RBI should take cognisance of the situation and work together with sector representatives and government to eliminate the flaws and make the microfinance industry more vibrant

A consumer-friendly regulator has to solve all consumer issues regarding any of their industry brands - irrespective of their scale of business

Laser-sharp focus on asset quality helps Utkarsh maintain lead over others

A push for products that consume less capital has helped Federal Bank build a rock-steady institution

Digitisation and proposed ARC for bad loans and development financial institution will help the banking industry reboot. The 25th edition of the BT-KPMG Best Bank Study brings you future ready banks and Fintechs

To mitigate the impact of COVID-19 on NBFC sector, the government and Reserve Bank of India (RBI) have announced various schemes such as the Partial Credit Guarantee Scheme (PCGS), Targeted Long-Term Repo Operations (TLTRO) and Special Liquidity Scheme (SLS)

The number of people who have recuperated from the disease surged to 1,02,28,753, pushing the national COVID-19 recovery rate to 96.66 per cent

The pandemic-led crisis has accelerated an overdue transition to digitalisation in business processes and enhanced efforts to address slow-burning issues such as liquidity management, cash, diversification, and capital

India Stock Market Highlights Today: In today's session, Sensex hit an all-time high of 46,992 and Nifty logged a lifetime high of 13,773

India Stock Market Highlights Today: Bajaj Auto, M&M, L&T, HDFC, Bharti Airtel, Sun Pharma, UltraTech Cement, Titan and Tata Steel were among the top gainers on Sensex pack. On the other hand, IndusInd Bank, Infosys, Maruti and ONGC were among the laggards

HDFC Securities top Diwali picks for making investments comprise Bharti Airtel,Infosys,Cadila Healthcare,ICICI Bank,United Spirits,Gujarat Gas among others

India Stock Market News Updates Today: SBI, IndusInd Bank and Kotak Bank were among the top Sensex losers today. On the other hand, HUL, ITC and L&T shares ended in green

India Stock Market Highlights Today: ICICI Bank followed by ONGC, HDFC, L&T, SBI, HDFC Bank, IndusInd Bank and Bajaj Finance were among the top gainers on Sensex today. On the other hand, Tech Mahindra, Infosys, HCL Tech, TCS, Nestle India and Maruti were in the red

R Baskar Babu, Co-founder and CEO, Suryoday Small Finance Bank, says the moratorium was around 80 per cent, to begin with, which dropped to 35 per cent in August, the last month of it

The RBI had, in March this year, announced a moratorium on repayment of term loans to provide relief to borrowers impacted by the COVID-19 related disruptions

Sachin Bansal's financial services startup Navi Technologies is likely to acquire Future Generali Life Insurance for Rs 1,400-1,500 crore

SC says Centre has all powers under Disaster Management Act to decide on issue of waiver of interest and that it should make its position clear

Instead of promoting a new social microfinance institution, the government should build on the existing and vibrant microfinance sector to cater to its envisioned need

Allowing MFIs to take deposits and run like a social business will unleash the power of the micro entrepreneur sector

The RBI had, on March 27, allowed commercial banks, co-operative banks, financial institutions, and non-banking finance corporations (NBFCs) to offer moratorium on payment of instalments of all term loans outstanding as on March 1 to help alleviate hardship of borrowers