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Finance/Fintech

Liquidity Crunch Threatens Recovery of India’s Microfinance Sector

Liquidity Crunch Threatens Recovery of India’s Microfinance…

New Delhi, Oct 8 (KNN) The Indian microfinance sector is facing a critical turning point, as improved credit discipline is…

FIDC Recognised As Self-Regulatory Organisation To Oversee NBFCs

FIDC Recognised As Self-Regulatory Organisation To Oversee…

New Delhi, Oct 6 (KNN) The Reserve Bank of India (RBI) has officially recognised the Finance Industry Development Council (FIDC)…

RBI Eases Lending Norms For Gold-Using Manufacturers, Revises Loan & Capital Guidelines

RBI Eases Lending Norms For Gold-Using Manufacturers,…

New Delhi, Sep 30 (KNN) The Reserve Bank of India (RBI) has expanded the scope of lending against gold, permitting banks to…

SMFG India Credit Partners With PhonePe To Offer Collateral-Free Loans To Small Merchants

SMFG India Credit Partners With PhonePe To…

New Delhi, Sep 17 (KNN) SMFG India Credit (SMICC), a non-banking financial company (NBFC), has announced a partnership with…

International Financial Services Centre At GIFT City India’s Global Financial Hub: FM

International Financial Services Centre At GIFT City…

New Delhi, Sep 16 (KNN) Finance Minister Nirmala Sitharaman on Monday underscored the role of GIFT City International Financial…

India Targets Two Public Sector Banks to be in Global Top 20 by 2047

India Targets Two Public Sector Banks to…

New Delhi, Sep 13 (KNN) As part of its Viksit Bharat 2047 vision, India is setting an ambitious target to position…

Bank & NBFC Credit To Grow In Double Digit: ICRA

Bank & NBFC Credit To Grow In…

New Delhi, Sep 11 (KNN) Indian banks are expected to record credit growth of Rs 19–20.5 trillion in FY26, translating…

ICICI Bank launches a dedicated branch for startups in Bengaluru

ICICI Bank launches a dedicated branch for…

New Delhi, Sep 4 (KNN) Aimed at empowering India’s growing startup ecosystem, ICICI Bank today announced the launch of…

PM SVANidhi Scheme Empowers Small Traders: Sonowal

PM SVANidhi Scheme Empowers Small Traders: Sonowal

Dibrugarh, Sep 1 (KNN) PM SVANidhi scheme with loans ranging from Rs. 10,000 to Rs. 50,000 with 7% interest subsidy scheme…

IBA Preparing Proposal For RBI To Allow Banks To Finance Mergers & Acquisitions: SBI Chairman

IBA Preparing Proposal For RBI To Allow…

New Delhi, Aug 26 (KNN) State Bank of India (SBI) Chairman Challa Sreenivasulu Setty on Monday said the Indian Banks’…

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