Even as corporate loan growth continues to remain subdued, most public sector banks (PSBs) are expected to post robust loan growth in the coming quarter, primarily led by loans to retail, agriculture, and MSME segments, according to a sector update by Nuvama Institutional Equities.
In an industry-first initiative, Jio Payments Bank Limited, a subsidiary of Jio Financial Services announced on Monday the launch of 'Savings Pro', an innovative feature that enables customers to earn more from idle surplus funds in their Jio Payments Bank account, through automated investme
In a statement, the police confirmed that the duo posed as fake beneficiaries and fraudulently deposited sanctioned CMRF cheques into their personal accounts before withdrawing the money.
India's financial system is undergoing a major shift as the ways in which borrowers raise funds have expanded far beyond traditional bank loans. According to a Bank of Baroda press release, total resources raised in the economy have more than doubled in the last five years, reflecting the ch
Mumbai (Maharashtra) [India], September 19: Choice Connect, India's digital financial empowerment platform, is redefining entrepreneurship by making financial services accessible to all from students, homemakers, and small business owners to young professionals and retirees. The platform off
Officials said the strength of drug traffickers lies not only in contraband but also in the vast sums of illicit money generated from the trade. These funds are used to expand criminal activities, infiltrate legitimate businesses, destabilise economies, and, in some cases, fund terrorism.
New Delhi [India], September 18: India's bond market stands at an unprecedented inflection point in 2025, having reached a staggering size of ₹238 trillion (approximately $2.69 trillion) by March 2025, representing a remarkable 10.2% growth from the previous fiscal year. This monumental achi
Mumbai (Maharashtra) [India], September 18: As India's economy continues to expand, driven by rising consumption, increasing disposable incomes, and growing demand supported by lower interest rates, the country's leading companies--sector leaders--are uniquely positioned to capitalise on the
In a video message, Mann announced the launch of 'Mission Chardikala' to rehabilitate affected families and urged citizens and Punjabis worldwide to contribute to the relief efforts.
Noting that development funds sent by the Centre to Tripura government must be adequately distributed for the progress of the indigenous people of the state, Tipra Motha Party president Pradyot Bikram Manikya Debbarma has said "they don't want bheek" and getting funds for the progress of t
Mumbai (Maharashtra) [India], September 17: Funds advised by Convergent Finance LLP ("Convergent"), announced an investment of INR 2,400 million (USD 27.4 million) in Knowledge Marine & Engineering Works Limited ("Knowledge Marine"). The investment is part of a larger fundraise of INR 2,848
Pune (Maharashtra) [India], September 17: As Navratri approaches, households across India are gearing up for nine days of devotion, celebration, and cultural gatherings. While the festival brings immense joy, it also brings a surge in expenses ranging from festive shopping and home decor to