Digital lender Kissht anticipates surpassing its growth targets for assets under management. Improved repayment trends have enabled the com...

Operating revenue was up 8% sequentially from Rs 619 crore in the March quarter, while profit increased 16% from Rs 82 crore. Total income,...

The government plans a nationwide push to expand education lending significantly. Faster approvals and campus outreach will improve student...

Revenue declined as OfBusiness exited low-return commerce categories and discontinued some operations, prioritising deeper manufacturing in...

Jammu and Kashmir Bank reported a 12.6% decline in Q1 net profit to Rs 424 crore due to higher provisions despite improved asset quality. A...

Tata Capital shares rose nearly 4% on Wednesday following a stellar Q1 FY27 performance. Consolidated net profit jumped 56% YoY to Rs 1,547...

India's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...

Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rur...

Banks' leverage on FCNR(B) deposits could pressure profit margins. Overseas interest rates are lower, and lending spreads remain thin. This...

Broadly speaking, both private and PSU banks are impacted by what happens to the economy. There might be some difference because of the foc...

Protium Finance is nearing a deal to acquire Clix Capital for approximately Rs 1,900-2,200 crore. This acquisition aims to expand Protium's...

India’s MSME credit gap sits at Rs 25-30 lakh crore. Of the 87 million registered MSMEs, only 36 million have ever taken a formal loan.

India's credit expansion is currently its strongest since 2012. Corporate loan growth reached a thirteen-year high in May. Household loan g...

Foreign banks showed strongest policy easing transmission during the rate-cut cycle. They lowered lending rates more sharply than other ban...

According to audited financials, FincFriends Private Limited reported Assets Under Management (AUM) of Rs 875 crore, representing 43% year-...

Euro zone banks tightened lending standards in the second quarter as geopolitical uncertainty and economic risks prompted greater caution, ...

Trade and NBFC credit are expected to remain among the fastest-growing segments of India's banking system, supported by rising formalisatio...