Share of high-value micro loans rise: ReportThe share of high-value microfinance loans above ₹75,000 to individual borrowers rose to 41% in Q1 FY27, from 28% a year earlier, as lender...
Oracle, Blue Owl project delay sends ripples through AI financingOracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico sent a chill ...
Axis Bank readies major customer-connect initiative to mark World Tourism DayAxis Bank is set to launch an extensive outreach program across India, spotlighting tourism and hospitality sectors in Goa. The initiative ...
Banks closed in India for 5 days? SBI & other top lenders send important message before strikeSBI, Bank of Baroda and Canara Bank have advised customers to complete important branch transactions in advance ahead of a proposed bank st...
Bira 91 revival plan: Anicut-led board offers to buy out key investorsB9 Beverages, the maker of Bira 91, is attempting to recapitalize amid financial struggles. The company seeks to acquire stakes from major ...
Bombay HC warns Vijay Mallya against posting court documents on social mediaThe Bombay High Court warned Vijay Mallya against posting court documents on social media while his money laundering case is pending. The w...
RBI bond sales, FX intervention help halve India's cash overhangSustained Reserve Bank of India action through bond sales, foreign exchange swaps, and rupee defence has helped more than halve the banking...
India's first blue bond set for launch next week: ReportSagarmala Finance Corporation plans its maiden blue bond issuance on September 28. The company aims to raise six billion rupees for maritim...
Think a Rs 1 lakh salary means a Rs 60 lakh home loan? CA explains what banks actually checkA Rs 1 lakh monthly salary does not automatically mean you can get a Rs 60 lakh home loan, CA Nitin Kaushik explained. Banks assess factors...
Where to find pre-approved used car loans online without hidden feesStreamlined used-car platforms are revolutionizing the buying experience by presenting pre-approved loan options with transparent charges. ...
“Gold loans are no longer just for rainy days”; Experian India's Manish Jain on why demand is risingManish Jain, Country Managing Director, Experian India, discusses the growing demand for gold loans, the lower risk of over-leveraging with...
JLR begins talks with global banks for $1.3 billion five-year loan; some lenders flag Tata Sons leadership uncertaintyJaguar Land Rover is in talks with global banks for a £1 billion loan. Lenders are seeking clarity on N Chandrasekaran's leadership at Tata...
Banks plan to align norms for project finance lendingBanks are developing a common framework for project finance lending. This initiative aims to curb regulatory arbitrage and operational misa...
US Federal Reserve's Michelle Bowman says changes to bank stress test coming soonThe Federal Reserve will soon vote on revamped bank stress tests. These changes aim for greater transparency and predictability for lenders...
Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in IndiaNabfid is sanctioning significant loans for India's growing data center infrastructure needs. These facilities support the nation's push fo...
What is an approved project and why does it matter when buying a home?Securing lender approval for real estate projects significantly simplifies the home loan process. Each project is meticulously evaluated th...
HSBC, ICICI Bank emerge as biggest FX lenders to India’s diaspora in GIFT CityHSBC and ICICI Bank led lending under a special foreign-exchange swap program. These two banks disbursed a combined $19.3 billion through t...