Bank credit grows over 17% in May, extending double-digit rise for 9th month in a rowBank credit saw a strong 17.44 percent growth in May. This marks the ninth straight month of double-digit expansion. Demand for loans from ...
India Inc remains bullish on FY27; Telecom, defence, banking seen driving growth: ReportIndian businesses are optimistic about FY27. Telecom, defence, metals, and banking are set for growth. Companies expect demand to remain st...
SpaceX’s IPO success may rub off on AmbaniInvestor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. Howeve...
Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...
From finance to leadership: How technology is shaping smarter decisionsArtificial intelligence is transforming finance and leadership. AI tools now help analyse risks, detect fraud, and automate tasks. Leaders ...
Microfinance market reports a small rise in early stage delinquencyMicrofinance loan defaults in the early stages increased in April. However, loans facing later stage defaults showed improvement. The overa...
Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...
India a major growth market for Celonis, says senior execThe Germany-based company said it already serves 260 global capability centres (GCCs) in India, counting companies such as Mercedes-Benz, H...
Last date to buy these 3 Tata Group stocks for dividends worth Rs 89. Do you own any?Investors have a final chance today to purchase shares in Tata Chemicals, Tata Elxsi, and Tata Investment Corporation. These three Tata Gro...
Credit cover for collateral-free education loans may be raised at inter-ministerial consultationsThe government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...
Apollo wraps up $35 billion debt to buy AI chips for AnthropicThe package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center cons...
RBI approves Sahamati as SRO for Account Aggregator ecosystemThe Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...
US Stock Market: Private credit funds face fresh redemption test as investor withdrawals remain elevatedPrivate credit funds catering to wealthy investors are coming under renewed pressure as redemption requests remain elevated in the second q...
Money market-volumes jump to record as bank lending boomsIndia's money markets are experiencing record activity. State-owned banks are borrowing more to fund strong credit demand. This surge in le...
Fintech lenders corner 77% of India's personal loan market by volume in FY26Fintech lenders now lead India's personal loan market by loan count. These digital NBFCs are disbursing small-ticket loans, reaching more c...
Unified Lending Interface is a good start. Now comes the hard partIndia's new Unified Lending Interface, ULI, promises to fix credit access. However, its true impact depends on fintech companies.
Nearly two-thirds of bank loans now priced below 9% as rate cuts biteIndian banks are offering more loans at lower interest rates. Almost two-thirds of all bank credit now has rates below 9%. This shift follo...