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
"This MoU is very important. I understand that in Delhi, there are lakhs of young people with innovative ideas who want to start a good business, a good job, a good industry, or some initiatives in the service sector. There are many such startups that want to move forward, but there is no
Paytm is positioned as a "payments toll-road operator" within India's digital commerce ecosystem, according to an Investec Equities research report that initiated coverage on One 97 Communications Ltd with a Buy rating and a target price of Rs 1,550. The research firm states that the company
The National Real Estate Development Council (NAREDCO) has submitted a comprehensive set of recommendations to the Union Ministry of Finance aimed at revitalising the real estate sector and boosting homebuyer demand. A primary focus of the proposal is the significant enhancement of tax benef
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.
The outlook for the banking sector remains positive, with earnings expected to recover steadily over the medium term, supported by stable margins, improving asset quality and a pickup in loan growth, according to a report by Motilal Oswal Financial Services.
Mumbai (Maharashtra) [India], January 20: L&T Finance Ltd., formerly known as L&T Finance Holdings Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India, has recorded its highest ever core Profit After Tax (PAT) of Rs. 760 Crore (before one-time impact of New Labour
Muthoot FinCorp Ltd. (Muthoot Blue) has announced its evolution into a full-scale financial services marketplace, integrating loans, investments, savings, payments, and insurance with its digital platform, Muthoot FinCorp ONE.
The Delhi High Court has requested the assistance of the Central government regarding a communication from the Supreme Court of England and Wales in the Nirav Modi-Bank of India matter.
Small business financing in India has undergone a massive digital transformation, with Public Sector Banks (PSBs) sanctioning more than 3.96 lakh MSME loan applications between April 1 and December 31, 2025. These sanctions, totalling over Rs 52,300 crore, were made possible through the newl
The World Bank has approved financing for a program to improve the quality of life and life expectancy in West Bengal through wider, more equitable access to quality healthcare.
The CBI had registered the case on July 14, 2020, following a complaint from Canara Bank's Circle Office in Karnal, Haryana. It was alleged that the accused, acting in criminal conspiracy, dishonestly and fraudulently obtained credit limits and loans amounting to Rs 152 crore and siphoned