New Delhi, Nov. 24 -- The local currency market is bracing for more weakness in the coming weeks, after the rupee sharply slid to a record low of 89.41 against the US dollar within the last hour of tr... Read More
New Delhi, Nov. 21 -- After discussions with the European Central Bank on linking UPI with Europe's TIPS instant payment system, the Reserve Bank of India (RBI) has started the implementation phase of... Read More
New Delhi, Nov. 20 -- Indian lenders are seeing the stress in their microfinance books gradually spread to their secured portfolios as overleveraged customers delay repayments. This comes less than a ... Read More
New Delhi, Nov. 18 -- Non-bank lenders are turning cautious on lending to small enterprises, as defaults rise following a lending spree to borrowers with weak credit profiles. Bajaj Finance, IIFL Fin... Read More