The government is enhancing financial safety nets for rural families. This initiative aims to cushion the impact of El Nino on farming. Eff...

Credit access for bottom-of-the-pyramid borrowers in India has slowed as microfinance lenders turn cautious after two years of asset qualit...

Banks' loan loss provisioning hit a 12-quarter low in March 2026, driven by private sector banks amid improving asset quality and recoverie...

Prudent ARC has become the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore. This marks ...

When it comes to banking, remember this: PSU and private banks have different kinds of loan books; at the end of the day, however, both ope...

HDFC Bank's board meets June 18 to review legal findings on Atanu Chakraborty's concerns. Preliminary reports suggest no governance issues....

The government is collaborating with banks to create a system for sharing borrower asset information. This aims to speed up the recovery of...

Tamil Nadu Chief Minister C Joseph Vijay has announced a significant crop loan waiver. Farmers can receive a full waiver for loans up to Rs...

Salesforce and Hero FinCorp partnered to speed up loan processing. Hero FinCorp deployed Salesforce's Agentforce and other tools. This has ...

The Treasury Department is guiding banks to share information on suspected undocumented customers, framing it as a crackdown on fraud and c...

RBL Bank has appointed Bhavin Lakhpatwala as its new Chief Financial Officer. Lakhpatwala joins from HDFC Bank, bringing over 25 years of f...

Aggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...

Bank lending saw its fastest growth in almost two years by May 31, 2026. Credit expanded significantly, reaching Rs 215.2 lakh crore. This ...

An Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...

A consumer commission held the Central Bank of India liable for losing a land title deed deposited as collateral for an agricultural loan. ...

The government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...

Banks are flagging increased fraud and loan defaults within self-help groups. To combat this, lenders are suggesting mandatory unique regis...