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Next decade an opportunity for India to build fintech architecture for the world: RBI governor Malhotra

Mumbai, Sept. 10 -- Indian fintech firms, having built strong digital infrastructure at home, should now look at creating solutions for global markets, Reserve Bank of India (RBI) governor Sanjay Malh... Read More


NPCI launches tap-to-pay, unified UPI services window

Mumbai, Sept. 10 -- National Payments Corporation of India (NPCI) on Thursday launched new features on the Unified Payments Interface (UPI), including a tap-to-pay facility and a single window to trac... Read More


Non-banks seek clarity, exemption for supply-chain finance from RBI

Mumbai, Sept. 2 -- Non-banks have sought clarity from the Reserve Bank of India (RBI) on the definition of revolving credit and exemptions for certain micro, small, and medium enterprise (MSME)-focuse... Read More


Will CEO Sashidhar Jagdishan's exit cheer HDFC Bank investors?

New Delhi, Aug. 31 -- Sashidhar Jagdishan's exit from HDFC Bank brings to an end a tenure marked by regulatory scrutiny, governance allegations and severe market underperformance, even as the bank's l... Read More


Federal Bank denies reports of majority stake acquisition in Jana SFB as stock drops 4.4%

New Delhi, Aug. 25 -- Federal Bank on Tuesday denied reports that it is in talks to acquire a majority stake in Jana Small Finance Bank, stating that while it routinely evaluates growth opportunities,... Read More


HomeFirst Finance is funding ESG-rated homes, hopes it will attract sustainable capital

Mumbai, Aug. 21 -- Affordable housing lender Home First Finance is financing individual homes certified under new green-building standards it helped develop with the International Finance Corporation,... Read More


Don't fear global liquidity integration, strengthen oversight instead: RBI's Rohit Jain

Mumbai, Aug. 20 -- Mumbai: India's foreign exchange markets should not fear integration with global liquidity but work to strengthen risk management and oversight, according to Reserve Bank of India (... Read More


Navi's UPI growth fuels NBFC arm's loan expansion

Mumbai, Aug. 19 -- Navi Ltd's rapid growth as a Unified Payments Interface (UPI) platform is helping power its arm Navi Finserv's ambition to expand its loan portfolio into segments beyond personal lo... Read More


Retail lending slows at banks in Q1 as corporate loans pick up pace

Mumbai, Aug. 13 -- Banks have seen a reversal in lending trends over the past year, with retail loan growth slowing while corporate lending picked up in the June quarter after a resurgence in the seco... Read More


RBI governor flagged banks' margin stress, and banks see it continuing

Mumbai, Aug. 9 -- While lauding the robust health of India's banking system, Reserve Bank of India Governor Sanjay Malhotra had last week flagged a decline in the sector's margins for the one year per... Read More