In November 2025, bank credit to this sector increased by 21.8% compared to a 13% increase in November 2024. Within the MSME sector, the credit extended to the micro and small enterprises has registered an increase of 24.6% (YoY) in November 2025, up from 10.2% in November 2024, data rele
Hyderabad (Telangana) [India], January 29: Pennant Technologies, an agile and innovative financial technology company, today announced its inclusion in two recent Gartner reports focused on the application of artificial intelligence (AI) in banking. According to Pennant, the reports highligh
As of November 2025, PSU Banks accounted for nearly 60% of the total gold loan portfolio outstanding, strengthening their leadership position over the past two years. Their growing share reflects a strategic tilt towards secured lending, as banks prioritise strong collateral amid elevated go
Mumbai (Maharashtra) [India], January 22: CarePal Money, the lending marketplace arm of the CarePal Group, has appointed Sahil Lakshmanan as its Chief Executive Officer, effective immediately.
Mumbai (Maharashtra) [India], January 22: UGRO Capital Ltd., a leading DataTech NBFC focused on MSME lending, has released the 4th edition of the MSME Sampark Report, prepared in collaboration with Dun & Bradstreet. The report features findings drawn from an analysis of over 73,000 MSMEs acr
Bank credit also witnessed a notable increase. Non-food bank credit of all scheduled banks climbed to Rs 208.14 lakh crore as on December 31, 2025, compared with Rs 201.81 lakh crore on December 15, 2025 and Rs 181.95 lakh crore in late December 2024. Loans, cash credits and overdrafts forme
New Delhi [India], January 14: Small businesses form a vital part of India's economic ecosystem, yet access to timely and transparent credit continues to remain a challenge for many entrepreneurs. Kissht is addressing this gap by enabling small business owners to access formal credit thro
Unsecured lending by banks in the country has witnessed a sharp rise over the last two decades, increasing concerns around risk sensitivity, according to a report by the State Bank of India (SBI).
IIFCL DMD's remarks came in the backdrop of reports that the government is considering selling stakes in IIFCL, its long-term infrastructure lending arm, and that the ministerial panel is expected to finalise the IPO structure, which may combine fresh equity issuance and a partial governm
Lending support to the protestors is the Iranian Crown Prince in exile Reza Pahlavi, who called for people to work together to deal the final blow to the regime.
The Delhi High Court on Wednesday issued notice on a Public Interest Litigation (PIL) seeking coercive action against Regulated Entities (REs), Non-Banking Financial Companies (NBFCs) and Lending Service Providers (LSPs operating digital lending applications), allegedly found to be in bre
Gurugram (Haryana) [India], January 7: Stashfin, a leading digital lending and financial services platform, has officially launched its refreshed brand identity. The new logo is getting a lot of media coverage and positive traction among individuals. It marks a strategic evolution in the