IIFL Finance successfully raised $500 million through international dollar bonds, priced at 7.6% for a 3.25-year tenure. This marks India's...

Indian banks are offering more loans at lower interest rates. Almost two-thirds of all bank credit now has rates below 9%. This shift follo...

Banks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industri...

Indian banks anticipate asset quality stress from the second quarter due to the West Asia conflict. Rising fuel prices will reduce consumer...

Public sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance a...

Online PSB Loans (OPL) is in advanced talks to bring AvenuesAI on board as a minority stakeholder, with AvenuesAI planning to acquire a 7% ...

These include portals for credit delivery to rural areas and machinery access for MSMEs, alongside a program to modernize rural enterprises...

Yes Bank is embarking on an ambitious journey to enhance its foundational elements—people, processes, products, and technology. With a keen...

Government directs state-run banks to identify successful initiatives for wider adoption. The focus will be on lending to unorganised secto...

As Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...

Muthoot Finance's gold loan growth remains robust, fueled by higher gold prices. The company observes a decline in smaller loans, with larg...

The new Emergency Credit Line Guarantee Scheme 5.0 is set to boost mid-sized banks. These banks have a larger share of loans to micro, smal...

Canara Bank anticipates a strong FY27. Margins are stable, and asset quality remains robust. The bank can manage upcoming provisioning need...

State Bank of India Chairman C S Setty highlighted emerging risks in digital finance and platform lending. He stressed that financial syste...

ECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.

In a bold move to bolster the economy, the Indian government is injecting an additional ₹2.55 lakh crore in credit specifically aimed at sm...

Jammu and Kashmir Bank achieved its highest-ever annual profit of Rs 2,326.47 crore for the financial year 2025-26. This marks a significan...