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6 mins read

Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…

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2 mins read

Stock market ends lower on Monday; Investors eye Hyundai listing and RBI minutes

Bajaj Auto, HDFC Bank, Asian Paints, Mahindra & Mahindra (M&M), and Eicher Motors emerged as the to…

ANI   


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2 mins read

Nifty, Sensex continue to open flat amid FII sell-off and weak Q2 earning projections

The Nifty 50 and BSE Sensex saw marginal gains, while gains in Nifty FMCG provided some relief.

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2 mins read

Fintech expert shares 5 ways AI can help detect deepfakes in eKYC systems

The recent PayTM saga exposed how financial institutions are finding it increasingly difficult to m…

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2 mins read

Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan

Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…

PTI   


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3 mins read

All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank

​​China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…

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2 mins read

Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley

Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…

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2 mins read

Sensex, Nifty close lower amid massive selling in heavyweight stocks, mixed global cues

Mumbai's Sensex and Nifty indices fell for the sixth consecutive session, influenced by significant…

PTI   


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2 mins read

Sensex, Nifty draw back from lifetime highs on profit taking; HDFC Bank, ICICI major drag

The NSE Nifty dipped 37.10 points or 0.14 per cent to 26,178.95 after rising 61.3 points or 0.23 pe…

PTI   


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2 mins read

RBI penalizes five banks, including PNB, for regulatory non-compliance in first week of July

The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in …

ANI   


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2 mins read

Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report

Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…

PTI   


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2 mins read

RBI imposes penalties on three housing finance companies for non-compliance with directions

The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…

ANI   


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2 mins read

Gen AI to unlock a "mammoth incremental opportunity" for Indian IT services: Report

The generative AI provides more opportunity to the Indian IT sector contrary to the believe of bein…

ANI   


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2 mins read

Canada ends popular student program, Indian students to face prolonged visa processing time

The Canadian government has ended the Student Direct Stream (SDS) program for international student…

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2 mins read

NSE, BSE advise investors against dealing with entities assuring unreal returns

The joint advisory accused those entities of showcasing fake certificates purportedly issued by SEB…

ANI   


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2 mins read

"He collected our passbooks in September": Odisha postmaster allegedly siphons Rs 50 lakh from depositors

A postmaster in Odisha's Jajpur district has disappeared after allegedly stealing around Rs 50 lakh…

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2 mins read

Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global

Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…

ANI   


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1 min read

TVS Credit posts 33.43% rise in Q4 PAT at ₹148.29 crore

The standalone total revenue from operations grew to Rs 1,517.50 crore, from Rs 1,234.60 crore…

PTI   


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2 mins read

52.81 crore Jan-Dhan accounts have deposited balance of over Rs. 2.3 lakh crore: Minister of State for Finance

About 35.15 crores or 66.6 per cent of PMJDY accounts have been opened in rural and semi-urban area…

ANI   


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6 mins read

Opinion: Driving India's Freight Revolution—Here's how the path to zero-emission trucking in the country looks like

India takes a big step towards green transport with the PM E-DRIVE scheme. The scheme supports the …