India's central bank on Thursday barred Mumbai-based New India Co-operative Bank from issuing new loans and suspended deposit withdrawals for six months, citing supervisory concerns and the ...

RBI bars New India Co-operative Bank from transactions, assures deposit insurance up to ₹5 lakh, monitoring financial ...

NBFC Shriram Finance Ltd (SFL) on Thursday said it has raised about USD 500 million (about Rs 4,300 crore) through External Commercial Borrowing (ECB) to fund business growth.

This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric ...

Ordinance against coercive practices excludes RBI-regulated non-bank microfinance companies, but experts warn that ...

RBI’s latest moves, including a repo rate cut and ₹40,000 crore liquidity infusion, are set to lower home loan EMIs, boosting ...

Shriram Finance secures USD 500 million via ECB, the largest SACE-covered loan for an NBFC in India. This funding will fuel business growth and strengthen financial inclusion.

India's central bank on Thursday barred Mumbai-based New India Co-operative Bank from issuing new loans or allowing the withdrawal of deposits due to supervisory concerns.

Jharkhand Chief Secretary Alka Tiwari on Thursday asked officials to expedite projects supported by the National Bank for Agriculture and Rural Development (NABARD) in the state. Tiwari, during a ...

NBFC heads meet RBI Governor Malhotra, request liquidity support and public deposit acceptance, discuss regulatory challenges ...

Section 68 of the Income Tax Act governs unexplained cash credits. If a sum appears in a taxpayer’s books and its nature or source is unclear or unsatisfactory, it is treated as taxable income. This ...