Canada's Fairfax Financial Holdings intends to divest its nearly 11% stake in IIFL Finance soon. The sale aims to raise funds for acquiring...

Deutsche Bank launches its digital asset custody service for institutional and corporate clients, offering secure storage for cryptocurrenc...

HDFC Bank shares have surged 22% in 10 days as governance concerns ease and operational performance improves. Analysts see an earnings reco...

Blackstone is negotiating a significant investment in IIFL Finance, indicating rising global interest in non-bank lenders. Recent deals inc...

Resolven has successfully mobilised USD 900 million in financing from 15 diverse lenders this year. The funds consist of USD 700 million in...

India's central bank has informed some lenders about the need to adjust bond forward accounting practices. This change could impact billion...

Public sector banks are incorporating environment, social, and governance parameters into their credit risk assessment processes. Seven ban...

Satya Micro Capital plans to sell its housing finance subsidiary for ₹150-200 crore to ease liquidity pressure and strengthen its financial...

Some banks, which just a few weeks ago were lining up to fund AI deals, are now telling market participants they would be reluctant to fina...

Non-bank lenders and housing finance companies are expected to raise lending rates in response to proposed regulatory changes. This adjustm...

Digital lender Kissht's revenue from operations rose 44.7% year-on-year to Rs 732 crore, while Moneyview reported 41% growth to Rs 1,120 cr...

Public sector banks have told the government that raising the foreign investment cap to 49% from 20% could attract passive foreign inflows ...

The microfinance sector experienced varied performance in the second quarter of FY27, reflecting economic uncertainty. Bandhan Bank and Cre...

India's cybersecurity agency named the hacking group behind a wave of AI-driven attacks on financial firms and identified its tools, at lea...

Canara Bank along with other lenders accepted a ₹522-crore one time settlement offer from Supreme Housing and Hospitality. This settlement ...

Utkarsh Small Finance Bank experienced a loss of Rs 70 crore in the second quarter, marking six consecutive quarters of decline. The lender...

India's banks are facing increased scrutiny from the Reserve Bank of India regarding rising cyberattacks and AI risks. Recent incidents inc...