Reporter
Reporter
Tata Capital enters gold loan business with ₹318 crore Yogloans acquisition
Tata Capital will acquire an 88.6 per cent stake in Kerala-based Yogloans, marking its entry into the gold loan business and expanding its retail lending portfolio
The telecom regulator said designated 1600 and 140 number series used for banking, financial and government communications cannot be tagged, blocked or filtered by apps
L&T Finance reported a 31 per cent rise in Q1FY27 profit as strong retail loan growth, better asset quality and lower borrowing costs supported its performance
NBFCs are hiring treasury specialists in money market operations and liquidity management as the RBI's proposal to widen access to the term money market reshapes funding strategies
India should shift its financial inclusion agenda from expanding access to improving household financial health, as wider account ownership alone has not improved resilience, says a report
State Bank of India has proposed granting priority sector status to all infrastructure loans or excluding them from ANBC calculations to encourage higher infrastructure investment
The rupee rose 0.46 per cent against the US dollar on Tuesday, supported by sustained debt inflows, easing demand from oil companies and a weaker greenback
NBFCs accounted for over 98% of securitisation issuances in April-June 2026, with gold loans emerging as the largest asset class amid robust investor demand and healthy retail credit growth
Business-purpose loans to individual entrepreneurs grew faster than credit to commercial entities between 2023 and 2026, signalling a shift in MSME financing, says TransUnion CIBIL
Treasury executives expect the RBI's proposal to allow NBFCs into the term money market to deepen liquidity, boost trading volumes and modestly reduce funding costs for top-rated borrowers
Rating agency says diversification into gold, MSME and property-backed loans, along with a recovery in microfinance disbursements, will drive growth this fiscal
NBFC revises fixed deposit rates across select tenures from July 2 while retaining additional benefits for senior citizens, women and renewal customers
RBI said gold loans have become the fastest-growing retail loan segment, with rising gold prices driving disbursements while improving lenders' collateral buffers
Rupee sees strongest monthly rise since West Asia war started
NBFCs and HFCs seeking to surrender their Certificate of Registration must submit revised applications through the PRAVAAH portal under the updated regulatory framework
Former Jammu & Kashmir Bank chief joins the SBI Group brokerage on deputation and will focus on technology, customer experience and long-term growth
Former HDFC chairman Deepak Parekh says India must pursue fresh banking reforms, deepen debt markets and broaden capital sources to finance long-term economic growth
CRIF High Mark data showed the microfinance industry's loan portfolio expanded in May as delinquencies eased further, while fresh loan disbursements remained broadly stable
The draft framework requires regulated entities to establish board-approved model risk management systems covering all models, including AI and machine learning applications