For a continued uptrend, India's Nifty index relies heavily on the resurgence of the banking and IT sectors. Banks are poised for a quicker...

S&P Global Ratings assigned a BBB long-term rating to Bank of India. This rating reflects sufficient capitalisation, solid funding, and hea...

True Balance now uses AI for loan applications, retaining human review for some cases. This approach helps assess borrowers with limited cr...

India’s private banks saw fresh lending spreads widen sharply in July as FCNR(B) inflows improved liquidity and reduced reliance on expensi...

SBM Bank India is considering selling a twenty-six percent stake to raise expansion funds. The bank has appointed a consultant and is curre...

SBM Bank India is exploring a twenty-six percent stake sale to fund its expansion plans. The bank has appointed a consultant and is current...

Non-banking financial companies saw 14.9 percent credit expansion by July end. This growth accelerated from last year's 10.6 percent expans...

India's gold lending industry is projected to witness approximately 28 per cent compound annual growth rate (CAGR) over FY26-28E, driven by...

India secured one billion dollars from the International Finance Corporation for banks. This funding will provide long-term credit to small...

How about a card that not only offers airport privileges but also earns rewards on every eligible spend and UPI transaction, with zero fore...

Public sector banks gained significant lending headroom after liquidity requirement relaxation. This allows them to sustain credit growth w...

Union Minister Shivraj Singh Chouhan urged banks to expedite loan approvals for rural women entrepreneurs. He directed officials to enhance...

Credit card profits are shrinking for Indian banks as spending rises. Customers now use cards more for payments than borrowing, reducing in...

Reserve Bank of India Deputy Governor S C Murmu urged NBFCs to use AI and machine learning tools. He emphasized stronger risk management an...

Aditya Birla Group secured loan commitments exceeding its initial acquisition funding needs. Axis Bank and State Bank of India offered subs...

Economist Neelkanth Mishra defended India's GDP growth numbers against revision claims. He stated economic indicators point to a stronger e...

Bank credit to industry grew by twenty percent in July, while agriculture advances expanded faster. Non-food bank credit saw nineteen point...