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Festive stocking drives 36% jump in TReDS volumes as small businesses seek working capitalThe five platforms operating under the Trade Receivables Discounting System (TReDS) financed invoices worth Rs 75,788 crore in August and S...
Rising debt, non-bank finance may limit ECB policy flexibility, says SchnabelRising public debt and growing non-bank financial institutions could constrain the European Central Bank's ability to manage inflation, ECB...
SK Hynix's New York chip plans hit snag over US restrictions on China, sources saySK Hynix is seeking US export licenses to equip its Dalian plant, arguing that increased production there would help fund its planned US ex...
Middle class spending boom in India comes with growing debt billConsumer borrowing in India has surged significantly as access to credit has expanded across the population. Individuals like Navjot Singh ...
NBFCs redesign lending models ahead of revolving credit curbsNon-banking financial companies are innovating loan products to align with upcoming Reserve Bank of India guidelines. These guidelines aim ...
India's data centre capacity set for 5x surge by 2030By March 2030, India’s data centre capacity is projected to soar to 7.5 gigawatts, fueled by escalating demand from global hyperscalers and...
Sudarshan Venu family trusts pledge TVS shares to fund TSF stake buySudarshan Venu's trusts have secured ₹825 crore through share pledges to acquire an additional stake in TVS Holdings. The acquisition will ...
India’s manufacturing output dominated by large factories, while smaller units lag behindIndia's manufacturing sector is highly fragmented, with large factories significantly outpacing small units in productivity and output. Whi...
Banks seek microloan guarantee extensionIDFC First Bank and small finance banks such as AU, Jana and Suryoday were among the biggest users of the scheme to reduce credit risk. The...
Zee draws line between CBI probe against Subhash Chandra and its businessZee Entertainment Enterprises has clarified that an Enforcement Case Information Report (ECIR) registered against founder Subhash Chandra i...
Indian Bank targets Rs 100 cr lending under EV charging scheme in FY27: MDIndian Bank has set a lending target of Rs 100 crore for electric vehicle charging infrastructure. The bank launched IND Green Charge for p...
Banks must go beyond lending to unlock Bengal's industrial potential: NITI Aayog's Ashok LahiriNITI Aayog vice-chairman Ashok Lahiri emphasized the need for banks to facilitate connections between businesses and financial resources. H...
Rs 210-crore bank fraud case: CBI books Chandra Proteco and its directorsThe CBI has registered an FIR against Chandra Proteco Limited and its directors over an alleged bank fraud of Rs 210.13 crore involving fiv...
Mazagon Dock Q2: All you need to know about PSU shipbuilder's July-September businessFor Mazagon Dock, revenue from operations fell 16.5% year-on-year to Rs 2,446 crore from Rs 2,929 crore in the year-ago quarter. On a seque...
Mazagon Dock Shipbuilders shares crash 10% after Q2 net profit tumbles 54%; firm declares Rs 5/share dividendMazagon Dock Shipbuilders shares plunged 10% after the state-owned company reported a 54% year-on-year decline in Q2 FY27 net profit to Rs ...
Indian lenders defer dollar debt sale plan as rates turn expensiveAmidst rising US Treasury yields and a depreciating rupee, multiple Indian banks, such as Canara Bank, PNB, and Bank of India, are delaying...
Indian Overseas Bank to raise $500 million as Q2 profit jumps 56%Indian Overseas Bank plans to raise $500 million through external commercial borrowings in two tranches by December. The lender reported a ...