The report highlighted that the transformation in lending trends has evolved over several phases in the last two decades, with both banks and non-banking financial companies (NBFCs) playing a significant role.
The gross non-performing assets (NPAs) of banks fell sharply in the first quarter of FY26, reflecting an improvement in overall asset quality, according to a report by Care Edge Ratings.
According to the RBI's directive, issued on Wednesday to banks participating in the Cheque Truncation System (CTS) and the National Payments Corporation of India (NPCI), the new system will ensure that cheque processing, confirmation, and settlement take place in near real-time, significantl
The 98th meeting of the Network Planning Group (NPG) has evaluated seven major infrastructure projects spanning railways, roads, logistics and textiles, with a focus on improving connectivity, boosting freight efficiency and supporting regional economies.
Indian insurers using Generative AI are reporting gains, customer retention has gone up by 14 per cent and Net Promoter Scores (NPS) have risen 30 per cent, according to information shared in a press release by Aritvatic.AI. Experts believe it could play a central role in achieving India's t
Bengaluru (Karnataka) [India], August 11: The Japan Festival- Kala Kabe, held at Ekya School Byrathi, brought together the vibrant cultures of India and Japan in a celebration of art, tradition, and collaboration. The centerpiece of the event was the India & Japan Children's Mural Projec
Trinamool Congress MP Derek O'Brien on Saturday cited Parliament data to highlight that West Bengal has recorded the second-lowest percentage of Non-Performing Assets (NPAs) in loans given to Women Self Help Groups (SHGs) among major states.
In a significant ruling, the Himachal Pradesh High Court has directed the state government to extend benefits of the Old Pension Scheme (OPS) to a retired peon who was initially employed as a daily wager and later granted work charge status, observing that services rendered in such capacity
Noida (Uttar Pradesh) [India], August 8: Continuing on its growth momentum during Q1 FY'26, Axis Max Life Insurance Limited ("Axis Max Life"/ "Company"), formerly known as Max Life Insurance Company Limited, new business growth (Individual Adjusted First Year Premium) grew by 23% to ₹1
New Delhi [India], August 7: Retirement planning is one of the most significant steps toward financial security. The sooner you plan, the better it is to create a secure future. One of the most popular options in India for retirement planning in the long run is the NPS scheme or National Pen
Mumbai (Maharashtra) [India], August 6: BookMyShow, India's leading entertainment destination and its parent company Bigtree Entertainment Pvt. Ltd. have entered into a strategic, year-long partnership with RuPay, a global card payment network from National Payments Corporation of India (NPC
Mumbai (Maharashtra) [India], August 6: Emerald Finance Limited (BSE: EMERALD), is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has announced the official launch of its employee-centric mobile application,