An Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...

Indian-origin businessman and founder of Cantor V Group, Mahender Makhijani, is facing a $100 million fraud investigation in California. Pr...

A consumer commission held the Central Bank of India liable for losing a land title deed deposited as collateral for an agricultural loan. ...

Indian market participants are calling for a fresh look at margin funding policies, aiming for adjustments from the central bank. The propo...

After spending 46 years as a sadhu, an Indian man returned to his hometown, humbly requesting alms from his aging mother. This poignant mom...

In a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...

The government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...

A weakening rupee is causing significant financial strain for Indian students pursuing education abroad. Loans sanctioned earlier are now i...

A significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...

In an ironic twist, a recent trade pact transforms ambitions into dilemmas, leaving society fatigued. Economic indicators show growth, iron...

The news mix could not be more confusing. On the one hand, the US House voted to halt Trump’s Iran war, and Israel and Lebanon again agreed...

EEPC India has urged the government to create a distinct rating system for MSMEs. This new approach would consider their size and operation...

Regulators are considering new rules for stock exchanges. A plan to limit dividends from clearing houses is gaining traction. Other proposa...

StarAgri CEO Amith Agarwal advocates a bigger private-sector role in MSP procurement and storage to boost efficiency, warehousing capacity,...

Insurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...

The PM-SVANidhi scheme has significantly boosted street vendor incomes by 20%. Digital transactions by vendors have nearly doubled, reachin...

Bank credit is growing faster than deposits. Lending to industries is slowing down due to global uncertainties. Loans against gold jeweller...