Aggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...

The Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...

New RBI measures aim to make overseas borrowing cheaper for banks. External commercial borrowing costs may drop by up to 2.50 percent. This...

ESAF Small Finance Bank has achieved a significant milestone. Its total business has now surpassed Rs 50,000 crore. Deposits reached Rs 26,...

Bank loans are seeing a surge. Credit growth reached 17.4 percent by May 31, the highest in almost two years. This rise is driven by compan...

Indian companies are actively raising short-term debt. This surge follows central bank actions that significantly reduced borrowing costs. ...

Asian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...

The Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...

The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...

Rajiv Bajaj is moving on from his role on the board of Bajaj Finserv, a transition that follows his earlier departure from Bajaj Finance. T...

The Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...

Just look at developments in the past 48 hours. The war between Iran and Israel resumed, but within hours Tehran said it had halted all off...

SBI presented a dividend cheque of Rs 8,813 crore for the financial year 2025-26 to Union Finance Minister Nirmala Sitharaman. This payout ...

Managed office provider Smartworks Coworking Spaces has secured a significant deal in Mumbai. A Japanese non-banking financial company's In...

The Reserve Bank of India will soon release an updated list of upper-layer non-banking financial companies. This comes as Tata Sons has req...

The Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...

Banks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...