India's kharif sowing has recorded a significant 4.1 per cent year-on-year (YoY) increase as of July 18, 2025, supported by an above-normal monsoon and improved reservoir levels across the country, according to a recent report by Bank of Baroda.
The credit provided by Non-Banking Financial Companies (NBFCs) in India has seen a sharp rise over the years, with NBFC credit to GDP increasing to 26 per cent in FY25, up from 16 per cent in FY19, according to a report by Ionic Wealth.
The Microfinance industry of India is playing a significant role in driving financial inclusion by empowering underserved segments across India, said a report by Avendus Capital.
India has made significant progress in financial inclusion, as reflected in the latest Financial Inclusion Index (FI-Index) released by the Reserve Bank of India (RBI).
An appellate tribunal has found former ICICI Bank CEO Chanda Kochhar guilty of accepting Rs 64 crore as bribe in exchange for sanctioning a Rs 300 crore loan to the Videocon Group in 2009, an ED official told ANI.
Bengaluru (Karnataka) [India], July 22: KredX, India's leading integrated cash flow and supply chain finance platform, today announced a strategic partnership with Canara Bank, one of India's prominent public sector banks. This collaboration aims to significantly broaden the reach of digital
Former film producer Harvey Weinstein has dropped a lawsuit against his brother Bob, in which he accused his sibling of "financial betrayal" that led to the collapse of his company, according to Variety.
Gurgaon (Haryana) [India], July 22: As higher education costs continue to rise, education loans have become a vital financial resource for students across India. To ensure responsible lending, banks and financial institutions conduct comprehensive background checks before approving education
The Government of India has announced the sale (re-issue) of two dated securities to raise a total of Rs 36,000 crore through an auction which will be conducted by the Reserve Bank of India (RBI) on July 25, 2025.
The Central Bureau of Investigation (CBI) has successfully located and apprehended a proclaimed offender, Nasreen Taj, in connection with a significant bank fraud case.
"Chaitanya allegedly routed the illicit funds through his real estate firms and used them in the development of a real estate project. The funds were laundered through cash payments to contractors and through falsified banking entries," ED said in its statement.