Jefferies has initiated coverage on Poonawalla Fincorp with a Buy rating and a target price of Rs 490. The brokerage sees strong growth pot...

The overall microfinance gross loan portfolio stood at ₹3.34 lakh crore at the end of April, down from ₹3.39 lakh crore a month ago, said t...

If the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...

The Reserve Bank of India has cancelled registration certificates for several non-banking financial companies and core investment companies...

The new Emergency Credit Line Guarantee Scheme 5.0 is set to boost mid-sized banks. These banks have a larger share of loans to micro, smal...

State Bank of India's margin drop was a key event. Analysts suggest the worst may be over for banks. Private sector banks are expected to p...

Midcap companies emerged as the strongest performers in the March quarter earnings season, with profit growth outpacing both largecaps and ...

Sahamati, the NBFC-Account Aggregator body, has raised Rs 50 crore from major banks, asset management companies, stockbrokers, and fintechs...

Shapoorji Pallonji Group is set to raise about Rs 25,400 crore by May 15. This funding will be used to refinance existing debt. The group i...

Gold loan fintech startups are pivoting from loan sourcing to building their own loan books due to tightened RBI regulations. Companies lik...

HDB Financial Services surged over 12% after reporting strong Q4 FY26 results, with profit up 41% and NII rising 22%. Brokerages including ...

Happy Tuesday! TCS COO Aarthi Subramanian will head the investigation into a sexual harassment case at its Nashik unit. This and more in to...

Banks, NBFCs, brokers and fintechs are investing in Sahamati, with major lenders and platforms taking nearly 2–8.5% stakes. The move aligns...

“On cost of funds the level of impact depends on the extent to which the borrowings are replaced by term deposits,” said Pranav Gundlapalle...

In addition to strong capital comfort and better return ratios, the valuation of HDFC Bank also became reasonable due to its underperforman...

HDFC Bank, in turn, can use its heftier balance sheet to write bigger loan cheques. The costs of the merger have been brought down by the r...

Leading home loan lender HDFC on Tuesday said a hike in interest rates by banks is unlikely in the near-term, notwithstanding an increase i...