Banks have disbursed merely seventeen percent of the credit guarantee scheme funds. Loan sanctions remain slow as banks show caution with s...

Rakesh Wadhawan has accused Yes Bank of illegally assigning a Rs 600 crore loan. This loan was for a firm he promoted and was transferred i...

The Indian middle class may be facing a financial problem that is easy to miss while incomes and spending continue to rise. A CA has now po...

Nearly two hundred thousand more student loan borrowers will have federal debt forgiven. This follows a federal appeals court decision reje...

The NCLAT rejected an appeal by Log 9 Mobility's suspended directors. They challenged an NCLT order to help recover leased electric vehicle...

Non-banking financial companies saw gold-backed lending grow nearly seventy percent year-on-year. This strong expansion continued into June...

In a groundbreaking move, the government is set to double education loan disbursals across the country, enabling greater access to higher e...

State Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupe...

The Reserve Bank of India has announced new guidelines for loan recovery starting in January 2027. These regulations require that banks pro...

The Reserve Bank of India will permit lenders to restrict devices bought on EMI financing. These restrictions will be gradual and only afte...

In the upcoming June quarter, State Bank of India's profits are projected to dip, influenced by margin constraints and a slowdown in income...

The Reserve Bank of India has updated its regulations on mobile loan financing. Lenders are now required to reinstate device functionality ...

Banks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were finance...

Actor Rajpal Yadav's financial troubles escalate as two of his properties are set to be auctioned off to recover a staggering outstanding l...

PNB Housing Finance shares gained after the lender reported steady Q1 earnings, supported by loan book expansion, stable asset quality and ...

In an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover...

Kalahridhaan Trendz has been penalized by Sebi with a fine of Rs 1 crore for hiding a loan default and giving deceptive corporate announcem...