Page 107 - Finance News

Trump effect: Banks consider reviewing policies for US study loans

Among the measures, look at rigorous background checks on institutions and visa scrutiny

Raising money as important as managing debt: FM Nirmala Sitharaman

FM says, when it comes to finances of the country there can be no politics

RBI tells banks to continue joint account for surviving spouse's pension

Spouse entitled for family pension must be survivor

RBI strengthening financial system amid challenges: Governor Malhotra

Central bank's role has expanded significantly beyond initial mandate, he says

MFI loans down 41.7% to 11.9 million in Dec quarter, NPAs zoom: Report

The amount disbursed to the borrowers who come from the poor and marginalized communities declined 34.9 per cent to Rs 63,440 crore as against Rs 97,400 crore in the year-ago period

GST collections rise 9.9% to exceed Rs 1.96 trillion in March 2025

GST revenue from domestic transactions rose 8.8 per cent to Rs 1.49 lakh crore, while revenue from imported goods was higher 13.56 per cent to Rs 46,919 crore

Capital expenditure not cut, rises to Rs 11.21 trn for FY26: Sitharaman

Loans to states under the scheme for interest-free 50-year special assistance for capital expenditure has gone up proportionately

NPCI attributes fin year-end processing load for UPI transaction failures

In March, the UPI network recorded more than 591 million average daily transactions

RBI is architect of India's financial transformation: President Murmu

Central bank has ensured financial system's resilience in 'face of any adverse international trends'

RBI to work with govt for 'Goldilocks conditions', says Guv Sanjay Malhotra

The RBI shall continue to be supportive to manage excessive volatility without targeting any particular level or band of exchange rate, said Malhotra

Banks, financial institutions raise Rs 1.17 trillion via CDs in two weeks

This period saw IndusInd Bank aggressively tapping the CD market with its liquidity coverage ratio declining after its disclosure of discrepancies in its derivatives portfolio

IndusInd Bank fiasco prompts large state-run banks to tap CD market

Market sources indicated that the fiasco at IndusInd Bank may have prompted large state-owned banks to tap the CD market to raise funds for investing in IndusInd Bank's CDs

Ireda reports 27% rise in loan sanctions in FY25 to Rs 47,453 crore

Loan disbursements rose 20 per cent to Rs 30,168 crore from Rs 25,089 crore in 2023-24, as per the provisional data shared by the company

Arya.ag NBFC arm does Rs 2,000 crore commodity financing in FY25

"Most of the NBFCs working on our space do a commodity finance of around Rs 1000 crore maximum, but we are among the first to have reached this milestone," said Anand Chandra, co-promoter of Arya.ag

Chicken burger on EMIs? Buy now, pay later signals a global debt crisis

From Malaysia's chicken burgers on credit to the US' DoorDash EMIs, Buy Now, Pay Later is creeping into daily essentials, raising alarms over rising household debt and a worsening global cash crunch

New financial year set to bring key tax, pension, and MSME reforms

The new income tax slabs under the new tax regime have been modified to increase the basic exemption limit from ₹3 lakh to ₹4 lakh

Credit card spends at 7-month low in Feb amid stress in unsecured loans

Number of outstanding credit cards stood at 109.31 mn, up from 108.87 mn at the end of January

Companies raise record Rs 1.33 trn through QIPs in FY25 amid market boom

Corporate India has raised Rs 1,33,251 crore in FY25, marking an 87 per cent increase from Rs 71,306 crore garnered in FY24, according to data compiled by Prime Database

Shriram Finance targets to cross Rs 3 trillion in assets in FY26

Apart from the MSME financing, the focus would be on green financing including electric vehicles

Panel on non-financial regulatory reforms to begin work soon: Finance secy

Finance Minister Nirmala Sitharaman in her Budget speech last month had announced creation of a high-level committee for regulatory reforms for a review of all non-financial sector regulations