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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…
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
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.
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…
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
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…
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…
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
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
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
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
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
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
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…
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
"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…
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
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
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
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 …