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Consumption loans take a breather in July-September 2023 period, even as delinquencies rise

India’s retail loan growth moderated in the second quarter of FY24, especially in consumption-led s…

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2 mins read

Credit cards, personal loans & more – India’s youngest adults lead in credit inquiries

As India’s youngest adults are going for credit cards, consumer durable loans and personal loans – …

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1 min read

Cibil ropes in HDFC Bank's Rajesh Kumar as MD, CEO

Prior to joining Cibil, Kumar was the group head for retail credit and risk at HDFC Bank. With two…

PTI   


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Air travel to become cheap with government plans to cap airfares

A proposal under consideration by civil aviation ministry will allow airlines to bid for the righ…

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Govt steps have boosted toy exports from India, but more work still needed: DPIIT Secretary

Government measures such as mandatory quality control orders and increasing customs duty have helpe…

PTI   


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Modi's election surprise raises questions about India for USA Inc

Narendra Modi's reduced majority may make it tougher for his government to push through reforms and…

George Glover   


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Modi claims a historic 3rd term but he'll have to rely on allies

Modi's Bharatiya Janata Party failed to secure an overall majority of its own. His party is now sc…

Matthew Loh,Tom Porter   


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Retail credit continues to boom, but delinquencies need better monitoring, says TransUnion CIBIL

​​India's retail credit market has continued to experience sustained growth in the second quarter o…

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4 mins read

FDI inflows likely to rise in 2024 as India remains 'preferred investment destination

​​​Foreign direct investments into India is likely to gather momentum in 2024 as healthy macroecono…

PTI   


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1 min read

Not banks, petrol bunks see a flood of ₹2,000 notes with customers seeking 'change'

Before the announcement of withdrawal of Rs 2,000 banknotes, petrol pump owners in Punjab used to r…

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India Pharma & India Medical Device 2023 places India as leading international healthcare hub

The two-day conference witnessed the launch of National Medical Device Policy along with the lau…

PTI   


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ITC Hotels signs Welcomhotel Jabalpur

ITC Hotels announced the signing of a Welcomhotel in Jabalpur under a management contract with A.R.…

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4 mins read

MSMEs on a growth path with rise in credit demand, fall in delinquency rates: CIBIL-SIDBI report

Credit demand grew at 1.29 times YoY in the quarter ending September 2022. MSME lending continues …

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5 mins read

Strong tremors jolt Delhi-NCR, other parts of north India; no immediate loss of life or property reported

Strong tremors jolted large swathes of north India, including Delhi-NCR, on Tuesday night as an ea…

PTI   


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Bank unions call for forensic audit of UTI AMC's ₹2,000 crore exposure in DHFL

The staffers' groups are: the Mumbai-based All India UTI-AMC Officers' Association (AIUTI-AMCOA)…

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1 min read

Uttarakhand Elections 2022: BJP takes comfortable lead with 33 seats, according to early trends

The ruling BJP was ahead of the Congress in Uttarakhand with its party candidates leading in 33 sea…

PTI   


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Over 500 tortoises were recovered from a vehicle during a checking in UP

Amethi (UP), Aug 13 () Over 500 tortoises were recovered from a vehicle during a checking near Kadu…

PTI   


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NDA supporters confident of forming government under Nitish

With every passing minute, JDU and BJP supporters are making claims of being confident of forming a…

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69-yr-old COVID-19 patient with co-morbidity dies in Punjab; death toll reaches 6

"She was a heart patient and had high blood pressure and sugar. She had earlier tested positive fo…

PTI