The “buy now, pay later” (BNPL) schemes and the credit card spending facilitate immediate consumption and reduce the savings of the younger generations, said Michael Debabrata Patra, Deputy Governor, ...

Asset Allocation is an important part of any portfolio construction decision. While diversification across various asset ...

Former Telangana minister KTR Rama Rao has been accused of ordering a transfer of Rs 55 crore to the Formula E organisers ...

The initiative aims to help financial institutions measure and report greenhouse gas (GHG) emissions linked to their loans ...

India's cooperative banks' asset quality reflects regional economic realities. While some banks, particularly in less ...

HDFC Bank restarted talks with Japan’s MUFG to sell a stake in its non-lending arm, HDB Financial, ahead of the prospective ...

Total recoveries from write-offs were only 18.70 per cent at Rs 1,85,241 crore in the last five years, according to the ...

CHENNAI: The farmers’ wing of the Communist Party of India (CPI) said the Reserve Bank of India’s (RBI) announcement that ...

The rupee liquidity has been completely drained from the system, and the release of funds is being absorbed to manage the ...

The Employees’ Provident Fund Organisation (EPFO) may introduce a “self-approval” mechanism for subscribers to withdraw ...

India, celebrated as the fastest-growing economy in the world, is showing signs of slowdown India is facing a pivotal moment ...

Mumbai: Bad loans in the peer-to-peer (P2P) lending industry have more than doubled in financial year 2024 (FY24) to Rs 1,163 crore from Rs 472.1 crore in FY23, a 146 per cent rise.According to ...