Economic Times
The Delhi High Court has sought responses from the RBI and SEBI regarding unethical lending practices by Paisalo Digital. Mukesh Arya's plea alleges v
L&T Finance Holdings Ltd has signed pact with JICA and Asia Development Bank for $125 million to fund marginal farmers, women entrepreneurs, women bor
The National Payments Corp of India (NPCI) is expected to grant a third-party application provider license to Paytm, also known as One 97 Communicatio
Health Minister Mansukh Mandaviya announced a credit assistance scheme by SIDBI to strengthen and expand Jan Aushadi Kendra network. Loan without coll
Non-banking finance company Muthoot FinCorp has partnered with Veefin Solutions Ltd to launch supply chain finance operations in India. Muthoot FinCor
Anuj Bansal will be responsible for overall financial strategy, including corporate financial planning, budgeting, supply chain and treasury managemen
The dominance of PhonePe and Google Pay in the UPI market has sparked discussions about introducing fees on merchant transactions. Fintech companies a
Credit cards with cashback rewards are popular among consumers. HSBC Cashback Credit Card offers 10% cashback on dining and grocery purchases, with ai
The concern comes amid a 17% rise in gold loans on a year-on-year basis and a 16.6% rally in the yellow metal's prices. Loans against gold jewellery s
It's unclear why the information was sought, but the Income Tax (I-T) department has directed these offshore funds to disclose the identities of the l
Indian Banks' Association and bank employee unions agreed on a 17% annual wage hike, costing public sector banks an additional Rs 8,284 crore yearly.
Credit bureau CRIF Highmark reports that women have borrowed at a faster pace than men in 2023, with the portfolio outstanding of women borrowers grow
Finance companies are expected to moderate loan disbursals following the banking regulator's recent restrictions on high-margin but potentially risky
The National Asset Reconstruction Company of India (NARCL) has been the winning bidder for six distressed accounts with outstanding debt of over ₹17
After discussions with all stakeholders, it was pointed out that procedural delays were the primary reason behind the lower exposure of public sector
The government has asked banks to compile a list of stalled projects under the SWAMIH fund to speed up their completion. Procedural delays and feasibi
Bank of Baroda offers special benefits for women account holders on International Women's Day, including interest rate concessions on loans and proces
NIMs will decline marginally as banks reprice maturing deposits at higher rates to fully reflect previous increases in interest rates. A slowdown of g
“The applicant (Sankaran) shall not tamper with the evidence or attempt to influence or contact any of the witnesses or persons concerned with this
“Elara Capital will extensively benefit from Manoj’s extensive business and leadership skills to help strengthen our business focus. His guidance
