The fintech-turned-bank has raised the money from existing backer Moore Strategic Ventures, the New York-based investment arm of the hedge ...

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

In a bid to boost climate and transition finance, banks are pressing for a lower cash reserve ratio for green deposits. Presently, estimate...

Banks are increasingly selecting microfinance institutions for loans instead of individual borrowers, leading to a reclassification of micr...

India’s NBFC sector is showing signs of a broad-based cyclical recovery, with FY27 first-quarter results pointing to stronger loan growth, ...

Like much of the Indian market, valuations in this sector are also not cheap. And when you pay a full price for a sector, the risk of getti...

Banks in India foresee a stable outlook for asset quality, driven by the reduction of unsecured lending which should prevent new stresses f...

India’s gold loan market is emerging as a growth opportunity for financial institutions, with outstanding loans against gold jewellery reac...

The number of microfinance borrowers with multiple loans has significantly decreased. These borrowers still hold substantial outstanding lo...

There are currently too many variables that can move the markets in either direction. Oil prices may have settled into a range for now, but...

Muthoot Fincorp filed draft papers with Sebi for a Rs 3,000 crore IPO. The company aims to strengthen its capital base and fund business gr...

Neo Wealth Partners has taken a significant step by acquiring a 9.9% stake in Keertana Finserv for Rs 230 crore, reinforcing its commitment...

Svatantra Microfin has filed for a Rs 3,000 crore IPO, comprising Rs 1,500 crore fresh shares and Rs 1,500 crore OFS. Promoter Ananya Birla...

The Reserve Bank of India has proposed new lending rate guidelines. Regulated entities must declare lending rates monthly and reset floatin...

Fusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans whi...

Banks have disbursed merely seventeen percent of the credit guarantee scheme funds. Loan sanctions remain slow as banks show caution with s...

Large microfinance companies including Muthoot Microfin and Satin Creditcare have raised their growth forecasts as private banks, small fin...