Fintech NBFCs in India face tighter funding conditions and regulatory warnings, prompting them to reassess business models and moderate loan disbursements.
Time for fintech NBFCs to revisit business models, says India Ratings Read More »
Bajaj Housing Finance’s IPO is oversubscribed 55.25 times, aiming to raise Rs 6,560 crore with a price band of Rs 66-70.
Bajaj Housing Finance IPO Oversubscribed by 55 Times on Day 3 Read More »
The government plans to boost credit guarantees for MSMEs by Rs 5 lakh crore, bridging the formalization gap to 5 crore units.
The GST Council, led by Union Finance Minister Nirmala Sitharaman, to discuss insurance taxation, rate rationalisation, online gaming, and more.
GST Council Meeting: Insurance Tax, Rate Changes, Online Gaming Report Read More »
The GST Council will meet to discuss reducing tax on health insurance, facing resistance from states due to revenue concerns.
Health Insurance GST: Indian States May Be Hindering Significant Tax Relief Read More »
India’s MSME loan portfolio grew to Rs 64.1 lakh crore by March 2024, with significant growth in loans to individuals and entities.
India’s MSME Loan Portfolio Sees 17% Growth: Report Read More »
Indian NBFCs’ education loan AUM to exceed ₹60,000 crore this fiscal driven by overseas demand. Strong asset quality.
NBFCs expect 45% growth in education loans in FY25, outpacing banks in asset quality Read More »
MSME credit by banks grew 15% to Rs 25.1 lakh crore in July. RBI plans unified digital platform for smoother lending.
Banks Allocate Rs 25 Lakh Crore to Priority Lending for MSMEs in July: RBI Data Read More »
The Reserve Bank of India is set to launch the Unified Lending Interface (ULI) to revolutionize lending, providing faster and easier access to credit nationwide.
Soon, Loan Processing for MSMEs and Others Will Be Faster and Simpler : Here’s How Read More »
The U.S. expresses concerns about linking domestic fast payment systems like India’s UPI for global transactions, citing potential tradeoffs.
India’s plan to link fast payments like UPI draws cautious response from Fed Read More »
