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Fusion Finance aims to cut microfin share, offer larger retail loansFusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans whi...
AI in banking must move beyond retail to farms, MSMEs: SBI Chairman SettyIn a recent statement, CS Setty, Chairman of the State Bank of India, underscored AI's transformative potential for the Indian banking sect...
How Rs. 40,000 Regular Income from Bonds Can Ease the Liquidity Pressure on the Sandwich GenerationMiddle-aged families face financial stress from competing responsibilities and unexpected expenses. A dedicated bond portfolio can provide ...
Global banks are pulling back credit cards once prized by rich IndiansSeveral offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to India’s 180-...
Student loans, GoI reading this rightIn a groundbreaking move, the government is set to double education loan disbursals across the country, enabling greater access to higher e...
Withdrawal of zero MDR may jeopardise one of India’s most successful public policy innovationsThe Payment and Settlement Systems Amendment Bill has revived debate over MDR on UPI. While charges could support banks and fintech firms, ...
ETMarkets Smart Talk | AI infrastructure, not just AI software, will drive India's next wealth cycle: Amit JoshiFrom data centres and power transmission to manufacturing and the energy transition, these sectors are emerging as the real enablers of the...
M2P raises Rs 100 crore debt from Alteria to fund AI expansionThe three-year facility — M2P’s second debt raise — will largely finance AI product development and computing capacity, cofounder and chief...
Urban cooperative bank license applicants need a minimum Rs 300 crore of capital and Rs 10000 crore of deposits, says RBIThe Reserve Bank of India is resuming urban cooperative bank licenses after two decades. Eligible credit societies need a minimum capital o...
RBI MPC Meeting at a Glance: Your one-stop guide for all key decisionsRBI MPC Meeting at a Glance: The Reserve Bank of India has decided to uphold its policy repo rate at 5.25 percent, a choice made after cons...
IMF flags rising financial stability risks as BigTech expands deeper into payments, lending and financial servicesThe International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks...
ETMarkets Smart Talk| Large caps offer stability, but alpha lies in selective mid- and small-caps: Rakesh VyasWhile the near-term outlook remains clouded by inflation concerns and margin pressures, Rakesh Vyas, CIO & Portfolio Manager at Quest Inves...
FISME seeks GST overhaul to ease MSME complianceFISME seeks Goods and Services Tax reforms to ease MSME compliance burdens. They propose a safe harbour for input tax credit and faster GST...
Household savings rise to 21.7% of GDP in FY25: GovtHousehold savings increased to 21.7 percent of GDP in 2024-25. Government and RBI measures aim to boost incomes and financial security. RBI...
Indian companies build inventories amid rising commodity prices, supply chain risks: ReportIndian companies are accelerating inventory build-up to meet strong domestic demand. This strategy also prepares them for potential commodi...
RBI likely to hold repo rate at 5.25%, market to focus on policy guidance: NuvamaThe Reserve Bank of India will likely keep its repo rate unchanged at 5.25 percent. Policymakers are expected to adopt a cautious wait-and-...
RBI issues revised Basel Pillar 3 disclosure framework for commercial, small finance and payments banksThe Reserve Bank of India has revised its Basel Pillar 3 disclosure framework. These amendments aim to strengthen market discipline through...