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Aditya Birla Capital to enter gold loan market, target 1,000 branchesAditya Birla Capital will enter India’s competitive gold loan market with 200-300 dedicated branches by March 2027, followed by a target of...- Rs 3 crore to Rs 4,925 crore: Sebi order gives details on Dhenu Buildcon market cap surgeSebi’s interim order alleges Dhenu Buildcon routed Rs 1,000 crore through connected entities as loans, later converting Rs 840 crore into e...
- Navi’s FY26 loss widens fourfold on UPI investments; eyes FY27 profitabilityNavi reported a notable increase in net losses for FY26, largely attributed to its strategic investments in UPI and new market initiatives....
- Defaulted on your loan? Here's what banks can legally do and what they can'tMissing a single loan EMI doesn't lead to immediate bank intervention; instead, lenders often issue reminder calls and formal notices first...
- RBI curbs on NBFC flexi credit may push lenders towards bullet loans, raise costs: KotakThe Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) m...
- US Stock Market: Adit Ventures under SEC scrutiny over SpaceX-linked investment dealsThe SEC has brought settled fraud charges against Adit Ventures Management, its founder Eric Munson and three partners over alleged miscond...
- SEC settles charges over SpaceX, Klarna, pre-IPO share fraudThe SEC alleged that the investment adviser had used "false claims and promises" to solicit investments in Adit-managed funds and used clie...
- Sebi settles case against India Power Corp's Raghav Raj Kanoria for Rs 24.7 lakhThe Securities and Exchange Board of India (Sebi) has concluded adjudication proceedings against Raghav Raj Kanoria, managing director of I...
- ED files chargesheet in Kotak Mahindra Bank, Panchkula MC PMLA caseThe Enforcement Directorate has launched a probe into alleged fraud involving bank officials, including a former deputy vice president and ...
- Nazara Tech Q1 Results: Co posts Rs 82.5 crore loss; Nitish Mittersain steps down as CEONazara Technologies reported a net loss of Rs 82.47 crore for the first quarter. Revenue from operations declined 14 percent to Rs 428.77 c...
- Gaming firm Nazara posts Q1 loss; Nitish Mittersain steps down as CEONazara Technologies reported a revenue decline and net loss for the June quarter. The company announced founder Nitish Mittersain will step...
- Formal retail credit access doubles over past decadeIndia’s formal retail credit market has expanded sharply over the past decade, with credit access rising from 35% of consumers in 2017 to 7...
- Gulf Lloyds shares set for market debut today. Here's what GMP suggests ahead of listingGulf Lloyds (India) is set to debut on the BSE SME platform on July 27, with grey market premium (GMP) trends indicating a largely flat lis...
- AU Small Finance Bank Q1 net rises 37% to ₹796 croreAU Small Finance Bank saw net profit rise thirty-seven percent to ₹796 crore. This growth was driven by better asset quality and healthy bu...
- AU Small Finance Bank Q1 net profit jumps 37% to Rs 796 croreAU Small Finance Bank recorded a 37% surge in Q1 net profit to Rs 796 crore, driven by robust loan growth and improved asset quality. Gross...
- CSB Bank Q1 profit jumps 27% YoY to Rs 150 crore as provisions declineCSB Bank reported a twenty-seven percent year-on-year net profit increase for the June quarter. Lower provisions and improved net interest ...
- Rs 91,000 crore wipeout: What spooked HDFC Bank, Axis Bank and Kotak investors even as credit growth picked up?Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as stronger credit growth failed to o...
- Banks seek RBI clarity on collateral-free loans up to Rs 20 lakh for small businessesBanks face challenges extending collateral-free loans up to twenty lakh rupees. Some accounts are not covered by the government guarantee s...
- Himachal Pradesh State Cooperative Bank to suspend digital banking services from July 17-22 for core banking system upgradeHimachal Pradesh State Cooperative Bank will suspend services from July 17 to July 22. This temporary closure is for migrating to the Finac...
- Jana SFB targets 80:20 secured-unsecured loan mix; expects TVS partnership to boost two-wheeler financingJana Small Finance Bank plans to reduce unsecured loans to 22-23% of its portfolio over the next two years from 27%, with a long-term targe...
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