The compound annual growth rate of unsecured loans by NBFCs has reached 32% from FY2017 to FY2024, propelling the share of unsecured retail loans to...

The RBI deeming personal loans riskier resulted in the lending rates of private sector banks increasing by 30-50 basis points.

The real gross domestic product (GDP) rose by 8.2 per cent in 2023-24 against 7 per cent in the preceding fiscal.

Total loans given by banks increased during the second half of 2023-24 for public sector and foreign banks, while it moderated for private banks.

According to RBI governor Shaktikanta Das, India is on the brink of a significant transformation in its growth path, aiming for a sustained annual...

LOANS granted via banks’ Foreign Currency Deposit Units (FCDU) posted a 4-percent year-on-year growth in the first quarter of 2024, according to the...

Challenges to ending stubble burning persist, such as timely access to CRM machines, lack of proper training to use them and misperceptions over...

RBI updates priority sector lending guidelines to promote small loans in economically disadvantaged districts, assigning higher weightage to new...