Bank of Baroda and Canara Bank have raised their lending rates. These changes are effective from June 12, 2026. Loans linked to these rates...

The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...

Microfinance loan defaults in the early stages increased in April. However, loans facing later stage defaults showed improvement. The overa...

Following the revision, the bank's MCLR, which is the lender's internal benchmark for pricing loans, stands in the range of 8.05% to 8.65%,...

A number of Fed policymakers have begun to speculate that interest rates may ⁠need to rise to ensure that the central bank's key inflation ...

HDFC Bank has increased its Marginal Cost of Funds-based Lending Rates (MCLR) by up to 10 basis points, effective June 8, 2026. The revised...

BofA Securities India's Amish Shah advises shifting from IT to infrastructure, citing a 'dangerous gap' in consensus earnings forecasts. He...

The Reserve Bank of India maintained the repo rate at 5.25%, reflecting a cautious stance amid global uncertainties and inflation risks. Ex...

Banks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...

Forecasts for FY27 suggest a modest rise in bad loans for microfinance institutions, a development stemming from the adjustments following ...

Satin Creditcare Network's promoters will invest Rs 100 crore through convertible warrants, increasing their stake to 38.32% from 36.17%. T...

The RBI is widely expected to keep the repo rate unchanged at 5.25% in the June 5 MPC meeting despite concerns over rising fuel prices, a w...

Indian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geop...

Tamil Nadu saw a 2.3% quarter-on-quarter squeeze in the state's microfinance outstanding portfolio to Rs 38,900 cr at the end of March, whi...

Indian banks are witnessing a significant shift as nearly two-thirds of credit now carries sub-9% interest rates, a consequence of aggressi...

Indian banks aggressively cut fresh deposit rates in April 2026 to protect margins, with the weighted average falling to 5.77%. Simultaneou...

Karur Vysya Bank is set for significant growth. The bank plans to expand its balance sheet by entering the credit card business and offerin...