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...
Why Americans are leasing fewer carsVehicle leasing has significantly declined in the United States recently. Automakers are now offering less attractive lease rates to buyers...
Bajaj Finance Q1 Results: Profit jumps 28% YoY to Rs 6,081 crore, NII surges 23%Bajaj Finance on Thursday reported 28% year-on-year (YoY) growth in its standalone net profit at Rs 6,081 crore, compared with Rs 4,765 cro...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsThe next time uncertainty over the firing of missiles in the Gulf region makes you anxious, remember this: It is not the first time that gl...
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...
The evolution of mobile banking apps into financial operating systemsMobile banking apps now serve as primary financial interfaces for millions. Consumers expect a single platform for all their financial need...
Gold loan NPAs may rise as NBFCs shift to monthly installments, ICRA projects market growthGold loan NPAs may increase as lenders shift to monthly installments. The overall gold loan market is projected to grow over thirty percent...
A man loved to buy new cars. But his wife found a trick to stop him and save money. Actor Madhavan was left amazedDuring an interview with R Madhavan, banker Sarthak Ahuja explained how men and women often approach money differently. He shared a client’...
Banking on gear shift for pickup: After cleaning up bad loans, banks now need a new reform pushIndia's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...
ADB okays $1.8 billion loans for urban reforms, rooftop solar pushThe urban programme will support implementation of the Urban Challenge Fund by strengthening urban institutions, improving integrated plann...
Nirav Modi's extradition to take place after completion of judicial process in UK: MEAIndia's Ministry of External Affairs confirmed Nirav Modi's extradition will occur after UK judicial proceedings conclude. Legal proceeding...
HSBC wins $5.5 billion of NRI deposits via leveraged strategyHSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, ou...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Market mood rarely turns all at once. It turns in stages. And India's mood might have just entered the first of them: Because of a commodit...
No proposal for one-time waiver of loans of small, marginal farmers: MoS FinanceThe government has no current proposal for a one-time loan waiver for farmers. The Reserve Bank of India offers financial restructuring opt...
AI-led underwriting is the missing link in India’s MSME credit storyIndia’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.