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Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
Regional curbs dampen microfin revival in South India as biz looks upTamil Nadu saw a 2.3% quarter-on-quarter squeeze in the state's microfinance outstanding portfolio to Rs 38,900 cr at the end of March, whi...
Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisisBanks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industri...
West Asia heat may soon scorch banks' booksIndian banks anticipate asset quality stress from the second quarter due to the West Asia conflict. Rising fuel prices will reduce consumer...
Shalibhadra Finance eyes Rs 500 crore AUM as FY26 profit climbs 22%Shalibhadra Finance is set for major expansion. The company aims to more than double its loan book by FY29. This growth will be fueled by n...
Credit keeps its lead over deposits as gold loans shine brightBank credit is growing faster than deposits. Lending to industries is slowing down due to global uncertainties. Loans against gold jeweller...
Stocks in news: RIL, Coal India, IDFC First Bank, Zydus Life, ONGCMarkets traded subdued with the India VIX correcting nearly 15% this week, though this hasn't significantly impacted benchmark index moveme...
Mythos alert: Banks, telcos take test to check cybersecurity scoreMythos cyber audit: Companies are testing their public-facing assets using existing AI models such as Opus 4.7 and GPT 5.5 and have also as...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIf the US-Iran ceasefire holds, the markets may see some recovery. The movement of crude oil prices and its impact on the markets supports ...
IDFC First Bank receives Rs 514.82 crore insurance payout on microfinance defaults, expects full provision write-backIDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This...
Private banks favoured over PSUs as macro headwinds cloud near-term outlook: Digant HariaMarket expert Digant Haria notes strong corporate earnings but rising macroeconomic uncertainty. Private sector banks appear better positio...
We are ambitious and working to become a top 5 private bank again: Vinay Tonse, MD & CEO, Yes BankYes Bank is embarking on an ambitious journey to enhance its foundational elements—people, processes, products, and technology. With a keen...
HDFC Bank backs Hyderabad luxury housing project with Rs 300 croreHDFC Bank has provided Rs 300 crore in funding for a Rs 2,000 crore ultra-luxury residential project in Hyderabad's Kokapet. This investmen...
PSBs told to draw up plan to boost rural and informal sector lendingGovernment directs state-run banks to identify successful initiatives for wider adoption. The focus will be on lending to unorganised secto...
SBI asks over 52 crore customers to use alternate mediums to transact as staff call two-day strikeSBI customers are urged to use ATMs, customer service points, and online services like YONO and UPI. A two-day staff strike is planned for ...
Govt's credit guarantee to reduce MSME bad loan risks for banksThe government's Emergency Credit Line Guarantee Scheme 5.0 is set to bolster micro, small, and medium enterprises. Experts believe this in...
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
In volatile times: 5 stocks with score improvement and upside potential of up to 24%There are reasons to expect more volatility in the short term. The Street will adjust to the likely decline of both the top and bottom line...
Credit at the tap: The opportunities and risks of India’s digital lending boomIndia's digital lending is rapidly transforming credit access, with mobile apps now disbursing significant loan volumes, especially to youn...
Gold loans power Small Finance Banks' growth as microfinance asset quality weakensSmall Finance Banks are shifting focus to secured loans like gold loans. This move aims to stabilize their financial health and earnings. T...