financial Services, was born recently with a …
OPINION: Green finance — need of the hour for net-zero transition — is gaining momentum in Indian economy!
In addition to the government and companies, there is increased interest from banks, NBFCs, venture…
BharatPe launches investment platform for merchants after Ashneer Grover saga
With an aim to leave behind the Ashneer Grover controversy and bring business on track, fintech pla…
Indian financial system steadily maturing, as it moves away from banks, says RBI Governor Shaktikanta Das
India’s financial system, he said, has transformed rapidly to support the growing needs of the e…
Stressed NBFC sector relying more on banks for borrowings: Care Ratings
Banks' advances to NBFCs stood at Rs 7.37 lakh crore as of January 2020 compared to Rs 5.47 lakh c…
PTI
RBI in discussion with institutions; efforts on to include G-Secs in global indices soon: Das
"There are a good number of NBFCs which are able to access funds from the market at reasonably com…
PTI
Govt proposes guarantee on debt to tide over liquidity challenge in NBFC, HFC sector
New Delhi, Feb 1 () The government has proposed to provide credit guarantee for the NBFC sector tha…
PTI
RBI announces 3rd targeted LTRO for Rs 25,000 cr
Banks shall be required to acquire up to 50 percent of their incremental holdings of eligible inst…
PTI
Vivriti Capital raises Rs 350 cr from LGT Lightstone Aspada
Vivriti Capital, which has a loan book of around Rs 1,500 crore and runs online enterprise debt pl…
PTI
As India’s shadow banks brace for a tough 2019, the central bank and government will try and prevent a repeat of the IL&FS crisis by solving the data problem
One of the big stories emanating from the Indian banking sector last year was the repeated defaul…
IL&FS crisis was red-flagged in 2018 'confidential' note by the DEA
"DEA had raised red signals of the likely collapse of IL&FS and had expressed its deep conce…
PTI
Adani can buy stake in Mumbai airport after CCI approval
Fair trade regulator CCI on Thursday approved Adani Properties' acquisition of 23.5 per cent stake …
PTI
CCI approves Adani's 23.5 pc stake-buy in Mumbai International Airport
New Delhi, Nov 14 () Fair trade regulator CCI on Thursday approved Adani Properties' acquisition of…
PTI
Anil Ambani’s woes get compounded with a series of downgrades for three Reliance Group subsidiaries
The debt instruments of Reliance Home Finance (RHFL) and Reliance Commercial Finance (RCFL) ha…
India’s central bank doesn’t want investors to know how deep the rot is in the country’s shadow banks
The reason? It doesn’t want to scare investors with its findings. Speaking at a conference…
SBI hopes IBC timeline be adhered to in DHFL resolution
New Delhi, Nov 21 () A day after the Reserve Bank decided to refer crippled Dewan Housing Finance t…
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
CreditAccess Grameen to roll out loan moratorium scheme for borrowers
"The impact of COVID 19 has had a minimal impact on our business as we operate more in the rural ar…
PTI
Zomato is now bigger than Paytm — reasons why the market is not excited about Vijay Shekhar Sharma’s vision of a superapp
Two of India’s most-awaited tech IPOs, that of Zomato and Paytm, came with a lot of anxiety around …