Indian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. After showing initial promise, the Nif...

Business assets under management grew 15% year on year to Rs 1.47 lakh crore. Non-vehicle finance disbursements, including SME loans, perso...

Sensex and Nifty ended above pre-closing auction session levels after extreme volatility, despite an Rs 8 lakh crore market selloff. Elevat...

EPS pensioners can now submit their Digital Life Certificate effortlessly from home. Thanks to the India Post Payments Bank, a convenient d...

Piramal Finance shares rose nearly 4% after Q2 FY27 net profit surged 67% year-on-year to Rs 545 crore. Assets under management grew 24%, w...

Bajaj Finance shares dropped on Wednesday after the NBFC reported a 29% year-on-year rise in Q2FY27 net profit to Rs 6,367 crore. Nomura an...

Bajaj Finance expects AUM to grow 26-27% in FY27 as it accelerates customer acquisition and loan disbursements. The lender plans to book 60...

Piramal Finance’s assets under management grew 24% to Rs 1.13 lakh crore, led by a 30% rise in retail AUM. Net interest income increased 35...

IIFL Finance is intending to raise ₹2,500-5,000 crore by selling a minority stake. The company's promoters may subscribe to warrants to lim...

Bajaj Finance is projecting a remarkable 29% increase in net profit for the July-September quarter, driven by robust loan demand and a boos...

Reema Nanavaty, Director of the Self-Employed Women's Association of India, was recently honored with the Hillary Rodham Clinton Award. The...

IIFL Finance reported a significant increase in profit after tax for the quarter, rising to Rs 805 crore. This growth was attributed to str...

Direct mutual fund assets held through Groww rose 45.9% year-on-year (YoY) to Rs 2.06 lakh crore as of end September, and 7.8% from about R...

Indian mutual funds increased cash holdings to Rs 1.83 lakh crore in September, with cash allocation rising to 3.98% of total assets. SBI, ...

The task ahead for lenders, fintechs, and financial institutions serving this segment is not simply to close the credit gap; it is to close...

CreditAccess Grameen is in the process of securing a $175 million loan from several international lenders. This funding will help enhance t...

India's microfinance sector, with a market worth ₹3.30 lakh crore, is encountering credit risk hurdles. Key factors include inconsistent ra...