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84% of Indian small businesses anticipate robust growth in 2024: CPA Australia survey
A recent Certified Practising Accountant (CPA) Australia survey has revealed an overwhelming optimi…
ANI
Paytm to focus on big ticket loans to low-risk credit-worthy customers
India's leading payments and financial services distribution company Paytm has announced its expans…
ANI
RBI initiates transition plan: Small finance banks to ascend to universal banking status
According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eli…
ANI
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…
Retail trumps corporate lending as small-ticket loans see fourfold jump in past two years
Personal loans are on the rise. The month of December has seen the category in lending-verse amass …
Jana Small Finance Bank IPO allotment – How to check allotment, GMP, listing date and more
Bengaluru-based Jana Small Finance Bank Limited, a non-banking finance company that provides MSME l…
India’s small digital businesses have a capital problem and this will only grow
Indian digital small and medium sized enterprises (SMEs) are on a growth path but suffer from a wor…
Small business sentiment is the lowest in over a decade as inflation proves sticky
Inflation is the top hurdle for business owners, while the tight labor market has made staffing a c…
Yuheng Zhan
Bank deposits losing attractiveness as govt savings schemes see strong growth
Global brokerage Goldman Sachs has flagged multiple headwinds to deposit growth in Indian banks as …
Speedy, small loan market sees Muthoot Microfin make an entry
The loan amount can range between ₹10,000 to ₹30,000. The entire loan process, including disburseme…
Weak debut: Jana Small Finance Bank lists at 4% discount to IPO price
Jana Small Finance Bank listed with muted gains on Wednesday morning on Dalal Street. The stock l…
Capital Small Finance Bank closes 7% below issue price on market debut
Capital Small Finance Bank’s stock slipped 7% on its debut on Wednesday morning. The stock listed a…
Capital Small Finance Bank IPO to open on Feb 7, sets price band at ₹445-468/sh
The initial public offer of Capital Small Finance Bank will open on February 7 and close on Februar…
Google has removed 2,500 fraudulent loan apps from its Play Store, says FM
The matter is also regularly discussed and monitored in the meetings of the Financial Stability…
PTI
A woman in Brazil was arrested after she seemingly attempted to get a dead body in a wheelchair to sign for a bank loan
The woman insists that the man, who she said was her uncle, was still alive when they entered the b…
Polly Thompson
Chinese syndicates to keep hurting India via loan app scams: Cyber expert
Chinese criminal syndicates and gangs operating digital loan shark scams are expected to further de…
IIFL Finance emerges as second largest gold loan NBFC
The market leader in gold loans is Muthoot Finance with an AUM of Rs 66,089 crore, as of Sept…
PTI
India’s corporates in ‘wait and watch’ mode as consumption loans zoom
Large corporates are still not driving India’s credit growth as private capital expenditure is yet …
RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure
Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…
AU Small Finance Bank Q2 2023-24 profit up 17% to Rs 402 cr
Net interest income of the bank improved to Rs 1,249 crore from Rs 1,083 crore in September 2…