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3 mins read

Retail trumps corporate lending as small-ticket loans see fourfold jump in past two years

Personal loans are on the rise. The month of December has seen the category in lending-verse amass …

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2 mins read

IPO Overview : DEE Piping, Akme Fintrade, GPES Solar

IPOs of Aasan loans and DEE piping systems are debuting on the market today, and will close on 21st…

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3 mins read

The Biden administration is giving entrepreneurs a shot at loans up to $2 million for climate-focused projects

The SBA is increasing its maximum loan amount for climate-focused projects as part of the green len…

John Towfighi   


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2 mins read

India’s small digital businesses have a capital problem and this will only grow

Indian digital small and medium sized enterprises (SMEs) are on a growth path but suffer from a wor…

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4 mins read

After various degrees and a brain injury, I owe $150,000 in student loans. The lawsuits and election only make it worse.

Shanna Hayes owes more than $150,000 in student loans, made worse after a brain injury. The electio…

Alice Tecotzky   


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2 mins read

Speedy, small loan market sees Muthoot Microfin make an entry

The loan amount can range between ₹10,000 to ₹30,000. The entire loan process, including disburseme…

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2 mins read

RBI initiates transition plan: Small finance banks to ascend to universal banking status

According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eli…

ANI   


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3 mins read

Ayelet Sheffey   


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2 mins read

Jana Small Finance Bank IPO allotment – How to check allotment, GMP, listing date and more

Bengaluru-based Jana Small Finance Bank Limited, a non-banking finance company that provides MSME l…

Jennifer Sor   


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1 min read

Bank deposits losing attractiveness as govt savings schemes see strong growth

Global brokerage Goldman Sachs has flagged multiple headwinds to deposit growth in Indian banks as …

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2 mins read

Google has removed 2,500 fraudulent loan apps from its Play Store, says FM

The matter is also regularly discussed and monitored in the meetings of the Financial Stability…

PTI   


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4 mins read

I live rent-free in NYC. Moving into a van has allowed me to save, avoid taking out loans, and live a life of adventure.

Gerardo Rios Garcia got accepted into Columbia University, packed up everything, and drove his van …

Gerardo Rios Garcia   


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3 mins read

Weak debut: Jana Small Finance Bank lists at 4% discount to IPO price

​​Jana Small Finance Bank listed with muted gains on Wednesday morning on Dalal Street. The stock l…

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Capital Small Finance Bank closes 7% below issue price on market debut

Capital Small Finance Bank’s stock slipped 7% on its debut on Wednesday morning. The stock listed a…

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3 mins read

Capital Small Finance Bank IPO to open on Feb 7, sets price band at ₹445-468/sh

The initial public offer of Capital Small Finance Bank will open on February 7 and close on Februar…

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1 min read

AU Small Finance Bank Q2 2023-24 profit up 17% to Rs 402 cr

Net interest income of the bank improved to Rs 1,249 crore from Rs 1,083 crore in September 2…

PTI   


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1 min read

IIFL Finance emerges as second largest gold loan NBFC

The market leader in gold loans is Muthoot Finance with an AUM of Rs 66,089 crore, as of Sept…

PTI   


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1 min read

Small business sentiment is the lowest in over a decade as inflation proves sticky

Inflation is the top hurdle for business owners, while the tight labor market has made staffing a c…

Yuheng Zhan   


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3 mins read

RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure

​​Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…