India's microfinance sector contracted in the first quarter after a previous rebound. Uneven monsoon progress weighed on rural demand and l...

Muthoot Finance shares dropped nearly eight percent after reporting lower net interest margins. Loan yields are expected to remain under pr...

PNB Housing Finance posted a 4.3% rise in June-quarter net profit as loan assets and AUM recorded double-digit growth. Net interest margin ...

An Illinois woman confessed to fraudulently obtaining government aid via a fake business, netting over forty thousand dollars from two Payc...

Mobikwik achieved 3.7% revenue growth and its third profit quarter. Lower costs and improved lending margins boosted the company's bottom l...

Railway officer's wife ran coaching classes that allegedly taught candidates how cheating would be facilitated in a Western Railway promoti...

Muthoot Finance shares tumbled over 10% after the gold loan lender reported slower AUM growth and margin pressure in the June quarter. Whil...

Bajaj Finserv shares climbed after reporting a 12% net profit increase for Q1 FY27. Revenue from operations grew nineteen percent year-on-y...

India's fintechs are looking beyond their core businesses as growth normalises and investors seek more predictable revenue. Groww, Paytm, P...

Shivalik Small Finance Bank completed its acquisition of ManiBhavnam Home Finance India Pvt last week. This strategic merger cost the bank ...

Punjab National Bank is set to secure a substantial one billion dollars through a five-year loan arrangement. This initiative is being coor...

In an order pronounced on Thursday, special judge Sanjeev Kumar Malhotra directed that the Wadhawan brothers face charges under various sec...

"Our Casa was only 10% initially. For the first three or four years of taking over management of this bank, we slowed down the loan book an...

Operating revenue was up 8% sequentially from Rs 619 crore in the March quarter, while profit increased 16% from Rs 82 crore. Total income,...

Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rur...

Our credit cost was 2.13% of loans including the microfinance portfolio, against a guidance of 2.10%. This year, encouraged by seeing our c...

Shriram Finance plans to double its gold loan contribution to five percent. The company also intends to grow its MSME portfolio to twenty p...