China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...
Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressuresUnion Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, ...
FM Nirmala Sitharaman targets Rahul Gandhi, says India's growth story belies Opposition's doom predictionsResponding to Rahul Gandhi's criticisms, Finance Minister Nirmala Sitharaman confidently proclaimed India as the fastest-growing major econ...
Farm credit demand likely to stay strong in FY27 on higher input costs, agri investments: NABARDAgricultural and rural credit demand is projected to remain strong through 2026-27, driven by rising input costs, expanded Kisan Credit Car...
Default clouds hover over microfinance as industry flags weak monsoonIn the evolving world of India's microfinance sector, fresh credit risks are emerging on the horizon. The dual challenges of an unsteady mo...
Saturday bank holiday: Are banks open or closed today on June 13, 2026?Bank holiday today: Banks across India are closed today, Saturday, June 13, 2026, as it marks the second Saturday of the month. While physi...
Risks cloud hover over microfinanceThe Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...
Tamil Nadu DCCB housing loan up to Rs 10 lakh: Check eligibility, how to apply, documents needed and moreTN DCCB house loan: Tamil Nadu residents can now access housing loans up to Rs 10 lakh. The scheme, offered through District Central Cooper...
3+ cr women-led enterprises registered under Udyam Portal powering growth: FM Nirmala SitharamanWomen are becoming India's growth engine with over 3 crore women-led enterprises registered under Udyam Portal, said FM Nirmala Sitharaman ...
Govt eyes rural credit push via flagship schemes, seeks to expand RRB customer baseThe government is enhancing rural credit by integrating the Grameen Credit Score with the JanSamarth portal for faster loan processing. Reg...
HFCs emerge stronger after FY26 stress, asset quality recovers sharply; sector better placed for FY27: ReportHousing finance companies have emerged stronger after facing challenges. Asset quality has improved significantly. Loan growth is picking u...
FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
Maruti Suzuki announces price protection for small cars booked till June 14Maruti Suzuki India is offering price protection on its small car range until June 14, 2026. This initiative aims to shield entry-level buy...
RBI may need to absorb at least half of hedging cost to spur ECBs by PSUsThe Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps f...
Over 100-year-old cooperative society transforming lives of farmers in PunjabA century-old cooperative in Punjab's Hoshiarpur district is empowering farmers with loans, equipment rentals, and ultra-low-cost biogas. T...
Banks flag bad loans, rising fraud in SHGsBanks are flagging increased fraud and loan defaults within self-help groups. To combat this, lenders are suggesting mandatory unique regis...