₹100-crore fund a shot in arm for manufacturing medium enterprises
Collateral-free loans of up to ₹100 crore to pave the way for firms to expand their capacity
loan
July 2024
June 2024
May 2024
March 2024
November 2023
New Branches Push Loan Growth At Ujjivan
The small finance bank pushed niche products such as microfinance to emerge a winner.
Household debt warrants close monitoring: RBI
With overall household savings declining to 18.4% of GDP in 2022-23 from an average of 20% of GDP over 2013-2022, household debt warrants close monitoring, says RBI
Banks' gross NPA ratio hits multi-year low of 2.8%
Indian banks have been boosted by rising profitability and declining non-performing assets.
Tata Communications secures $250 mn sustainability loan; here’s how stock reacts
The Tata Group company will use fund to meet carbon emission reduction targets as it aims to become “Net Zero” across its global operations by 2035.
Jio Financial Services launches beta version of JioFinance app
JioFinance plans to offer loans on mutual funds and then progress to home loans.
PhonePe partners with lenders to offer loans on app
PhonePe users will now have access to lending solutions directly within the PhonePe app.
NBFC loans to grow 15% in next 12-18 months: Moody’s
Moody's says NBFCs' profitability will moderate somewhat in the next 12-18 months as funding costs for them will increase.
RBI orders JM Financial to stop financing against shares, debentures
Apart from violating regulatory guidelines, there are serious concerns about governance issues in JM Financial Products, says RBI
Bank-NBFC links merit close attention: RBI governor
Such concentrated linkages may create a contagion risk, says Shaktikanta Das
