In FY25, Indian Public Sector Banks (PSBs) outperformed Private Banks (PVBs) in credit growth, according to a Union Bank of India report. PSBs gained market share in both retail and industrial loans, especially in rural areas, while PVBs faced a slowdown due to regulatory interventions. This shift highlights PSBs' stability and effective leverage of their balance sheets.
1 min read21 Jun 2025Stress in secured loans reflects lingering concerns even after the central bank cracked down on unsecured lending frenzy
5 min read11 Feb 2025As PNB Housing shifts its focus towards higher yielding affordable housing loans, it's also gradually re-expanding its commercial mortgage portfolio.
5 min read14 Sep 2024The funding round, which includes nearly ₹300 crore in primary capital, marked the exit of Lightrock Global Fund S.A., an investor since 2018.
2 min read19 Jun 2024State Bank of India raises interest rates by 5 to 10 basis points on most loan tenures, effective from today.
1 min read15 Dec 2023Muthoot Fincorp One has reported over 20,000 daily transactions, and over 200,000 app downloads. In six months, it plans to introduce these new products to reach 80,000 daily transactions, and a million app downloads.
1 min read23 Aug 2023In 2007, the biggest financial crisis since the Great Depression rippled across the globe after mortgage-backed securities tied to ill-advised housing loans collapsed in value The decline of Silicon Valley Bank partly stems from the Federal Reserve’s aggressive interest rate hikes
4 min read11 Mar 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared