In Kolkata, NBFCs have surpassed banks in deposit growth, attracting savers with higher interest rates and reshaping the financial landscape.
NBFCs see a 21% deposit growth in FY24, surpassing banks. Read More »
The latest FICCI-IBA Bankers’ Survey predicts a rise in MSME NPAs, highlighting the need for improved lending strategies.
Survey Predicts Rise in MSME NPA Levels Over the Next 6 Months 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 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 »
TransBnk, a fintech company, raised $4M in funding to expand networks, enter new markets, and enhance tech infrastructure.
Fintech Company TransBnk Secures $4 Million in Series A Funding for Banking Solutions Read More »
Recordent’s survey on B2B payment trends reveals cities with concerning payment behavior, emphasizing the challenges faced by Indian businesses.
52% of MSME B2B payments in major Indian cities are overdue for more than 90 days Read More »
Public Sector Banks in India will launch a new internal credit rating system for MSMEs to reduce reliance on costly external ratings.
PSBs to launch MSME credit rating, reducing reliance on external ratings Read More »
YES BANK prioritizes MSME lending, aligning with government schemes and offering digital solutions. They focus on green financing and AI integration.
YES BANK’s Rajan Pental: Lending to SMEs and mid-corporates is a ‘strategic priority’ Read More »
RBI maintains repo rate at 6.5% for the 9th time, keeping home loan interest rates stable. MPC may shift stance in October.
RBI Maintains Repo Rate: Home Loan EMIs Remain Unchanged Read More »
Adani One, Adani Group’s ‘super app’, offers loans through digital lending firms, expands services beyond travel with 30M users.
