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CITI BASE LENDING RATE 2025
Corporate loans outpace retailCorporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yie...- Cover in Dubai, dollars in India, foreign banks are ready to playOverseas banks are finding a clever way to tap India's dollar demand without exceeding exposure limits. They're asking Indian banks to issu...
- These 7 private and public banking stocks have an upside of up to 24% in one year, according to analystsAt the end of the day, both private and PSU banks are equally impacted by what goes on in the economy. If they are behaving differently in ...
- World Bank to phase out China lending by 2031The World Bank is set to cease lending to China by 2031, a move reflecting Beijing's economic ascent. Loans will be capped at $2 billion un...
- AI skills power nearly two-thirds of new GCC hiring in IndiaIndia's white-collar hiring saw a dip in June, yet its Global Capability Centres (GCCs) are booming, especially in AI. GCCs are shifting fr...
- AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
- Fibe parent files draft papers with Sebi for IPO; aims to garner Rs 750-cr via fresh issueDigital lending platform Fibe's parent company, Social Worth Technologies, is set to launch an Initial Public Offering (IPO). The company a...
- Digital lender Fibe files draft papers seeking to raise Rs 750 crore in fresh capitalDigital lending firm Fibe has filed for an IPO, aiming to raise Rs 750 crore. The company's major investors are offloading shares in this p...
- PRISM files IPO papers for Rs 6650 crore fresh issue, reports Rs 748 crore profit in 9MFY26Oyo's parent company, PRISM, has filed its IPO papers with SEBI, planning a Rs 6,650 crore fresh issue to repay borrowings. The hospitality...
- Million-plus cities lead in job quality, earnings: NSOIn India’s bustling metropolitan areas, workers are now enjoying improved job opportunities, particularly in regular salaried positions, al...
- Residential sales dip to lowest since Jan 2023 amid West Asia war, impacting buyer sentimentResidential sales in India experienced a significant dip in April-June, reaching the lowest point since early 2023. Geopolitical tensions a...
- Progcap looks to raise $45 million equity capital in FY28The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and ...
- Prestige Group holds Rs 65,000 crore unrecognised revenue in books on record pre-sales: Chairman Irfan RazackPrestige Estates Projects Ltd holds a substantial Rs 65,000 crore in unrecognised revenue, fueled by robust housing sales. The company repo...
- Smartworks to acquire Singapore’s Workstudio SpacesSmartworks is set to acquire Singapore-based Workstudio Spaces, expanding its footprint to 76,000 sq. ft. with over 1,500 seats. This strat...
- India's active credit cards cross 120 million in MayIndia’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, accordin...
- 8th Pay Commission fitment factor: Expert explains how fitment factor may reach 2.10; check salary hike calculationCentral government employees and pensioners are eagerly awaiting the 8th Pay Commission's report, with discussions around the crucial fitme...
- Affordable housing finance firms likely to regain growth in FY27, but macro risks loom: KotakAffordable housing finance companies are poised for a growth rebound from FY27, according to Kotak Institutional Securities. After a subdue...
- India's retail lending sector entering multi-decade growth cycle driven by digital transformation, financial inclusion: ReportIndia's retail lending sector is poised for decades of growth, fueled by digital innovation, financial inclusion, and rising incomes. Housi...
- SBI's improving performance warrants better valuation, chairman Setty says: ReportState Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He...
- Brexit at 10: How Britain's financial sector recovered and evolvedPost-Brexit, London's financial landscape has witnessed a decline in its global market influence and workforce numbers. While some position...
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