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DIGITAL LENDERS
Bigger loans lift digital lenders’ books 28% as outstanding accounts declineDigital lenders in India experienced a notable 28% increase in their personal-loan portfolios over the past year. The number of outstanding...- Macquarie sees strong earnings recovery for banks, picks 5 stocks to outperformMacquarie expects Indian banks to deliver 18% EPS growth in FY28, supported by higher margins, stronger loan demand, easing liquidity press...
- AIMRA announces nationwide 'No UPI Day' on October 2 to protest against proposed MDR for UPI transactionsAIMRA is organizing a 'No UPI Day' on October 2 to protest against the proposed Merchant Discount Rate. The proposed charges are anticipate...
- Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdoneBank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the re...
- Apple Pay India launch may change payments in iPhones: Expected date, banks supported, UPI access and featuresApple Pay is expected to launch in India next month with Axis Bank credit cards, ahead of wider bank support, Reuters reported. The service...
- Credit Saison diversifies into secured, expects it to be 30% of loans by FY27Credit Saison India is expanding its MSME lending portfolio by increasing secured loans, particularly in Tier 2 and Tier 3 towns. The compa...
- HDFC Bank CEO transition nears; Jefferies sees rerating scope, sets target at Rs 880HDFC Bank could be nearing a leadership transition, with Jefferies saying greater clarity on CEO succession and a management reshuffle coul...
- PC Jeweller shares rise 4% as firm becomes debt-free; stock rallies 89% in 6 monthsPC Jeweller has become debt-free after clearing dues to all 14 consortium banks ahead of schedule, strengthening its balance sheet. The sto...
- Bank strike latest news: Will banks remain open on September 28? What SBI, PNB, Bank of India, Indian Bank & other bank customers need to knowBank strike today: The latest bank strike news is that the proposed three-day nationwide strike from September 28 to 30 has been deferred a...
- SBI's growth mantra: Digital first, customer first, nation always, says chairman C S SettySBI aims to harness digital banking and strengthen customer relationships as part of its growth strategy. The bank's total business could p...
- Banks advise customers to complete essential transactions ahead of 3-day strikePublic sector banks and older generation private banks have issued advisories to customers, urging them to complete essential banking trans...
- OFSS shares tumble 5% after Oracle sends 'force majeure' notice for data centre project. Are AI worries coming true?Oracle Financial Services Software (OFSS) shares tumbled over 5% after parent company Oracle issued a force majeure notice regarding a mass...
- Oracle, Blue Owl project delay sends ripples through AI financingOracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico sent a chill ...
- PB Fintech forced to rethink business plan as India insurance commissions cap comes as a major shockerProposed commission caps from the Insurance Regulatory and Development Authority of India could severely impact PB Fintech's revenue. The c...
- Financial sector must fund next generation of enterprises, not just next year's growth: P K MishraThe Principal Secretary to the Prime Minister P K Mishra said on Wednesday that the financial sector should move beyond financing near-term...
- Where to find pre-approved used car loans online without hidden feesStreamlined used-car platforms are revolutionizing the buying experience by presenting pre-approved loan options with transparent charges. ...
- The rise of asset-backed borrowing in India's credit ecosystemAsset-backed borrowing is gaining traction in India's credit market, particularly through gold-backed lending, which provides essential liq...
- “Gold loans are no longer just for rainy days”; Experian India's Manish Jain on why demand is risingManish Jain, Country Managing Director, Experian India, discusses the growing demand for gold loans, the lower risk of over-leveraging with...
- Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in IndiaNabfid is sanctioning significant loans for India's growing data center infrastructure needs. These facilities support the nation's push fo...
- What is an approved project and why does it matter when buying a home?Securing lender approval for real estate projects significantly simplifies the home loan process. Each project is meticulously evaluated th...
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