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IR ACADEMIC BANK OF CREDITS
PSBs may lose the edge over private peers as tightening liquidity, rising credit costs may impact growthPublic sector banks' advantage over private lenders is fading. Excess liquidity and low credit costs are diminishing. Liquidity coverage ra...- Bank credit grows 17.4% in May as rising yields push companies to loansBank loans are seeing a surge. Credit growth reached 17.4 percent by May 31, the highest in almost two years. This rise is driven by compan...
- Govt eyes rural credit push via flagship schemes, seeks to expand RRB customer baseThe government is enhancing rural credit by integrating the Grameen Credit Score with the JanSamarth portal for faster loan processing. Reg...
- 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 ...
- Have limited or no credit history? FD-backed SBM Paisabazaar Paisa+ credit card helps build credit; offers up to 7% FD returns
- Indian-American arrested in California for allegedly defrauding bank of $100 millionAn Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...
- Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata ConsumerIndian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus...
- RBI issues draft CCR framework aligned with global standardsThe Reserve Bank of India has released draft rules for banks. These rules cover how banks calculate risks from derivative deals. They also ...
- Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMinThe Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has seen over 1 lakh guarantees issued, totaling Rs 48,484 crore in just one month. ...
- Govt extends validity of Credit Guarantee Scheme for Microfinance Institutions upto August 31The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...
- What is Germany's Qualified Employment Visa and who can apply?Germany's Qualified Employment visa offers a pathway for non-EU skilled workers with recognized qualifications to secure jobs. Applicants n...
- Why are Delhi University students skipping the fourth year? New data reveals surprising trend across top collegesDelhi University's Four-Year Undergraduate Programme offers flexibility but students largely stick to the three-year degree. Many are not o...
- Punjab government abolishes date-of-birth based tie-breaker in board examsThe Punjab government has abolished the date-of-birth-based tie-breaker system in board exams to ensure fair ranking for all high-scoring s...
- Finance Minister to review flagship schemes with state-owned banks, RRBs in West Bengal: SourcesFinance Minister Nirmala Sitharaman will soon review key schemes like Jan Dhan, Mudra, and PM Vishwakarma in West Bengal. She will meet wit...
- 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...
- Schools in AP and Telangana to resume from this date: Check reopening schedule and June holidaysAndhra Pradesh and Telangana schools are set to reopen on June 15, 2026, concluding the summer vacation that began on April 24. The decisio...
- Rafale fires MICA NG missile: All about the next-generation weapon built to target stealth aircraft, drones and cruise missilesFrance successfully test-fired its new MICA NG air-to-air missile from a Rafale jet, marking its first supersonic flight. This advanced mis...
- DU admissions 2026 date may get delayed this year, here's whyDelhi University's undergraduate admissions face further delays. Registrations will now commence after the Common University Entrance Test ...
- IRS tax refund news June 2026: Which taxpayers qualify for delayed refunds and when could payments arrive?More than $3,400 is the projected average IRS tax refund for many eligible filers this year, making tax refund updates one of the most sear...
- Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
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