Deposits grow faster than loans
The banking sector’s outstanding loans rose 4.8% in the first quarter – from Rs 168.7 lakh crore as of end-March
Read moreThe banking sector’s outstanding loans rose 4.8% in the first quarter – from Rs 168.7 lakh crore as of end-March
Read moreSBI has sanctioned around 20,000 loans of Rs 10 lakh to Rs 50 lakh for small businesses as part of
Read moreMahindra& Mahindra Financial Services (Mahindra Finance) said it has detected Rs 150 crore-fraud involving forgery of Know Your Customer (KYC)
Read moreSmall business loans under the Pradhan Mantri Mudra Yojana (PMMY) witnessed record growth in disbursals in FY24 and also crossed
Read moreThe National Bank for Financing Infrastructure and Development (Nabfid) has taken derivatives cover for more than Rs 10,000 crore to
Read moreThe RBI will enact new rules that forbid lending to organisations with sway over lending institutions in an effort to
Read moreIn the Financial Year 2022–2023 (FY23), the microfinance industry gave loans totallingRs 3.48 trillion to 660 million customers, according to
Read moreThe Small Industries Development Bank of India aims to grow its assets by a quarter by accelerating its lending in
Read morePaytm said it disbursed $667 million (Rs.5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments
Read moreUnder a new framework that high-street banks agreed recently, lenders will have to ensure that the decision to auction loans
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