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MSME LENDING
RRBs' gross loans rise 10.3 pc to Rs 5.78 lakh crore in FY26; PSL achievement at 91.7 pcRegional Rural Banks saw gross loans rise 10.3 percent to Rs 5,78,349 crore. Their performance under Priority Sector Lending targets remain...
No need for fresh capital for five years: Shriram Finance CEO Parag SharmaParag Sharma expects the company, India's second-biggest non-bank lender by market value, to sustain 18-20% credit growth annually and main...
S&P assigns investment-grade rating to IDFC FIRST Bank. Can it lift the stock?S&P Global Ratings has assigned IDFC FIRST Bank an inaugural investment-grade rating of BBB- for the long term, with a Stable Outlook. The ...
Sammaan Capital shares fall 4% after Q1 profit declines 27% YoY to Rs 243 crore, revenue drops 31%Sammaan Capital reported a 27% YoY decline in consolidated profit to Rs 243 crore in Q1FY27, while revenue from operations also fell. The c...
RBI issues directions on fixed, floating rate loans: What changes for home, personal, MSME loans and existing borrowersThe Reserve Bank of India has proposed a new framework for loan interest rates. This framework aims to bring more uniformity and transparen...
Bank deposits hit decade-high growth as NRI dollar inflows cross $37 billionBank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accoun...
AI in this decade is what digitsation was in the last: RBI governorBanks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public...
Fusion Finance aims to cut microfin share, offer larger retail loansFusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans whi...
After ethanol in petrol, it’s now Bio-CNG’s turn: Govt’s Rs 23,731 crore push could change what powers your CNG car in the years aheadIndia is set to unveil the GOBARdhan scheme, targeting a significant rise in Compressed Biogas production. By transforming agricultural was...
ET Business Growth Summit Noida highlights industrial resilience, jobs and skilling as key growth prioritiesThe ET Business Growth Summit in Noida witnessed strong industry participation, underscoring the growth potential of the region’s industria...
RBI's draft curbs on revolving credit may impact NBFC flexi loans: Morgan StanleyThe Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial c...
Banks welcome RBI's steady rates, see boost to credit growthThe Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered infl...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsA word of caution for all those who have exposure to mid cap stocks or are planning to increase it. Just keep one thing in mind: If there i...
Indian Bank targets Rs 35 lakh crore business by 2032 after crossing Rs 15 lakh crore milestone: MD & CEO"On 125th year, that means 2032, we have set a target of 35 lakh crore business. In June we are at 15 lakh crore. That means we have to bec...
GetVantage secures Rs 63 cr in Series A1 round to scale Capital Gateway for MSMEsThe fresh injection is expected to unlock hundreds of crores in operational debt capital from GetVantage’s financial institution partners.
PNB to hold off on subsidiary monetisation, focus on value creation: MD Ashok ChandraPunjab National Bank will not monetize subsidiaries soon, focusing on operational strengthening for future value. The bank's capital adequa...
AI-led underwriting is the missing link in India’s MSME credit storyIndia’s MSME credit gap sits at Rs 25-30 lakh crore. Of the 87 million registered MSMEs, only 36 million have ever taken a formal loan.