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Finance/Fintech

Indian Banks’ Asset Quality Outlook Remains Stable As Unsecured Lending Stress Eases: Goldman Sachs

Indian Banks’ Asset Quality Outlook Remains Stable…

New Delhi, Aug 25 (KNN) Indian banks are likely to maintain stable asset quality, with deleveraging in unsecured lending limiting…

India’s Private Credit Market Poised For Stronger Growth Amid Insolvency Reforms: EY Report

India’s Private Credit Market Poised For Stronger…

New Delhi, Aug 25 (KNN) India’s private credit market is expected to expand further as banks and Non-Banking Financial…

PSBs Face Market Share Loss In Premium Credit Cards, GCCs To Private, Foreign Banks: Report

PSBs Face Market Share Loss In Premium…

New Delhi, Aug 22 (KNN) Public sector banks (PSBs) are losing market share to private and foreign banks in higher-value segments…

Private Capex Faces Headwinds From Demand Uncertainty, Commodity Prices And Cheap Imports: SBI Caps

Private Capex Faces Headwinds From Demand Uncertainty,…

New Delhi, Aug 22 (KNN) Uneven demand, commodity price volatility, geopolitical tensions and competition from cheap imports…

FCNR(B) Facility Closure a ‘Data-Driven’ Calibration, Not U-Turn: RBI Governor

FCNR(B) Facility Closure a ‘Data-Driven’ Calibration, Not…

New Delhi, Aug 21 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra has defended the decision to advance the closure…

DGFT Allows Exporters To Receive Payments In Rupees While Retaining FTP Benefits

DGFT Allows Exporters To Receive Payments In…

New Delhi, Aug 21 (KNN) India has removed a regulatory hurdle to wider rupee use in international trade by allowing exporters…

FM Sitharaman Urges PSBs To Be ‘Cool’, Make Banking Simpler And More Youth-Friendly

FM Sitharaman Urges PSBs To Be ‘Cool’,…

New Delhi, Aug 19 (KNN) Finance Minister Nirmala Sitharaman has urged public sector banks (PSBs) to make their services simpler,…

India’s BoP Surplus Seen At USD 50 Bn In FY27, CAD At 1% Of GDP: SBI Research

India’s BoP Surplus Seen At USD 50…

New Delhi, Aug 19 (KNN) India’s balance of payments (BoP) is expected to record a surplus of around USD 50 billion in…

RBI Directive On Bank Deposit Ratings Creates Compliance Challenge For CRAs

RBI Directive On Bank Deposit Ratings Creates…

New Delhi, Aug 18 (KNN) The Reserve Bank of India (RBI) has asked credit rating agencies (CRAs) not to identify the central…

Finance Ministry Advises Shift From WPI To PPI For Government Procurement Contracts

Finance Ministry Advises Shift From WPI To…

New Delhi, Aug 17 (KNN) The Finance Ministry has advised ministries and departments to adopt the Producer Price Index (PPI)…

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