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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...- BHIM eyeing govt schemes, products to boost business growthLalitha Nataraj, chief executive officer of NPCI BHIM Services Ltd (NBSL), said the company is targeting largely untapped user segments and...
- RBI tightens rules on recovery of excess pension paymentsGovernment pensioners will now have stronger protection against unexpected deductions from their accounts. The Reserve Bank of India has ma...
- RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...
- Real estate platform Square Yards achieves unicorn status after securing 900 cr in fundingReal estate platform Square Yards has secured Rs 900 crore in a funding round, achieving unicorn status with a valuation exceeding $1 billi...
- Next ECMS tranche likely in August, to target rare earths, componentsGovernment officials anticipate announcing the next wave of Electronic Component Manufacturing Scheme (ECMS) beneficiaries next month. The ...
- Inflationary pressures, reduction in discretionary cash flows may impact collection of MFIs: ReportMicrofinance borrowers' repayment behavior may face challenges from inflation and reduced household cash, though the West Asia conflict has...
- Kerala to review pension rolls, reiterates Rs 3,000 pension promiseKerala Chief Minister V D Satheesan announced a comprehensive review of welfare pension beneficiaries to eliminate ineligible recipients an...
- Early signs of stress emerge in MSME loans as West Asia disruptions worry banks: ReportLenders are concerned about the ripple effects of the West Asia conflict, which has disrupted supply chains and increased input costs for b...
- NHB probing Aavas Financiers over loan classification lapsesThe sector regulator has recalled refinancing support worth nearly Rs 500 crore —a punitive action that has set off a sweeping leadership o...
- Return poll funds first: Kunal Ghosh challenges Trinamool dissident MLAsA political row has erupted in West Bengal over funds used during the assembly election campaign, with Trinamool Congress and dissident MLA...
- Modi releases PM-Kisan instalment for 9.44 crore farmers, launches world's largest crop insurance scheme in BengalPrime Minister Narendra Modi disbursed over Rs 18,880 crore to 9.44 crore farmers under the PM-KISAN scheme. He also launched the Pradhan M...
- Modi says 70 lakh jobs created under PM-Viksit Bharat Rozgar Yojana so far; transfers initial incentives worth Rs 2,400 crPrime Minister Narendra Modi announced over 70 lakh jobs created under the Pradhan Mantri Viksit Bharat Rozgar Yojana, disbursing Rs 2,400 ...
- PM Modi to disburse ₹2,400 crore to 1.5 million first-time employees under PM-VBRY on FridayPrime Minister Narendra Modi will disburse ₹2,400 crore in incentives under the Pradhan Mantri Viksit Bharat Rojgar Yojana. This will benef...
- India taps World Bank, ADB for $2.5 billion infrastructure spendIndia is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infras...
- PM Modi to disburse incentives worth around Rs 2,400 cr under PM-VBRY on June 19Prime Minister Modi announced Rs 2,400 crore in incentives under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) on June 19. This ...
- Hero FinCorp teams up with Salesforce to drive loan processing with AgentforceSalesforce and Hero FinCorp partnered to speed up loan processing. Hero FinCorp deployed Salesforce's Agentforce and other tools. This has ...
- Letter petition in SC seeks probe into Ram Mandir donation irregularitiesA petition has reached the Supreme Court alleging issues with donations at the Shri Ram Janmabhoomi Mandir. The plea seeks an FIR and an in...
- Default clouds hover over microfinance as industry flags weak monsoonIn the evolving world of India's microfinance sector, fresh credit risks are emerging on the horizon. The dual challenges of an unsteady mo...
- HFCs emerge stronger after FY26 stress, asset quality recovers sharply; sector better placed for FY27: ReportHousing finance companies have emerged stronger after facing challenges. Asset quality has improved significantly. Loan growth is picking u...
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