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Rise in NPA is transitory, as borrowers take time to adjust to new rules, says Muthoot Finance MDMuthoot Finance has indicated an increase in bad loans linked to evolving lending regulations that are affecting borrowers. The company exp...- Irdai to weigh 650+ responses on insurance commissionsThe regulator had extended the deadline earlier by a week after receiving more than 650 responses to its September 23 consultation paper, w...
- Black Friday 2026: Could buy now, pay later offers leave shoppers facing a bigger financial headache after the holidays?Black Friday shopping can lead to manageable but potentially harmful financial consequences for consumers, particularly with buy now, pay l...
- Besides the bubble, a big AI risk could be growing in the shadowsInvestors are worried about potential financial risks linked to Big Tech's investments in AI infrastructure. The technology sector recently...
- Bank lending rises as corporate bond fundraising falls amid higher yields: Finance MinistryBank lending witnessed a significant surge during April-August FY27, contributing to financial resources for businesses. Non-food bank cred...
- Bank loans against fixed deposits surge 53% to Rs 2.17 lakh crore on FCNR-B leverage playBy the close of September, loans against fixed deposits experienced a striking 53% year-on-year spike, reaching Rs 2.17 lakh crore. The dem...
- Bank credit growth outpaces deposits at 17.94% as festive demand picks upBank credit expanded significantly, reaching Rs 232.54 lakh crore by mid-October 2026, showing a strong 17.94 percent growth. In contrast, ...
- NCLAT sets aside insolvency proceedings against Polycab over Rs 2.78 crore duesNCLAT overturned the insolvency proceedings against Polycab India Limited, which originated from a claim by Asier Metals. The tribunal foun...
- Global Market: Wall Street's top asset managers bet big on AI infrastructure boomWall Street’s leading alternative asset managers are ramping up investments in AI infrastructure, betting on long-term leases and creditwor...
- ESAF Small Finance Bank posts Rs 160 crore Q2 profit as asset quality improvesESAF Small Finance Bank reported a net profit of Rs 160 crore in Q2, reversing a Rs 116 crore loss in the year-ago period. Improved margins...
- UPS rules clarified: What happens to pension contributions during employee’s probation, suspension and absence from dutyCentral government employees must contribute to the Unified Pension Scheme during probation, yet contributions during suspension are option...
- 5 smart ways to save on flight tickets, hotel bookings and travel expenses during this festive seasonPlanning a festive getaway doesn't have to break the bank! Discover essential tips to save on flights, accommodation, and more while enjoyi...
- Agentic AI can cut banks' transaction monitoring workload by up to 50%, improve compliance quality: McKinseyBanks could reduce the human effort required for transaction monitoring investigations by 30-50% by deploying agentic artificial intelligen...
- US Market: AI boom could weaken dollar’s safe-haven appeal as foreign flows riseThe US dollar’s safe-haven status could face pressure if the AI investment boom unwinds, prompting foreign investors to pull back from Amer...
- Credit card additions hit second-highest monthly level in 2026 as banks gear up for festive seasonHDFC Bank and Axis Bank together accounted for nearly 43% of the net additions during September, adding 539,878 cards between them. The two...
- GST registration gets easier as CBIC drops Udyam proof, sets seven-day limit for approvalsThe Central Board of Indirect Taxes and Customs has issued clarifications regarding GST registration requirements for businesses. Companies...
- 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...
- 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 ...
- Bank of Maharashtra Q2 profit jumps 41.5% as bad loans declineBank of Maharashtra posted a 41.5% year-on-year rise in Q2 net profit to Rs 2,310 crore, supported by stronger income, deposit and credit g...
- Insurance commission: NBFCs seek 5-year transition period to reduce selling feeThe industry body of NBFCs has told the Insurance Regulatory and Development Authority of India (IRDAI) that the proposed commission caps o...
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