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INDUSTRIAL CREDIT GROWTH
Progcap looks to raise $45 million equity capital in FY28The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and ...- FEMA rules revision: Exporters flag at least half-a-dozen worriesIndian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liq...
- MSMEs and GST@9: Journey so far and next phase of reformsFor India Inc., including MSMEs, the focus appears to have shifted from stabilisation to optimisation, as confidence grows on account of di...
- ETMarkets Smart Talk | Corporate bonds are emerging as a compelling alternative to fixed deposits: Nikhil AggarwalAs fixed deposit rates decline, Indian investors are increasingly exploring corporate bonds for better post-tax returns. This shift, driven...
- India's growth story not recognised by global rating agencies: Piyush GoyalCommerce Minister Piyush Goyal has publicly questioned the fairness of global credit rating agencies like S&P, Moody's, and Fitch, stating ...
- India Inc profit hit from West Asia tensions to halve if truce holds, Crisil saysCorporate India's profitability impact from the West Asia conflict is now expected to be half of initial fears, with Crisil Ratings predict...
- World MSME Day: Global trade risks weigh on MSMEs; industry seeks competitiveness-focused reformsIndian MSMEs are urging a policy overhaul to boost global competitiveness, citing challenges from geopolitical shifts and supply chain disr...
- India's active credit cards cross 120 million in MayIndia’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, accordin...
- SBI Cards tops credit card additions in May as industry hits 12 crore milestone; spends grow 6.3% YoYIndia's credit card sector has surpassed 12 crore cards, with new additions surging 33.7% year-on-year in May 2026. Despite robust cardhold...
- Commodity correction offers buying opportunity; defence, banking remain long-term bets: Dharmesh KantMarket expert Dharmesh Kant sees commodity corrections as buying opportunities, with the broader cycle intact due to global demand and Indi...
- Forget power: The unquenchable AI thirst propelling water stocks up to 45%India's water sector is experiencing a surge, with stocks like Shakti Pumps and VA Tech Wabag jumping up to 45% in a month. This rally is f...
- S&P upgrades Bharti Airtel to 'BBB+' on strong India, Africa growth and debt reduction prospectsBharti Airtel's credit rating has been boosted to 'BBB+' by S&P Global Ratings, reflecting robust earnings growth anticipated in India and ...
- Kunal Shah named WhatsApp global CEO as Meta takes $900 million stake in CredMeta enters the cap table of fintech co-valued at $4.5 billion post-money; Miten Sampat is interim CEO. The funding comprises about $400 mi...
- India's asset wealth management AUM projected to reach US$ 1.7 trillion by 2030: PwC reportIndia’s asset and wealth management industry is projected to reach US$1.7 trillion in AUM by 2030, driven by rising retail participation, g...
- Gold loans surge in Retail Mix; NBFCs outpace banks in market share gains: Experian reportA report by credit bureau Experian shows that gold loans have become a major driver of India’s retail credit growth, with their share in th...
- India achieves MIV 2030 ship-recycling goal ahead of scheduleIndia has surged to become the world's leading ship-recycling nation in 2025, achieving this milestone ahead of schedule. This significant ...
- MSMEs nursery of entrepreneurship, key to Viksit Bharat vision: RBI Guv Sanjay MalhotraRBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He not...
- Brexit at 10: How Britain's financial sector recovered and evolvedPost-Brexit, London's financial landscape has witnessed a decline in its global market influence and workforce numbers. While some position...
- India's clean energy transition needs cleaner industrial supply chainsIndia's clean energy ambitions depend not just on renewable capacity but also on decarbonising industries. Cleaner supply chains, green man...
- 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 ...
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