Six banks that reported their quarterly business updates for the October-December (Q3FY26) quarter on Friday recorded double-digit growth in their loan books compared with a year ago. Deposits also ...
The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan. Kindly note the image has been posted only for ...
State-owned Bank of Baroda (BoB) on Sunday said it has cut its benchmark lending rate linked to repo rate by 50 basis points in line with the RBI's rate ...
Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday. Photograph: Abhishek N Chinnappa/Reuters The nod came in March ...
'We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.' Punjab & Sind Bank expects total ...
Union Finance Minister Nirmala Sitharaman’s call for making lending rates affordable may not resonate anytime soon as banks still struggle with margin compression, and await clues from the Reserve ...
Food and grocery delivery major Zomato has pulled the plug on its plan to enter the lending business. Photograph: Anushree Fadnavis/Reuters Zomato Financial Services, a wholly-owned subsidiary of Zomato, ...
P2P platforms do not have the safety net.Instead of playing the role of an intermediary, if they run their own balance sheets for safety and growth, it's a recipe ...