Declining interest rates are not favourable for banks' net interest margins in the short term. According to a report by PhillipCapital, the net interest margins (NIM) of banks are going to moderate in FY25 and FY26, before rebounding in FY27.
Mumbai (Maharashtra) [India], June 24: L&T Finance Ltd. (LTF), one of the leading retail financiers in the country, supporting the growth of small and medium enterprises (SMEs), has announced the launch of a dynamic and innovative AI-powered microsite for its 'Aapke Business Ka Game Chan
Chennai (Tamil Nadu) [India], June 24: AVP Infracon Limited (NSE - AVPINFRA), a key player in India's infrastructure development landscape, has announced the receipt of a Letter of Acceptance (LoA) from Reliance Mappedu Multi Modal Logistics Park Limited. The order is valued at approximately
Loan growth for non-banking financial companies (NBFCs) is expected to remain steady in the first quarter of FY26, rising by 19 per cent compared to the same period last year, and 4 per cent over the previous quarter, according to a recent report by Morgan Stanley.
Pune (Maharashtra) [India], June 24: Starting or expanding a legal practice involves more than just earning a law degree. Whether a practising advocate or a salaried associate exploring a future in corporate law, legal professionals often face financial commitments--such as setting up an off
New Delhi [India], June 24: In a market flooded with compromises, TECNO has done the unexpected, yet again. The global smartphone brand, known for value-driven innovation & empowering users through cutting-edge technology, has launched the Spark Go 2, a feature-loaded device that brings
Pune (Maharashtra) [India], June 23: In today's fast-paced world, the need for quick financial solutions is not out of the ordinary. When consumers look to instant loan apps to secure funds for urgent needs, one crucial factor that often determines the speed and ease of approval is their cre
Indian banks are expected to maintain steady performance across most credit metrics in the financial year 2025-26 (FY26), though earnings may come under pressure, according to a recent report by Fitch Ratings.
With this revision, interest rates on new home loan sanctions will now start from 7.50 per cent, effective June 19, 2025, coinciding with the company's 36th Foundation Day.
The Supreme Court on Friday asked the Delhi High Court to decide expeditiously the bail plea of Dewan Housing Finance Ltd's former promoter Kapil Wadhawan in the multi-crore bank fraud case investigated by the CBI.
New Delhi [India], June 20: Purchasing a vehicle is an exhilarating experience. Whether it is your first vehicle or an upgrade, for most of us, it usually translates into availing a car loan. With so many monetary details to worry about--loan amount, rate of interest, tenure--it is simple t
The incident, which occurred on 16th June 2025, reportedly saw the woman tied to a tree and brutally beaten in full view of villagers--punished for her husband's failure to repay a long-standing debt.