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Stress in MFIs, MSME space should stabilise in coming months: Experts

NBFCs can assess a customer differently and provide a credit solution that differentiates them from banking (companies)

Demand for affordable housing strong despite supply challenges: Experts

In India, today, 95 per cent of housing loan requirements come from economically weaker sections (EWS) and low-income groups (LIG) who can't afford a house

Gift City gains traction as more entities explore redomicile opportunities

GIFT City started with the concept that we could pull an international financial centre in India

Fear mainly results in cyber frauds: State Bank of India's Nitin Chugh

Small-value frauds are the traditional phishing-based scams where people willingly give away their credentials or an account takeover

RBI action on unsecured lending warranted: Jio Financial chairman Kamath

"I think there is some sort of abuse of technology that is happening (by loan apps) and as a result, there is laxity in the whole process of lending"

India remains a strategically important country for foreign banks: CEOs

India's growth requires foreign capital, which can come via FDI and supply chain diversification

Customer protection, value-added services to drive biz growth: C S Setty

"Annually, 12 million people prefer opening their savings accounts with us. That is not possible if your customer service is poor"

Bajaj Finserv Q3FY25 results: Net profit rises 3% to Rs 2,231 crore

Its consolidated total income rose by 10 per cent to Rs 32,042 crore in the reporting quarter (Q3FY25), from Rs 29,038 crore in the year-ago period

Centre forms panels to design social security model for unorganised workers

The decision was taken as the two-day labour ministers' conference with all states and Union Territories (UTs) concluded in the national capital on Thursday

Adani Power Q3FY25 results: Net profit rises 12% to Rs 3,057 crore

Board approves fund-raising plans of Rs 5000 crore through equity sale, enhances NCD limit to Rs 11000 crore

RBI's digital payments index rises to 465.33 as of September 2024

"The increase in the RBI-DPI index was driven by growth in payment infrastructure and payment performance across the country over the period," the central bank said in a statement

Infosys to accelerate digital learning of tech firm Siemens AC with GenAI

As part of the collaboration, Siemens' My Learning World, a digital learning platform accessible anytime, anywhere, will leverage Infosys Topaz

Union Budget 2025-26: Key challenges in power infrastructure outlined

The Budget presents a unique opportunity to revisit some of the key modernisation programmes, said Shardul S Fadnavis, Partner & Utility transformation leader, PwC India

Union Bank's credit to grow at lower end of guidance band: MD & CEO

RBI's liquidity infusion to reduce fund costs

CSB Bank Q3FY25 results: Net profit flat at Rs 152 crore, NII dips 2%

Its net interest margin stood at 4.11 per cent in Q3FY25

Adani Total Gas Q3 results: Net profit falls 19% on lower gas allocation

For the quarter under review, the company reported a net profit of Rs 142.4 crore, despite an 11.9 per cent rise in net sales to Rs 1,294.5 crore

360 One WAM to acquire brokerage house B-K Securities for Rs 1,884 cr

360 One reported a net profit of Rs 276 crore for the third quarter of FY25, registering a 44 per cent year-on-year increase

Auto parts firm Sundram Fasteners Q3 net profit flat at Rs 131 crore

The company's consolidated revenue from operations for the quarter ended December 31, 2024, stood at Rs 1,441.12 crore

CIBIL flags risks of stress spreading from unsecured to secured loans

Rising delinquencies in consumption-led loans come amid credit slowdown

Dorf-Ketal files for Rs 5,000 crore IPO; Navi Finserv raises Rs 1,200 crore

The initial public offering (IPO) comprises a fresh fundraise worth Rs 1,500 crore and a secondary share sale of Rs 3,500 crore