The CBI has registered an FIR against Chandra Proteco Limited and its directors over an alleged bank fraud of Rs 210.13 crore involving fiv...

Working-capital demand from banks has increased significantly due to the ongoing conflict in West Asia. Higher raw-material costs and elong...

Indian companies have sought to raise a total of $8.13 billion in external commercial borrowings. This amount represents a 6% increase from...

In the current economic climate, AAA-rated corporations are opting to secure financing via the bond market, finding it more cost-effective ...

A 28-year-old farm labourer from Latur district, reportedly died by suicide. He was found hanging at his home in Ankulga Rani village after...

If interest rates stay high, and there are signs of a slowdown, banks that depend on retail deposits are the ones to watch carefully. That ...

Maharashtra Chief Minister Devendra Fadnavis announced efforts to halt forceful loan recoveries by microfinance companies affecting farmers...

Public sector banks are experiencing stronger net interest margin growth compared to their private counterparts this quarter. Despite facin...

The Karnataka High Court has dismissed the criminal charges against homebuyer Mr. Bari, who stopped repaying his loan EMIs after learning t...

Millions of Americans struggling with student loan debt may soon face renewed collection efforts from federal agencies. The Education Depar...

Deutsche Bank is revolutionizing corporate lending by harnessing AI technology to expedite decision-making processes. This innovation is se...

Banks have approached the International Financial Services Centres Authority regarding sustainable lending targets for international bankin...

The Central Bureau of Investigation has registered a case against IL&FS Energy Development Company and its executives over loan fraud. This...

IDFC First Bank’s Q2 net profit tripled to Rs 1,045 crore, supported by strong loan and fee growth. Net interest income rose 21%, while net...

A company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But w...

The National Housing Bank (NHB) has appointed ASA & Associates LLP to conduct a forensic audit of SRG Housing Finance amid allegations of f...

Bank of Baroda has initiated a festive campaign providing various retail and MSME loan options for customers. The campaign includes home lo...