Bommai: Banks Must Use Local Deposits for Regional Development
Haveri MP Basavaraj Bommai pushes banks to boost local lending, reviews key schemes, and sets a high credit-deposit target for Gadag district. Read more.
Haveri MP Basavaraj Bommai pushes banks to boost local lending, reviews key schemes, and sets a high credit-deposit target for Gadag district. Read more.
SBI Life-backed NBFC Paisalo Digital raises ₹188.5 crore at 8.5% ROI to strengthen its capital base and expand its lending operations across India. Read more.
The Reserve Bank of India cautions NBFCs in Mumbai to strengthen underwriting, track asset quality, and lend responsibly. Read key risks flagged in the latest stability report.
RBI Governor Sanjay Malhotra met top NBFC executives, stressing strong lending standards and customer service for sector stability. Key officials attended.
Fino Payments Bank, after securing RBI's in-principle nod to become a small finance bank, plans to separate its BC business and scale secured lending via its vast merchant network. Discover its digital-first strategy.
Gold loans in India surge 125% YoY, contributing 12% of new bank credit. Discover how rising gold prices and a shift to secured lending are reshaping the banking sector's portfolio.
RBI's Financial Stability Report warns of high slippages & write-offs in private banks' unsecured loans. NBFC asset quality improves, but fresh stress builds. Read the full analysis.
A new Moneyview survey reveals how digital credit fuels online shopping and food delivery in India. Discover key trends shaping consumer spending. Read more!
Rourkela police dismantled an interstate arms racket forging licences. Kingpin arrested, weapons seized. Read about the major crackdown and ongoing investigation.
India's Unified Lending Interface (ULI) sees rapid growth with 64 lenders onboarded and over ₹65,000 crore in loans facilitated, revolutionizing digital credit access for MSMEs and farmers.
RBI reports a surge in non-bank funding for companies, reaching 45% share. Banks face tech and cybersecurity challenges while maintaining strong fundamentals. Read the full analysis.
The United States continues to be the largest debtor to Taiwanese banks, holding the top spot for over a decade. Luxembourg overtakes China for second place. Explore the detailed financial exposure report.
Central Bank of India plans to increase corporate loan share to 35% by March 2026 while keeping RAM segments as core strength. MD Kalyan Kumar outlines strategy for growth in renewable energy, infrastructure.
The Supreme Court has ruled that a driving licence is not valid after its expiry date unless renewed. Learn the legal implications and renewal process to avoid penalties.
The Supreme Court has clarified that a driving licence becomes invalid the day after its expiry if not renewed. Know the legal implications and renewal process to avoid penalties.
Madhya Pradesh government simplifies New Year celebrations with online temporary liquor licences. Get a one-day permit for private parties at Rs 500. Apply now!
A new SIDBI-CRIF report reveals private banks lead enterprise lending. NBFCs gain ground as PSB share falls. Small business credit hits Rs 46 lakh crore. Explore the shifting landscape.
A TOI probe reveals private moneylenders in Maharashtra's suicide belt get licences easily, as farm distress pushes farmers to extremes. Read the full investigation.
Noida's excise department has issued 176 temporary licences for Christmas and New Year parties. Over 140 went to RWAs and housing societies. Read about the new rules and reduced fees.
Private money lenders in Vidarbha lent over Rs 227 crore in 2025, but a mere Rs 21,000 went to farming. Explore the debt crisis and its link to farmer suicides. Read the full investigation.
Karnataka government fixes a Rs 1.5 crore base price for CL-2 and CL-9 liquor licences in Bengaluru. Read about the impact on the prized permits last issued in 1992.
The UAE Central Bank has revoked Omda Exchange's licence and fined it Dh10 million for regulatory breaches. This action strengthens the financial system's integrity for residents. Read more about the enforcement.
Arash Singh, a Sikh truck driver in the US, faces losing his commercial licence under new federal rules. The crackdown follows fatal crashes and impacts thousands of immigrant drivers. Read more.
Karnataka begins a historic online auction of 38 defunct liquor licences in Dakshina Kannada & Udupi from mid-January. A state-wide move aims for transparency and revenue boost. Details inside.
BharatPe partners with Yes Bank to launch 'Pay Later with BharatPe', an instant credit-on-UPI solution for merchants. This BNPL product aims to empower small businesses and ease consumer daily expenses. #Fintech #UPI #India
India's markets regulator Sebi has denied media reports of changes to the short selling framework. The existing regulatory structure for short selling remains unchanged. Get the full details here.
State Bank of India's home loan portfolio, its largest business unit, is on track to exceed ₹10 lakh crore next year, driven by strong demand and low NPAs. Discover the growth story.
Maharashtra govt sets up SIT to investigate Chandrapur kidney racket where farmers were forced to sell organs. 5 accused arrested. Details on the illegal money lending and organ trafficking network.
A youth from Sambhal arrested after his Bank of Baroda account was used to funnel crores in a pan-India cyber fraud. The scam, promising high stock returns on WhatsApp, highlights a dangerous new trend of 'account lending' to syndicates. Stay vigilant.
GHMC's trade licence revenue crosses Rs 100 crore for the first time, hitting Rs 113 crore. Officials warn of penalties as 50% establishments yet to renew. Read more.