Ireda has filed an insolvency application against Gensol Engineering for a ₹510 crore default. This follows a complaint to ...

Reserve Bank of India (RBI) has issued the Digital Lending Directions, 2025, consolidating and updating guidelines to address growing concerns in the digital lending sector. These directions aim to ...

After amalgamation, number of RRBs has come down to 28 from earlier 43. Experts say move is expected to increase capital base ...

Sa-Dhan, the MFI self-regulator, is implementing stricter guidelines from June 1st, including capping lenders per borrower at ...

The Department of Financial Services and the Reserve Bank of India has advised Bank of India to keep adequate cash at border ...

The Nigerian Ports Authority (NPA) has denied the allegations of corruption ... as the extant civil service guidelines governing the timeline for processing of official documents make it impossible.

Power sector lender REC on Thursday said that it aims to achieve zero non-performing assets (NPAs) by end of FY26 from a commendable 0.38 per cent net NPA and 1.35 per cent gross NPA in FY25.

Foreign Portfolio Investors’ (FPIs) investment in corporate debt securities will no longer face short-term investment limit and concentration limit, according to RBI. This relaxation comes in ...

MUMBAI: India’s central bank has appealed to the country’s top court to let banks classify loans as non-performing, saying a ban imposed to help borrowers in the Covid-19 pandemic could ...