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MSME sector is on a strong growth trajectory post the pandemic: SBI Research
MSMEs have shown resilience to bounce back from the pandemic-induced slowdown, with credit growth t…
Fincare SFB to be amalgamated into AU Small Finance Bank
In a significant development in the small finance banking sector, Fincare Small Finance Bank (Finca…
PTI
Fintechs are helping Indian MSMEs with their biggest challenge — data and the lack of it
There are over 6.3 crore micro, small and medium enterprises (MSMEs) in India and most of them are …
Budget makes a special allocation for loans to small travel operators and other players in hospitality
She mentioned that the additional loans will go to the sector. “Considering these aspects, t…
China is merging hundreds of small banks to fend off financial stress
2,100 banks could be affected as China looks to curb the bad loan environment of its rural communit…
Filip De Mott
Jana Small Finance Bank re-files IPO papers with Sebi
Jana Small Finance Bank Ltd has re-filed draft papers with capital markets regulator Sebi to mobili…
PTI
This startup is building infrastructure to automate and ease the process of giving out small biz loans
Lending company U GRO Capital intends to give out small business loans worth ₹2,000 crore to MSMEs …
Yes Bank Q2 net profit jumps 48% on low base; says unsecured book reporting stress
Yes Bank on Saturday reported an over 47% increase in its net profit at Rs 228.64 crore in the Sept…
The financial sector is adopting AI to reduce bias and make smarter, more equitable loan decisions. But the sector needs to be aware of the pitfalls for it to work.
While the rise of AI in finance means decisions can be controlled for human bias, it isn't enough t…
Chris Daniels
The student-loan payment restart is about to put pressure on an already-fragile economy
Student-loan payments were paused for over three years, and the economy survived without them. That…
Ayelet Sheffey
Mumbai’s real estate sector registers its best July in a decade even as home loan interest rates rise
According to a report by Edelweiss Securities, Mumbai’s real estate sector reported a 15% year-on-y…
Gurgaon-based Indifi disbursed ₹2,800 crore worth of loans to small business owners
Gurgaon-based Indifi disbursed ₹2,800 crore worth of loans to small business owners
India needs to bring different solutions for MSMEs -- Business Insider’s MSME Exchange panelists highlight why
Many have termed 2020 as the watershed moment for the Indian micro, small and medium enterprise (…
Monetary Policy Impact: RBI’s pause to support real estate demand - particularly affordable segment
The Reserve Bank of India’s (RBI) decision to keep the key policy rate unchanged has been welcomed …
Loan growth showing signs of reversal from cyclical highs, but asset quality to remain healthy
Loan growth in the Indian banking sector is starting to show signs of reversal from cyclical highs …
Will Jio Fin follow the retail, telecom model and disrupt the financial services sector?
With the listing of Jio Financial Services, the obvious question is the impact that this entity wil…
Finance Minister Nirmala Sitharaman announces over ₹1 trillion loan guarantee scheme for COVID-19 affected sectors such as healthcare
It announced an additional ₹1.5 trillion to the Emergency Credit Line Guarantee Scheme (…
Smartphone makers Realme and Xiaomi will compete in the financial services market too
Indian smartphone maker Realme announced its entry into financial services with Realme Payसा.…
Home buying sentiment to weaken but new supply is kicking in say analysts
In the meanwhile, buoyed by the pandemic-induced demand and falling inventory, real estate d…
India’s microfinance loan portfolio stands at ₹3 lakh crore with 6 crore unique borrowers
The Indian microfinance loan industry today serves 6 crore unique borrowers having 11.8 crore loan …