Fintech major Razorpay has officially commenced its IPO journey by filing its draft red herring prospectus with SEBI, aiming to raise Rs 5,...

Hudco aims to secure one billion dollars in foreign debt. This will be achieved through the Reserve Bank of India's concessional forex swap...

In the evolving world of India's microfinance sector, fresh credit risks are emerging on the horizon. The dual challenges of an unsteady mo...

The Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...

Bank lending saw its fastest growth in almost two years by May 31, 2026. Credit expanded significantly, reaching Rs 215.2 lakh crore. This ...

Bank 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...

Indian companies raised $3.76 billion through external commercial borrowings (ECBs) in April 2026, up from $2.91 billion a year earlier, RB...

An Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...

The Reserve Bank of India now permits banks to directly fund Real Estate Investment Trusts and Infrastructure Investment Trusts. Strict rul...

The Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...

Private sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...

Rajiv Bajaj is moving on from his role on the board of Bajaj Finserv, a transition that follows his earlier departure from Bajaj Finance. T...

If oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...

Happy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offering. This and more in today’s ETtech...

Sachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, potentially from Prosus and Accel Gr...

India is ready to welcome high-quality global pharmaceutical products. This move is in exchange for better market access for Indian drug ex...

In a filing on June 4, the company said it will now tie up with third-party non-banking financial companies (NBFCs) instead of lending thro...