Indian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...

Aakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement t...

India's state-backed bad bank, NARCL, is set to broaden its acquisition strategy, moving beyond government-guaranteed deals. This expansion...

According to the CBI, the two former executives are accused of causing a combined wrongful loss of Rs 7,623 crore to public sector banks. I...

Microfinance borrowers' repayment behavior may face challenges from inflation and reduced household cash, though the West Asia conflict has...

Lenders are concerned about the ripple effects of the West Asia conflict, which has disrupted supply chains and increased input costs for b...

Indian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...

The sector regulator has recalled refinancing support worth nearly Rs 500 crore —a punitive action that has set off a sweeping leadership o...

The Reserve Bank has revamped the Kisan Credit Card (KCC) Scheme, standardizing crop season definitions for uniform loan sanctions and repa...

This is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...

Home loan insurance is emerging as an important financial safeguard for Indian homebuyers, helping families manage outstanding loan liabili...

Credit access for bottom-of-the-pyramid borrowers in India has slowed as microfinance lenders turn cautious after two years of asset qualit...

Adani Green Energy is planning to secure a significant offshore loan of up to $1 billion. This marks the company's first international borr...

Prudent ARC has become the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore. This marks ...

The government is collaborating with banks to create a system for sharing borrower asset information. This aims to speed up the recovery of...

In one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...

The Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...