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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…

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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   


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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 …

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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…

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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   


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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   


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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 …

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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…

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Chris Daniels   


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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   


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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…

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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

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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 (…

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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 …

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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 …

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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…

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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 (…

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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.…

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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…

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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 …