The Reserve Bank of India has rolled out 244 consolidated Master Directions (MDs), replacing more than 9,000 older circulars and guidelines — a major simplification drive aimed at reducing regulatory burden for banks,...
Spandana Sphoorty Financial has appointed former HDFC Bank senior executive K. Sankara Narayanan Krishnan as its new Chief Executive Officer. The leadership transition comes at a crucial time as the microfinance NBFC continues...
NDL Ventures has formally approved the merger of Hinduja Leyland Finance through a scheme of absorption, marking one of the most significant consolidation steps in the NBFC sector this year. With the Reserve...
Mumbai-based fintech platform Fibe (formerly EarlySalary), backed by TPG Rise Fund, is planning an IPO to raise ₹1,000–1,500 crore, targeting a valuation of over US $1 billion by mid-to-late 2026. The move places Fibe...
In a significant judgment issued on July 28, 2025, the Delhi High Court vindicated the rights of a supplier by upholding a civil suit decree that allowed recovery of an upfront advance payment...
On July 26, 2025, the Gujarat High Court upheld a landmark policy: private hospitals must pay Value Added Tax (VAT) on the sale of medicines, implants, prosthetics, stents, and other consumables provided to...
The adoption of digital KYC (Know Your Customer) has become a game-changer in India’s personal loan landscape. It’s not just a regulatory checkbox—it’s the enabler behind instant onboarding, fraud prevention, and paperless lending,...
Shares of SBI Cards & Payment Services Ltd. tumbled ~6.1% intraday on July 28, 2025, reaching a 15-week low of ₹834.75, after delivering weak Q1 results and disappointing analysts, who lowered their target...
In a significant development in India’s NBFC space, a Delhi-based venture capital firm has increased its stake in LIC Housing Finance Ltd (LIC HFL), a leading housing finance company backed by India’s largest...
Bajaj Finance Ltd., one of India’s most closely tracked non-banking financial companies (NBFCs), posted its Q1 FY25 earnings, triggering a mild market correction despite reporting double-digit growth. While topline performance was solid, analysts...
The Reserve Bank of India (RBI) has signaled that monetary policy transmission is occurring more effectively across the financial system, bolstering the case for a potential rate cut in the coming months. New...
India has not seen the entry of a new universal bank since 2016, raising critical questions about the Reserve Bank of India’s (RBI) stance on licensing policy. While the economy has evolved significantly...
As India’s fintech lenders scale their unsecured credit portfolios, many encounter a common roadblock: How do you approve more customers without triggering a spike in defaults? The answer may lie in an often-overlooked...
As India accelerates toward becoming a $5 trillion economy, financial inclusion remains a national imperative. The government, regulators, banks, NBFCs, and fintechs are focusing on expanding access to savings, credit, insurance, and digital...
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