PrimaLend's shocking bankruptcy filing exposes deepening stress among subprime borrowers in India. Discover how this collapse could trigger wider financial tremors and what it means for the lending industry.
Maharashtra-based NBFC Berar Finance raises significant funding to expand two-wheeler and MSME loan services across underserved rural communities, bridging the financial inclusion gap.
Indian banks are witnessing a robust surge in corporate credit demand across manufacturing, infrastructure, and services sectors, signaling strong economic momentum and industrial expansion.
RBI's Financial Stability Report reveals alarming parallels between India's NBFC sector and the US subprime auto loan crisis. Discover the regulatory gaps and systemic risks threatening India's financial ecosystem.
WTO applauds India's remarkable MSME export growth and AEO scheme implementation. Discover how India is transforming trade facilitation and setting new global standards.
In a landmark move, the Biden administration announces sweeping student loan forgiveness affecting millions of American borrowers. Discover who qualifies and how much debt will be cancelled.
Indian Renewable Energy Development Agency reports stellar Q2 performance with 54% profit surge and significant reduction in bad loans, signaling strong growth in renewable energy financing.
Despite the government shutdown, student loan payments haven't paused. Discover what borrowers can and cannot do during this financial uncertainty in India.
Commerce Minister Piyush Goyal reveals positive momentum in India-US trade negotiations, emphasizing protection of farmer and small business interests while fostering bilateral economic cooperation.