NBFCs eye rate hikes, higher fees to offset insurance income hitNon-bank lenders and housing finance companies are expected to raise lending rates in response to proposed regulatory changes. This adjustm...
09 Nov, 2026, 06.16 AM IST
Digital lenders clock 40-50% revenue growth as credit demand surgesDigital lender Kissht's revenue from operations rose 44.7% year-on-year to Rs 732 crore, while Moneyview reported 41% growth to Rs 1,120 cr...
09 Nov, 2026, 06.00 AM IST
Rupee finally bounces back, closes at 93.90 on Friday, after hitting nearly 97/$ in May and OctThe rupee emerged as Asia's best-performing currency this week, strengthening to 93.90 against the dollar. Falling crude oil prices, nearly...
07 Nov, 2026, 09.32 AM IST
NBFC credit to gold jewellery, consumer durables grows over 50 pc in Sep: RBI dataIn September 2026, non-banking finance companies' credit to gold jewellery and consumer durables surged significantly. Credit for gold jewe...
06 Nov, 2026, 10.43 PM IST
MobiKwik gets RBI nod for NBFC arm, plans to launch in 3-6 monthsThe Reserve Bank of India has officially granted MobiKwik Financial Services the green light to operate as an NBFC. With an eye towards dis...
06 Nov, 2026, 04.15 PM IST
MobiKwik shares jump 4% as RBI approves NBFC licence; co targets Rs 5,000 crore loansMobiKwik shares gained on Friday after the RBI granted its subsidiary a licence to operate as an NBFC, enabling the fintech company to ente...
06 Nov, 2026, 03.59 PM IST
Rising debt, non-bank finance may limit ECB policy flexibility, says SchnabelRising public debt and growing non-bank financial institutions could constrain the European Central Bank's ability to manage inflation, ECB...
05 Nov, 2026, 03.31 PM IST
Lost money to a UPI scam? The first 3 days could decide how much you can recoverIn the blink of an eye, UPI scams can wipe out your bank savings, but there's hope for victims. The Reserve Bank of India stands ready to s...
05 Nov, 2026, 09.42 AM IST
A family office with $36 billion took on $160 billion of exposure, and its founder got 18 years in prisonSung Kook 'Bill' Hwang received an 18-year prison sentence for his involvement in the Archegos Capital Management collapse. The firm’s fail...
05 Nov, 2026, 02.01 AM IST
Middle class spending boom in India comes with growing debt billConsumer borrowing in India has surged significantly as access to credit has expanded across the population. Individuals like Navjot Singh ...
04 Nov, 2026, 11.31 AM IST
SBI share price target: Jefferies, Motilal, others see up to 34% upside in state lender. Buy, sell or hold?State Bank of India has seen a remarkable 15% increase in profits year-on-year, totaling Rs 23,038 crore for the second quarter. With a loa...
04 Nov, 2026, 09.45 AM IST
Loan growth, fall in provisions help SBI profits in Q2State Bank of India reported a 14% year-on-year rise in Q2 FY27 net profit to Rs 23,038 crore, driven by 18% loan growth, higher net intere...
04 Nov, 2026, 07.37 AM IST
Utkarsh Small Finance Bank reports sixth consecutive quarterly lossUtkarsh Small Finance Bank experienced a loss of Rs 70 crore in the second quarter, marking six consecutive quarters of decline. The lender...
03 Nov, 2026, 09.54 PM IST
SBI targets 14-15 pc credit growth, govt may revisit LTCG tax amid FPI outflows: Chairman CS SettySpeaking exclusively to following the bank's Q2 FY27 financial results presentation, Setty expressed confidence in sustaining credit growth...
03 Nov, 2026, 07.41 PM IST
India eases forex reporting rules for small value service exports, importsThe Reserve Bank of India has eased foreign exchange reporting rules for services exports and imports, reducing compliance requirements for...
03 Nov, 2026, 04.09 PM IST
RBI deliberates economic risks at 625th Central Board meeting chaired by Governor Sanjay MalhotraThe Reserve Bank of India conducted its 625th Central Board meeting under Governor Sanjay Malhotra. The board reviewed economic conditions ...
30 Oct, 2026, 08.45 PM IST
Bank credit growth outpaces deposits at 17.94% as festive demand picks upBank credit expanded significantly, reaching Rs 232.54 lakh crore by mid-October 2026, showing a strong 17.94 percent growth. In contrast, ...
30 Oct, 2026, 06.02 PM IST