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AADHAR LOAN DISBURSEMENT 2025
Bank credit to industry grows at robust 17.5% in May: RBIIndian banks witnessed a significant surge in credit to industries, with a robust 17.5% annual growth in May. This expansion was driven by ...- Fintechs capture 57% share of small personal loans as stress mounts: RBI reportFintech lenders now dominate India's small personal loan market, holding over half of loans under Rs 50,000 by March 2026. This rapid expan...
- Kotak Mahindra Bank to acquire Deutsche Bank's India retail banking businessKotak Mahindra Bank has significantly expanded its footprint by acquiring Deutsche Bank's retail, private banking, and wealth management op...
- Digital lender Fibe files draft papers seeking to raise Rs 750 crore in fresh capitalDigital lending firm Fibe has filed for an IPO, aiming to raise Rs 750 crore. The company's major investors are offloading shares in this p...
- Oyo parent files updated DRHP for Rs 6,650 crore IPO: Key things to knowOyo's parent company, Prism, has filed for a Rs 6,650 crore IPO, with plans for a potential pre-IPO placement. The bulk of the funds will b...
- India's external debt rises to $762.8 billion in FY26, debt-to-GDP ratio climbsIndia's external debt reached $762.8 billion by March 2026, a rise of $26.3 billion year-on-year, pushing the debt-to-GDP ratio to 20.8%. T...
- NCP (SP) suspends farm loan waiver protest after invite for talks with CMNCP (SP) suspended its Chhatrapati Sambhajinagar protest for a farm loan waiver after Maharashtra minister Girish Mahajan invited leaders f...
- Eleven invests Rs 216 cr into financial services biz, total investment rises to Rs 470 crDiversified group Eleven has injected Rs 216 crore into its financial services arm, pushing total investment to Rs 470 crore over four year...
- PayU India posts first full-year operating profit in FY26; revenue rises 13%During the second half of FY26, PayU India also exited certain "negative margin portfolios", impacting its sequential revenue growth. In th...
- NCP (SP) leader Rohit Pawar launches stir over farm loan waiver, accuses Maharashtra government of betrayalNCP (SP) leader Rohit Pawar has initiated a farmers' protest in Chhatrapati Sambhajinagar, accusing the Maharashtra government of reneging ...
- Taking a second loan for home loan repayment? Claim tax deduction on both under old tax regime for Tax Year 2026-2027Homeowners can now potentially claim tax deductions on interest paid for both their original home loan and a subsequent loan taken to repay...
- US judge blocks Trump administration's new student loan restrictionsA federal judge has halted a Trump administration rule that would have lowered student loan limits for graduate nursing and healthcare stud...
- US judge blocks Trump administration's new student loan restrictionsA federal judge has halted a Trump administration rule that would have lowered student loan limits for graduate nursing and healthcare stud...
- 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...
- London court orders Nirav Modi to pay Bank of India Rs 100 croreA London High Court has ordered fugitive diamantaire Nirav Modi to pay Bank of India over $10.7 million (approximately Rs 100 crore). The j...
- 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...
- 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...
- Tamil Nadu CM announces full waiver of coop crop loans up to Rs 75,000Tamil Nadu Chief Minister C Joseph Vijay has announced a significant crop loan waiver. Farmers can receive a full waiver for loans up to Rs...
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