The move follows concerns raised by banks, citing cases where such promoters continue to hold directorships elsewhere. Existing laws do not...

New Reserve Bank of India regulations, now effective from July 1, aim to bolster financial stability by limiting bank exposure to real esta...

Microfinance institutions are poised for significant growth, with assets under management expected to surge by 20% in FY27. This accelerati...

Microfinance loans saw their first increase in over a year during the January-March 2026 quarter, despite a continued drop in borrower numb...

Household debt has climbed to 45.5% of India's GDP, driven by a surge in non-housing retail loans, now making up over half of total borrowi...

Fintech lenders now dominate India's small personal loan market, holding over half of loans under Rs 50,000 by March 2026. This rapid expan...

India's central bank has identified soaring AI stock valuations globally as a financial stability risk, warning of potential market spillov...

India Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and ...

Indian issuers, including SBI and BoB, have paused dollar bond plans as investors demand higher yields amid rising supply expectations from...

A federal judge has halted a Trump administration rule that would have lowered student loan limits for graduate nursing and healthcare stud...

A federal judge has halted a Trump administration rule that would have lowered student loan limits for graduate nursing and healthcare stud...

Lending money to friends can unexpectedly strain relationships, a 2024 study reveals. Lenders often feel a sense of ownership and develop e...

Facing vehicle repossession in India? Understand your rights: lenders can't seize your vehicle after just one or two missed EMIs without du...

Indian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attra...

Indian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...

According to the CBI, the two former executives are accused of causing a combined wrongful loss of Rs 7,623 crore to public sector banks. I...

The Reserve Bank has revamped the Kisan Credit Card (KCC) Scheme, standardizing crop season definitions for uniform loan sanctions and repa...