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LOAN DISBURSEMENT
RBI plans to bar NBFCs from offering revolving credit without approvalIn a recent announcement, the Reserve Bank of India has introduced fresh regulations for non-banking financial companies. Moving forward, N...- Muthoot Microfin Q1 profit jumps 13-fold on stronger loan growthMuthoot Microfin reported a more than 13-fold rise in Q1 net profit to Rs 81 crore, driven by 49% higher loan disbursements, lower credit c...
- PNB Housing targets Rs 100 cr micro-housing loan book in FY27PNB Housing Finance anticipates its new micro-housing loan business will reach Rs 100 crore AUM. The company expects disbursements to accel...
- Policybazaar parent’s Q1 profit jumps 92% driven by margin gainsThe Gurugram-based company’s net profit for the quarter jumped 92% year-on-year (YoY) to Rs 163 crore as operating margins recorded signifi...
- Airtel plans data centre, fibre push as it targets next growth phaseIn a bold move, Bharti Airtel is set to increase its data centre capacity to one gigawatt while also expanding its fibre network across key...
- Business outcomes, not AI models, will decide enterprise deals: Gnani.ai CEO Ganesh GopalanIn an interview with the Economic Times, Gnani.ai CEO Ganesh Gopalan said the biggest challenge to enterprise AI adoption was not other AI ...
- PNB Housing Finance shares rally 5% after Q1 profit rises 4% YoY, loan assets jump 15%PNB Housing Finance shares gained after the lender reported steady Q1 earnings, supported by loan book expansion, stable asset quality and ...
- Govt approves Rs 4,687 crore interest subsidy for ethanol projectsThe government has approved ₹4,687 crore in interest subsidies for eligible ethanol projects. This support covers interest subvention for n...
- One MobiKwik Q1 Results: Firm reports profit for 3rd consecutive quarter; stock jumps 9% on strong performanceFintech firm MobiKwik reported a consolidated profit of Rs 7.6 crore for the April-June quarter. This marks a significant turnaround from a...
- Mobikwik swings to Rs 7.6 crore net profit in Q1Mobikwik achieved 3.7% revenue growth and its third profit quarter. Lower costs and improved lending margins boosted the company's bottom l...
- Railway officer's wife runs coaching class on how to cheat in promotion exam: Four candidates score unusually high marks; CBI says she teaches how officials will help during the testRailway officer's wife ran coaching classes that allegedly taught candidates how cheating would be facilitated in a Western Railway promoti...
- DHFL Rs 32,930 crore fund diversion case: CBI court orders charges against Wadhawan brothersIn an order pronounced on Thursday, special judge Sanjeev Kumar Malhotra directed that the Wadhawan brothers face charges under various sec...
- Gold prices and long-term value: What you should knowLearn what influences gold prices, why gold is often considered a hedge against inflation, and how it can also support short-term financial...
- Bajaj Finance posts 28% growth in net profit amid healthy loan demandBajaj Finance reported a 28% year-on-year net profit increase for the June quarter. Assets under management climbed 24% to ₹5.47 lakh crore...
- Avaada gets ₹12,800-cr loan to fund projects in Gujarat and MaharashtraAvaada Group secured ₹12,800 crore financing from three major lenders. This funding will support 2.15 GW of renewable energy projects in Gu...
- The future of personal loans is pay for what you needTraditional loans assumed fixed needs, but modern financial requirements are often incremental. Borrowers now seek flexibility to access fu...
- Kissht Q1 operating revenue rises 45% on higher loan disbursementsOperating revenue was up 8% sequentially from Rs 619 crore in the March quarter, while profit increased 16% from Rs 82 crore. Total income,...
- Course correction: Govt readies plan to double education loan disbursalsThe government plans a nationwide push to expand education lending significantly. Faster approvals and campus outreach will improve student...
- Farmer denied Central govt subsidy on dairy loan: Federal Bank ordered to pay Rs 1.7 lakh; court says bank failed to give NABARD the claim details for nearly seven yearsFarmer denied Central govt subsidy: A Kerala consumer commission has ordered Federal Bank to pay Rs 1.76 lakh to a dairy farmer from Kannur...
- Bajaj Housing Finance Q1 Results: Net profit jumps 23% YoY to Rs 715 crore, AUM surges 24%Bajaj Housing Finance Q1 Results: Bajaj Housing Finance on Wednesday reported a net profit of Rs 715 crore for the first quarter of FY27, m...
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