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CREDIT INSTITUTIONS
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...
Promoters with fraud loan A/Cs may not get to join other companies as directorsThe move follows concerns raised by banks, citing cases where such promoters continue to hold directorships elsewhere. Existing laws do not...
Microfinance Institutions' AUM projected to grow 20% in FY27: CrisilMicrofinance institutions are poised for significant growth, with assets under management expected to surge by 20% in FY27. This accelerati...
Filing ITR? Here's what AIS and Form 26AS tell the income tax department about youAs taxpayers gear up for ITR filing in AY 2026-27, understanding the consolidated Form 168 (formerly AIS and Form 26AS) is crucial. This un...
From niche to mainstream: How India's bond market reinvented itself over the last 10 yearsIndia's bond market has seen a dramatic overhaul, becoming more open and globally connected. Key reforms by SEBI, including lowered minimum...
From niche to mainstream: How India's bond market reinvented itself over the last 10 yearsIndia's bond market has transformed significantly over the last decade, moving from an opaque, institutional-focused space to a more transp...
Born on July 1, died on July 1: Who was Dr Bidhan Chandra Roy, in whose memory India celebrates National Doctors' Day?India observes National Doctors' Day on July 1, honoring medical professionals and commemorating the remarkable life of Dr. Bidhan Chandra ...
Don't worry, banks have shock absorbers: RBIIn its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned tha...
Bad loans may edge up to 1.9% by FY28 despite resilient banks: RBIIndian banks are projected to see a slight increase in bad loans to 1.9% by March 2028, yet the system remains robust with strong capital a...
Meerut boy missed IIT admission by just 2 marks, self-studied on YouTube, became a scientist at ISROA Meerut youth, Sanket Kumar, transformed a two-mark JEE Advanced miss into a stellar ISRO career. Undeterred by the 2021 setback, he self-...
SMBC Asia Rising Fund makes follow-on investments worth $12-15 million in three fintech startupsSMBC Asia Rising Fund (ARF) has injected $12-15 million in follow-on investments into Easy Home Finance, Vayana, and DPDzero. These strateg...
HDFC Bank valuations attractive, banking sector ready for next growth phase: Sandip SabharwalMarket expert Sandip Sabharwal sees private banks entering a robust phase driven by accelerating credit growth and easing margin pressures....
Eleven invests Rs 216 cr into financial services biz, total investment rises to Rs 470 crDiversified group Eleven has injected Rs 216 crore into its financial services arm, pushing total investment to Rs 470 crore over four year...
Female entrepreneurs to drive deeper digital finance adoption says DBS Bank study, finds 84% already use payment toolsDigital tools are becoming "increasingly integral to business management" for female entrepreneurs in India, supporting everything from pay...
Female entrepreneurs to drive deeper digital finance adoption says DBS Bank study, finds 84% already use payment toolsDigital tools are becoming "increasingly integral to business management" for female entrepreneurs in India, supporting everything from pay...
Maharashtra cabinet clears draft bill to recognise women farmers, widen welfare accessMaharashtra's cabinet has greenlit a groundbreaking bill to legally recognize women farmers, even those without land. This initiative aims ...
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
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...
RBI Governor asks banks to treat MSMEs as growth partnersRBI Governor Sanjay Malhotra urged banks to embrace digital transformation and view MSMEs as vital partners, not just compliance. Speaking ...
Credit flow to bottom tier slows as microfinance lenders turn to safer borrowers: SIDBI-EquifaxCredit access for bottom-of-the-pyramid borrowers in India has slowed as microfinance lenders turn cautious after two years of asset qualit...