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Finance/Fintech

SIDBI, RRBs Explore Expansion of MSME Co-Lending to Boost Rural Credit Access

SIDBI, RRBs Explore Expansion of MSME Co-Lending…

New Delhi, Aug 26 (KNN) The Small Industries Development Bank of India (SIDBI) has held a conclave with heads of Regional Rural…

IBC Recoveries Rise To 28.6% In Q1FY27, But Creditors Face 71.4% Haircut: Report

IBC Recoveries Rise To 28.6% In Q1FY27,…

New Delhi, Aug 26 (KNN) Recoveries under the Insolvency and Bankruptcy Code (IBC) improved sequentially in Q1FY27, with financial…

RBI’s USD-INR Swap Facility Mobilises USD 73 Billion in Forex Inflows

RBI’s USD-INR Swap Facility Mobilises USD 73…

New Delhi, Aug 25 (KNN) The Reserve Bank of India’s special USD-INR swap facility has mobilised USD 73 billion in foreign…

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,…

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