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Finance/Fintech

Heatwave and Elections Lead to Contraction in India's Microfinance Sector

Heatwave and Elections Lead to Contraction in…

New Delhi, Aug 28 (KNN) For the first time in 12 quarters, India's microfinance sector has faced a contraction, with the…

RBI to Introduce Unified Lending Interface to Transform Credit Sector

RBI to Introduce Unified Lending Interface to…

Mumbai, Aug 27 (KNN) The Reserve Bank of India (RBI) is set to launch the Unified Lending Interface (ULI), a new initiative…

RBI Targets Fintech Lenders in Comprehensive Review of Loans Under Rs 50,000

RBI Targets Fintech Lenders in Comprehensive Review…

Mumbai, Jul 29 (KNN) In a move that signals growing regulatory concern over the burgeoning small-ticket loan market, the Reserve…

RBI Introduces New PCA Framework For Urban Co-Operative Banks

RBI Introduces New PCA Framework For Urban…

New Delhi, Jul 27 (KNN) The Reserve Bank of India (RBI) has introduced a new Prompt Corrective Action (PCA) framework…

Banks To Leverage Small Business Digital Footprints For Credit Assessment

Banks To Leverage Small Business Digital Footprints…

New Delhi, Jul 26 (KNN) The Indian government is set to implement a new strategy that leverages digital footprints to assess…

Finance Minister Sitharaman Kickstarts Budget Preparations With 'Halwa' Ceremony

Finance Minister Sitharaman Kickstarts Budget Preparations With…

New Delhi, Jul 17 (KNN) Union Finance Minister Nirmala Sitharaman today took part in the traditional 'halwa' ceremony…

Sitharaman Concludes Pre-Budget Consultations for Union Budget 2024-25, Set for Presentation on July 23

Sitharaman Concludes Pre-Budget Consultations for Union Budget…

New Delhi, Jul 8 (KNN) In a significant development ahead of the much-anticipated Union Budget 2024-25, Finance Minister Nirmala…

New Program ‘SEHER’ Launched to Improve Financial Literacy for Women Entrepreneurs

New Program ‘SEHER’ Launched to Improve Financial…

New Delhi, Jul 6 (KNN) The Women Entrepreneurship Platform (WEP) and TransUnion CIBIL have launched SEHER, a credit education…

RBI Gov Red Flags Shrinking Household Savings & Increased Bank Borrowing By NBFCs

RBI Gov Red Flags Shrinking Household Savings…

Mumbai, Jun 28 (KNN) Reserve Bank of India (RBI) Governor Shaktikanta Das has underscored the critical role of governance in…

Microlenders Urge Rs 500 Cr Fund from Finance Ministry for Equity Support to MFIs

Microlenders Urge Rs 500 Cr Fund from…

New Delhi, Jun 21 (KNN) In a move to bolster the microfinance sector, industry leaders have approached the Finance Ministry…

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