Stress is rising in micro, small and medium enterprises and vehicle finance. MSME borrowers with multiple loans are increasing. Portfolio at risk is also up for unsecured biz loans. Micro MSME loan defaults are a concern for NBFCs.
Read More
The apex rural development bank has secured the central bank approval for raising funds through ECBs in FY26 for climate-related activities through multilateral agencies. ‘NABARD is in talks to start operations of its ECB issuance in GIFT City and, if…
Read More
The US move to impose 50% tariffs on Indian goods could backfire on its own economy, according to SBI. The bank estimates US GDP may fall 40-50 bps, with inflation staying above 2% till 2026 as higher input costs hit…
Read More
No complicity of officials of National Stock Exchange (NSE) or Securities and Exchange Board of India (SEBI) in willfully allowing the brokers to submit inadequate audit reports was found during the investigation, the agency said.
Read More
The Multiplex Association of India (MAI) is advocating for a GST rate revision, urging the government to lower the tax on cinema tickets priced up to ₹300 to 5%. MAI argues that this change would enhance affordability, encourage expansion in…
Read More
Jerome Powell’s recent remarks at the Jackson Hole Symposium have fueled market expectations of a U.S. Federal Reserve rate cut in September. While Nomura anticipates three cuts, they foresee a more cautious approach than markets predict. India faces potential tariff…
Read More