Indian Bank's Managing Director Binod Kumar commits to accelerating Jharkhand's economic development through enhanced banking services, digital transformation, and robust credit support for key sectors.
State Bank of India upgrades credit growth outlook as tax relief and potential rate cuts create perfect storm for consumer spending explosion. Get exclusive insights.
Fugitive businessman Vijay Mallya files fresh petition requesting banks to halt interest accumulation on already recovered loans in ongoing financial battle.
In a major setback for the Maharashtra government, the Reserve Bank of India has rejected the licence application for the state's proposed asset reconstruction company, dealing a blow to efforts aimed at tackling the massive ₹1 lakh crore stressed loans.
Bajaj Finance reports massive 27% growth in festive loan disbursements following GST reduction on consumer goods. Discover how tax cuts are driving consumer spending this festive season.
No-income verification mortgages, notorious for their role in the 2008 financial crisis, are experiencing a dramatic resurgence in the US housing market. Discover why lenders are returning to these dangerous loans and what it means for today's economy.
India's microfinance industry is witnessing early recovery signs with falling bad loans, but challenges persist in collections and borrower stress. Read the complete analysis.
In a landmark move to boost India's ease of business, the government has approved a mechanism protecting environment clearances during NCLT-led insolvency, preventing stressed projects from restarting approval processes.
Union Finance Minister Nirmala Sitharaman announces massive capital investment push for states through Special Assistance to States for Capital Investment scheme. Discover how ₹1.3 lakh crore in 50-year interest-free loans will transform infrastructure de
Maratha quota activist Manoj Jarange slams Maharashtra CM's loan waiver announcement as an empty promise, demanding immediate action for struggling farmers ahead of crucial elections.
Latest RBI data reveals significant slowdown in bank lending to industry and personal loans, while NBFC funding also shows deceleration in September credit trends.
Former President Donald Trump proposes controversial new rule linking student loan forgiveness to immigration status and transgender participation in sports, sparking nationwide debate.
Discover why Indian borrowers are increasingly choosing Hero Digital Lending for instant personal loans with minimal documentation and rapid disbursal.
Maharashtra Deputy CM Devendra Fadnavis rules out immediate farm loan waiver while CM Uddhav Thackeray offers dialogue with Bacchu Kadu amid growing farmer protests.
Former MLA Bacchu Kadu gives Maharashtra government until Wednesday noon to decide on farmers' loan waiver demands. Political tensions rise as thousands of farmers await relief.
Discover innovative strategies to unlock the hidden value of your unused gold jewellery and investments. Learn how gold loans, sovereign bonds, and digital platforms can transform your dormant assets into active income streams.
Discover innovative strategies to monetize your unused gold jewelry and coins lying idle in lockers or homes. Learn how gold loans, ETFs, and digital gold can generate regular income.
Vietnamese EV giant VinFast partners with YES BANK to offer comprehensive financing solutions, making electric vehicles more accessible to Indian consumers with attractive loan options and seamless processes.
Indian non-banking financial companies are strategically selling unsecured loan portfolios to banks and other investors amid regulatory scrutiny and rising risk concerns. Discover how this trend is reshaping lending practices.
Discover how Bajaj Markets is transforming two-wheeler financing in India with digital-first, low-interest bike loans that make ownership dreams a reality.
India's growing addiction to EMI-based shopping is pushing countless households into financial distress. Discover how easy credit options are creating a generation of debt-ridden consumers.
The Reserve Bank of India's new circular permits banks to fund corporate acquisitions, unlocking massive opportunities for M&A deals and private credit markets in India. Discover how this regulatory shift will reshape corporate financing.
In a significant move to empower street vendors across India, Union Minister Sarbananda Sonowal and Arunachal Pradesh Minister Nyato Dukam collaborate to enhance PM SVANidhi scheme outreach with strategic implementation plans.
In a major boost for Indian startups, DPIIT joins forces with Kotak Mahindra Bank to provide comprehensive financial and non-financial support, fueling innovation and entrepreneurship across the nation.
Gold loan company shares face significant selling pressure as gold prices experience sharp decline from October highs. Muthoot Finance and Manappuram Finance lead the downturn amid market volatility.
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.
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.