ICRA forecasts that the Gross Non-Performing Asset (GNPA) ratio will increase to 2.6-2.8 per cent by the end of March 2025, reflecting heightened stress, particularly in the microfinance segment.
Thousands of devotees gathered at the banks of the river Ganga across India on Tuesday to celebrate Makar Sankranti 2025, a festival marking the Sun's transition into Capricorn and the onset of Uttarayan.
The quarterly average ticket size of Micro Finance Institutions (MFIs) loan disbursal rose 43 per cent from Rs 35 thousand to Rs 50 thousand between September 2021 to 2024, as per the Financial Stability report of the IIFL Capital.
The volume of two-wheelers (2Ws) and tractors will grow at a compounded annual growth rate (CAGR) of 13 to 15 per cent, outpacing passenger vehicles (PVs) and trucks between financial year (FY) 2025-27, stated a report by Jefferies an investment banks and financial services company.
Devotees have started pouring in at the banks of Triveni Sangam here where the Maha Kumbh Mela is set to take place from January 13 to February 26. In a unique blend of tradition and technology, many are seen using video calls to share the divine experience with their elderly relatives wh
The Nifty 50 companies, excluding financial, telecom, cement, and commodity sectors, are expected to show subdued growth in their financial performance for the third quarter of FY25, according to a report by Antique Stock.
India's year-to-date purchased 73 tonnes of gold with a total gold reserves of 876 tonnes as on November end, making it the second-largest buyer of 2024 after Poland.
Mumbai (Maharashtra) [India], January 6: In a dynamic financial landscape, the need for innovation is paramount. BHARAT CO-OPERATIVE BANK (MUMBAI) LTD was one of the few banks to implement Finacle as its CBS (Core Banking System) back in the year 2013-2014 with that legacy of being the early
The search led to the seizure of digital devices (mobile phones or tablets) and incriminating financial documents including debit cards, passbooks and chequebooks of multiple banks.
Various saints and sages of the Niranjani akhara, riding on elephants, horses passed through different areas of Prayagraj and reached Sangam Ghat today. The sages were welcomed on the banks of the ghat by senior administration officials with garlands.
Mumbai (Maharashtra) [India], January 3: A gripping tale of mystery, friendship, and betrayal unfolds in Subhobroto Mazumder's debut novel, The Affairs of Baxiganj. Set against the evocative backdrop of the late 1980s and early 1990s in the remote and scenic town of Baxiganj, nestled by the
Credit growth of Indian banks are expected to witness a range-bound 12.5 per cent growth in the current financial year 2025, HSBC Global Research said in a report, attaching a rider that slowdown in GDP growth remains a downside risk.