Economic

KVS Manian takes charge as Federal Bank chief

Manian was the Joint Managing Director of Kotak Mahindra Bank Ltd till April 30,...

MFIs may grapple with muted growth, higher stress in FY25

The MFI SRO will meet RBI officials on September 23 to discuss sector updates an...

Credit growth for FY25 likely to expand by at least 11....

In the last 12- years, the average nominal GDP growth stood at 11.1 per cent and...

Finmin asks banks to put in place oversight mechanism f...

It was also deliberated that banks should clearly define the policy for small an...

PM’s Principal Secretary pitches for diverse insurance ...

Dr Mishra talked about the challenge to ensure that insurance is not only availa...

UPI transaction value surges to ₹1,669 lakh crore in fi...

The value of UPI transactions has grown from ₹1 lakh crore to ₹200 lakh crore at...

Ashneer Grover’s brother-in-law arrested in BharatPe fr...

Deepak Gupta allegedly “used to acknowledge the bogus deliveries of standees etc...

Banks’ certificate of deposit issuances grew by more th...

CD issuances surge by 65% to ₹4.51 lakh crore in 2024-25, bridging credit-deposi...

Muthoot Fincorp eyes 30-32 per cent AUM growth in FY25

The NBFC’s consolidated AUM rose 29 per cent YoY to ₹39,257 crore as of June-end

IMPS transaction fraud: Over 90% of money recovered, ac...

Certain accounts holders of the Kolkata-based bank in November last year had rec...

Aye Finance raises ₹250 crore in Series G funding round

Singapore’s ABC Impact, a division of Temasek Trust Asset Management, has led th...

RBI approves re-appointment of V Vaidyanathan as IDFC F...

Vaidyanathan worked with Citibank and ICICI Bank before founding Capital First i...

RBI lifts restriction on gold loan business of IIFL Fin...

The regulator in March barred the NBFC from offering gold loan due to serious vi...

RBI unlikely to follow the Fed in cutting rates

The better liquidity position may provide the cushion to the Central Bank to ens...

HDFC Bank to securitise ₹9,000-cr worth of car loans

Move aimed at moderating the Bank’s credit-deposit ratio

Banks launch innovative, high-yielding products to prop...

Fintech Tarrakki signed a pact with Suryoday SFB to develop and offer digital fi...

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