Prop traders seek relief on margin funding as global rivals up gameIndian market participants are calling for a fresh look at margin funding policies, aiming for adjustments from the central bank. The propo...
10 Jun, 2026, 07.40 AM IST
HDFC Bank raises MCLR by up to 10 bps across select tenorsFollowing the revision, the bank's MCLR, which is the lender's internal benchmark for pricing loans, stands in the range of 8.05% to 8.65%,...
10 Jun, 2026, 12.41 AM IST
Canara Bank recovers over half of ₹500 crore Rajesh Exports exposure, CEO outlines growth strategyCanara Bank has recovered over half of its ₹500 crore exposure to Rajesh Exports and is pursuing legal avenues for the remaining amount. Th...
10 Jun, 2026, 12.32 AM IST
Sachin Bansal’s Navi in talks to raise $250-300 million from Prosus, Accel USSachin 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...
09 Jun, 2026, 06.00 AM IST
What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
09 Jun, 2026, 12.47 AM IST
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...
09 Jun, 2026, 12.16 AM IST
HDFC Bank borrower alert: EMIs on these loans to cost more as bank raises lending rates by up to 10 bpsHDFC Bank has increased its Marginal Cost of Funds-based Lending Rates (MCLR) by up to 10 basis points, effective June 8, 2026. The revised...
08 Jun, 2026, 02.44 PM IST
Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...
05 Jun, 2026, 12.55 AM IST
Physicswallah shares rally 18%, snap 5-day losing streak. What's behind the surge?PhysicsWallah shares rose sharply on Thursday, adding nearly Rs 5,000 crore in market value after the company reversed its lending strategy...
04 Jun, 2026, 12.30 PM IST
PhysicsWallah revises lending strategy, to partner with NBFCs for student loansIn 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...
04 Jun, 2026, 12.00 PM IST
Money market-volumes jump to record as bank lending boomsIndia's money markets are experiencing record activity. State-owned banks are borrowing more to fund strong credit demand. This surge in le...
04 Jun, 2026, 11.12 AM IST
RBI’s Swaminathan warns banks on rising risks beyond balance sheetsIndian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geop...
03 Jun, 2026, 10.36 PM IST
Fintech lenders corner 77% of India's personal loan market by volume in FY26Fintech lenders now lead India's personal loan market by loan count. These digital NBFCs are disbursing small-ticket loans, reaching more c...
02 Jun, 2026, 04.50 PM IST
Unified Lending Interface is a good start. Now comes the hard partIndia's new Unified Lending Interface, ULI, promises to fix credit access. However, its true impact depends on fintech companies.
02 Jun, 2026, 11.13 AM IST
Rules in the works to enable G-Sec, repo deals by insurersInsurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...
02 Jun, 2026, 06.05 AM IST
Digital lenders clock strong FY26 on sturdier fundamentalsNew-age fintech lenders like Fibe, Navi, and Kreditbee have achieved profitable growth in FY26, demonstrating business maturity despite eco...
01 Jun, 2026, 06.00 AM IST
AvenuesAI plans strategic investment in Ratnaafin Capital NBFC to drive AI-led embedded lendingAvenuesAI is planning a minority investment of up to 2.5% in Ratnaafin Capital, a scaled new-age NBFC with a lending book exceeding INR 200...
29 May, 2026, 06.53 PM IST