NBFCs’ gross bad loans to rise by 30-50 bps in FY25: ICRA
Non-banking finance companies (NBFCs) will likely see their gross stage-3 asset ratio or gross bad loans rising by 30-50 basis
Continue readingThe Number One Finance & Business Blog!
Non-banking finance companies (NBFCs) will likely see their gross stage-3 asset ratio or gross bad loans rising by 30-50 basis
Continue readingBajaj Allianz General Insurance Company Ltd (BAGIC), a leading private general insurer, has entered into a strategic bancassurance partnership with
Continue readingPrivate sector lender RBL Bank witnessed higher credit card bad loans sequentially in Q1FY25. This was mainly on account of
Continue readingDigiSahamati Foundation (Sahamati), an industry alliance for the Account Aggregator (AA) ecosystem, today announced that the total number of successful
Continue readingThe total envisaged cost of the projects financed by banks/financial Institutions (FIs) reached a new high of ₹3.91 lakh crore
Continue readingRBI Governor Shaktikanta Das has earned “A+” grade for the second consecutive year in the Global Finance Central Banker Report
Continue readingThe assets under management (AUM) of private asset reconstruction companies (ARCs), as measured by security receipts (SRs) outstanding, is expected
Continue readingAuditor PwC has lost its largest mainland China-listed client, Bank of China , to rival EY, adding to an exodus
Continue readingConsumer payments and lending company Slice on Monday said it has received approval from the National Company Law Tribunal (NCLT)
Continue readingFinance and Corporate Affairs Minister Nirmala Sitharaman on Monday advised Public Sector Banks (PSBs) to make concerted efforts to garner
Continue reading