Bengaluru (Karnataka) [India], October 3: Navanc, which is building India's first comprehensive AI-enabled property creditworthiness stack and score, has joined hands with Loan Network. Loan Network, a digital-native fintech platform that simplifies the home loan journey through AI-powered t
The Indian banking sector is set to witness earnings recovery in the second half of FY26, after a muted September quarter performance marked by margin pressure, moderate credit growth and a decline in profitability across private and public lenders, according to a research report by Motilal
Bangalore (Karnataka) [India], September 22: A leading digital lender achieves a breakthrough 80%+ early recovery rate, establishing a new industry benchmark as Neowise bridges AI automation with human expertise across India's diverse regional markets.
For the first time since March 2010, Public Sector Banks (PSBs) reported double-digit growth in advances at 12.2 per cent year-on-year in FY25, surpassing Private Sector Banks' (PVBs) growth of 9.5 per cent, according to a Systematix Group report.
State Bank of India (SBI) on Wednesday announced the successful completion of the divestment of a 13.18% (approximately) stake in Yes Bank Limited (YBL) to Sumitomo Mitsui Banking Corporation (SMBC), the state-owned lender said in a statement.
New Delhi [India], September 15: The loan comparison space gets a powerful upgrade in 2025 with the official launch of RightPaydays.com, a fast, secure, and user-friendly platform that allows consumers to compare payday loans, personal loans, and more in just one click. Designed to serve as
Singapore, September 15: Azentio Software, a leading technology enabler in the BFSI space, announced the launch of Azentio Loan Origination, its next-generation product that redefines how financial institutions scale credit operations across retail, SME, and corporate segments, and supports
Mumbai (Maharashtra) [India], September 2: Fibe, India's leading digital lending platform, partners with JAIN Online, one of India's premier UGC-entitled and AICTE-approved universities. This marks a major milestone, as JAIN ONLINE becomes its 500th edtech partner, further cementing its posi
According to a statement from the Indian lender, the funds mobilised through this partnership will be utilised in Climate Mitigation Actions aimed at reducing greenhouse gas emissions to slow down global warming and climate adaptation measures designed to adjust systems, practices, and infra
New Delhi [India], August 21: For business owners, access to timely finance is essential for managing operations, purchasing equipment, or expanding business activities. A business loan serves as a valuable financial tool to meet such requirements. However, selecting the right loan terms is
New Delhi [India], August 19: Credgenics, the leading provider of SaaS-based debt collections and resolution technology platform, today announced a ground-breaking initiative, CG Setu, to reshape field debt collections with the acquisition of Arrise, one of India's largest collections servic
In a major relief to its customers, ICICI Bank on Thursday announced a rollback of its recent decision to hike the minimum average monthly balance (MAB) for certain savings accounts to Rs 50,000. The private sector lender has now reduced the MAB requirement to Rs 15,000.