Growth in loan originations for younger consumers slowed to six per cent in the quarter ended June 2025, down from nine per cent in the same period last year, according to TransUnion CIBIL's September 2025 Credit Market Report.
The Supreme Court on Tuesday allowed the Central Bureau of Investigation (CBI) to register six more cases into the matter involving allegations of a builder-bank nexus and loan fraud against homebuyers in Delhi-NCR and other states.
Pune (Maharashtra) [India], September 23: Bajaj Markets, a financial marketplace and subsidiary of Bajaj Finserv, simplifies how customers discover and apply for credit cards. Bajaj Markets has partnered with 10+ issuers to provide access to more than 30 credit cards. This all-in-one marketp
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.
According to an official statement, the loan agreement for the Assam Urban Sector Development Project was signed by Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance, on behalf of the Government of India, and Mio Oka, Country Director, India Resident Mis
Mumbai (Maharashtra) [India], September 22: When you borrow money, one of the most important things to understand is how to calculate interest on your personal loan EMIs. Knowing this not only helps you plan your monthly budget better but also ensures you don't end up paying more than expect
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
Non-performing assets (NPAs) in the Micro, Small and Medium Enterprises (MSME) sector may see a marginal uptick, particularly in select export-oriented industries, amid global trade headwinds and portfolio seasoning, according to Crisil Ratings.
Pune (Maharashtra) [India], September 19: Bajaj Markets supports micro, small, and medium enterprises (MSMEs) with specially designed business loans catered to fuel their growth and expansion plans. On Bajaj Markets, one can get flexible loan amounts at competitive interest rates starting fr
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
The contempt petition, argued by senior advocate Meenakshi Arora, pointed out that despite a judgment dated January 4, 2024, and subsequent compliance orders, the Delhi Government has not acted on the Second National Judicial Pay Commission's recommendation to extend soft loans of up to Rs 1
Mumbai (Maharashtra) [India], September 19: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, has announced attractive loan offers for its Two-wheeler Finance customers. The Company has introduced three new offerings, namely, No Cost EMI, Prom