Missing a single loan EMI doesn't lead to immediate bank intervention; instead, lenders often issue reminder calls and formal notices first...

The Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) m...

The SEC has brought settled fraud charges against Adit Ventures Management, its founder Eric Munson and three partners over alleged miscond...

The SEC alleged that the investment adviser had used "false claims and promises" to solicit investments in Adit-managed funds and used clie...

The Securities and Exchange Board of India (Sebi) has concluded adjudication proceedings against Raghav Raj Kanoria, managing director of I...

The Enforcement Directorate has launched a probe into alleged fraud involving bank officials, including a former deputy vice president and ...

Nazara 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...

Nazara Technologies reported a revenue decline and net loss for the June quarter. The company announced founder Nitish Mittersain will step...

India’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 (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 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 recorded a 37% surge in Q1 net profit to Rs 796 crore, driven by robust loan growth and improved asset quality. Gross...

CSB Bank reported a twenty-seven percent year-on-year net profit increase for the June quarter. Lower provisions and improved net interest ...

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 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 will suspend services from July 17 to July 22. This temporary closure is for migrating to the Finac...

Jana 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...