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

Housing and Urban Development Corporation Ltd expects its loan book to exceed two lakh crore rupees. The company plans to borrow seventy-fi...

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

Ministry officials defended the Research, Development and Innovation Fund selection process. They stated that conflict of interest guidelin...

The Kochi-based microfinance company received sanction letters from overseas investors in January and it has time till September to draw do...

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...

Shares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively ba...

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

In a recent announcement, the Reserve Bank of India has introduced fresh regulations for non-banking financial companies. Moving forward, N...

Muthoot Microfin reported a more than 13-fold rise in Q1 net profit to Rs 81 crore, driven by 49% higher loan disbursements, lower credit c...

The Gurugram-based company’s net profit for the quarter jumped 92% year-on-year (YoY) to Rs 163 crore as operating margins recorded signifi...

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

The government has approved ₹4,687 crore in interest subsidies for eligible ethanol projects. This support covers interest subvention for n...

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

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

The government plans a nationwide push to expand education lending significantly. Faster approvals and campus outreach will improve student...