Lenders anticipate stress and are building buffers. Bad loans fell 21 per cent to Rs 4.85 lakh crore. The gross bad loans ratio is expected to improve to 2.8 per cent this year.
Read More
Investors' enthusiasm has been reignited by the approval and launch of spot bitcoin exchange-traded funds in the United States earlier this year, opening doors for new large investors
Read More
NARCL has emerged as the most active player in the bad loan market, acquiring over Rs 30,000 crore of stressed loans in a period of four months.
Read More
On 15 March, the Constitution bench of the Supreme Court asked the SBI to furnish details of the political parties that received Electoral Bonds since 12 April 2019
Read More
Retail digital payments in India have grown from 162 crore transactions in the financial year 2012-13 to over 14,726 crore transactions in 2023-24 (till February 2024) - approximately a 90-fold increase over 12 years
Read More
The study conducted by Fibe further indicates that the credit demand among New-to-credit (NTC) women customers has more than doubled over the last five years
Read More
Aditya Birla Group plans to consolidate its non-banking finance companies (NBFCs) to create better synergies and ensure optimal utilisation of resources and greater economies of scale, following approval by the National Company Law Tribunal (NCLT).
Read More
The bank has sold the NPA portfolio which includes retail and MSME loans, as a clean-up for future growth capital
Read More
