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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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7 mins read

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

India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…

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6 mins read

Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …

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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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4 mins read

China plans to float nuclear reactors in disputed South China Sea; Analysts see it 'risky for environment'

The US military warned that China is moving forward with developing floating nuclear reactors in th…

ANI   


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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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2 mins read

HDFC bank sees muted quarterly business; share drops 4.15% during trade today

Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…

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2 mins read

Banks scramble to repair the damage caused by Crowdstrike IT outage

British banks Santander and Metro Bank said they were impacted by Friday's outage, which affected t…

Jyoti Mann   


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3 mins read

CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report

India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…

ANI   


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4 mins read

Indian smartphone shipments grow 5.6% in Q3 2024, Vivo leads the market

Indian smartphone shipments recorded a growth of 5.6% in Q3 2024, marking the fifth consecutive qua…

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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 …

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2 mins read

Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says

Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…

Filip De Mott   


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3 mins read

Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO

Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…

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4 mins read

Republicans are mobilizing expat votes for Trump in Israel, hoping to tip the scale in battleground states

Republicans in Israel are targeting the country's American expat community—the world's fourth-large…

Joshua Nelken-Zitser   


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3 mins read

Yes Bank stock slips 5% as high provisions drag down its Q4 net profit

Shares of private sector lender Yes Bank slumped nearly 5% on Monday. The bank reported a huge 45…

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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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4 mins read

Yes Bank has more shareholders than debit cards as retail investors continue to buy in

Yes Bank has more shareholders than active debit cards, according to the latest data reported by th…

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3 mins read

Markets extend gains for 5th session; Sensex revisits 74k

Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim…

PTI   


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2 mins read

Kotak Mahindra Bank shares tank 13%; mcap erodes by ₹37,721 crore post RBI action

At the NSE, it tumbled 13 per cent to the 52-week low of Rs 1,602. The company's market ca…

PTI   


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1 min read

Markets decline in early trade; Kotak Mahindra Bank tanks over 12%

Cracking down on repeated non-compliance of IT norms, the RBI on Wednesday barred Kotak Mahin…

PTI