The banking system in the country has recorded a robust expansion over the last two decades, with total deposits and advances rising sharply, highlighting the growing scale and depth of financial intermediation in the country, according to a report by the State Bank of India (SBI).
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
Global credit rating agency Fitch Ratings on Tuesday said a tighter risk framework is helping in strengthening India's bank operating environment, reflecting improving systemic resilience and risk controls in the Indian banking sector.
The accused posed as government employees, prepared forged identity cards and fake income documents, and fraudulently obtained loans from various banks.
New Delhi [India], December 31: Surya Loan has announced its plans to introduce Electric Vehicle (EV) Loans as part of its ongoing efforts to expand its loan portfolio in line with evolving customer needs and market trends. The company intends to meet the rising demand for electric mobility
Hyderabad (Telangana) [India], December 30: WeMakeScholars, one of India's largest education finance platforms transforming the way students fund global education, has been named to the Forbes India DGEMS 2025 Select 200, an elite list recognising emerging enterprises with strong global pote
New Delhi [India], December 30: Urgent cash crunch hitting hard--medical bills, wedding expenses, or business hiccups? Gold loans deliver fast relief by turning your jewelry into liquid funds without selling it. Daily gold rates are the game-changer, directly boosting your gold loan eligibil
It was highlighted at the conference that over 60% of new retail loan originations now come from semi-urban and rural regions, where gold remains a culturally accepted and liquid form of collateral.
India's banking and financial services sector is entering a phase of steady but selective growth, with lenders increasingly prioritising asset quality, profitability and risk calibration over aggressive expansion, according to discussions at Antique Stock Broking's 3rd Annual BFSI Confere
Axis Bank launches Digital Merchant Cash Advance Loans for MSMEs. According to a release from Axis Bank, this new service provides unsecured loans to micro and small businesses across the country. These loans range from Rs 2 lakh to Rs 20 lakh. This is the first of its kind in the industry a
Public sector banks (PSBs) are steadily gaining market share from private sector lenders in key retail loan segments such as personal loans, home loans and auto loans, highlighted a report by JM Financial.
While gold loans still account for a relatively small share of total non-food credit, their proportion has nearly doubled over the past year, indicating a rapid change in borrowing preferences, it said.