September 26, 2025-
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Non-bank lenders are rapidly expanding their hold on India’s ₹15 lakh crore personal loan market, even as banks tread cautiously. Data from CRIF and Nomura shows NBFCs’ share in new loan originations rose...
Non-bank lenders are rapidly expanding their hold on India’s ₹15 lakh crore personal loan market, even as banks tread cautiously. Data from CRIF and Nomura shows NBFCs’ share in new loan originations rose...
Credit card issuances in India climbed to a seven-month high in August 2025, with nearly 700,000 new cards distributed. The total active cards now stand at 112.3 million, as banks like HDFC, Axis,...
The Reserve Bank of India (RBI) has issued new guidelines mandating two-factor authentication (2FA) for all domestic digital payments from April 1, 2026. The framework allows banks and fintechs to adopt innovative verification...
India’s Banking-as-a-Service (BaaS) market is projected to grow from ₹84.8 billion in 2022 to ₹153.8 billion by 2030, at a CAGR of 6%. The surge will be driven by neobanks, embedded finance, and...
The Maharashtra government is exploring monetisation of anonymised welfare data through its new digital platform ‘Samanvay’, set to launch on October 2. Branded as ‘Golden Data’, the Aadhaar-linked database consolidates details of beneficiaries...
The Telangana government’s Industrial Promotion Cabinet Sub-Committee has approved fresh investments worth ₹3,745 crore, spanning beverages, drones, and energy equipment. The projects include a Coca-Cola mega plant in Siddipet, a JSW UAV drone...
India’s festive season is coinciding with the rollout of GST 2.0, unleashing a wave of credit offers from banks and NBFCs. With essentials cheaper and consumer sentiment high, lenders are aggressively marketing loans,...
The Indian government is considering raising the foreign investment limit in Public Sector Banks (PSBs) from the current 20%, while retaining at least 51% ownership to preserve their public character. The move is...
Indian equity markets opened on a weak note Wednesday, with the Sensex down 289 points at 81,813 and the Nifty lower by 87 points at 25,082. Global headwinds—ranging from stagflation risks flagged by...
The government has directed ONGC to take interim operational control of a producing oil and gas block previously managed by Vedanta, after rejecting Vedanta’s plea for contract renewal. The move, a first in...
India’s banking system liquidity surplus dropped to just ₹70 billion ($794 million) on September 21, the lowest since March, after nearly ₹2.6 trillion exited due to GST and income tax payments. Analysts, however,...
The National Payments Corporation of India (NPCI) is preparing to introduce EMI payment options on UPI, allowing users to split QR code payments into instalments. This next wave of innovation follows RuPay credit...
India’s financial sector is facing slower momentum, with credit growth at 10.3% YoY and deposits expanding at just 9.8%, their first dip below 10% in three months. While MSME demand and corporate borrowings...
Gold prices in India hit a fresh record of ₹1,11,750 per 10 grams on the MCX, tracking global highs as traders awaited key US inflation data and fresh Federal Reserve guidance. Silver followed...
Indian government bonds slipped slightly on Tuesday as traders waited for the release of the second-half borrowing calendar. The 10-year benchmark yield edged up to 6.4985%, while the rupee hit a record low...
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