Vitol trader confirmed transactions with Radiant World, complicating fraud allegations as multiple lenders investigate forged documents and ongoing legal disputes. Read more at straitstimes.com.
As new industries emerge, cash-flow-based lending is poised to play a pivotal role in their growth. With traditional collateral often absent, banks such as the State Bank of India are actively researching this funding model. To extend financing effectively, a…
Kothari, who has spent nearly 30 years at the lender, will leave on 30 September.

Outstanding loans against gold jewellery stood at Rs 3.29 lakh crore at the end of May 2026, up 69.9 per cent from Rs 1.94 lakh crore a year earlier.

Outstanding loans against gold jewellery stood at Rs 3.29 lakh crore at the end of May 2026, up 69.9 per cent from Rs 1.94 lakh crore a year earlier.


The Latest Home Loan Interest Rates: Jun 19, 2026

India-UK social security exemption set to save $500 million annually for Indian professionals and companies starting July 15.

The partnership includes a GIFT City-based facility for dollar-denominated transactions and a partial guarantee mechanism for domestic rupee transactions
The proposal came after the Securities and Exchange Board of India (Sebi) received representation from the Bharat InvITs Association (BIA) regarding the treatment of debt availed by InvITs for incurring major maintenance expenses of road projects while calcul…
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The Atal Pension Yojana aims to establish a universal social security system in India, offering a guaranteed monthly pension to subscribers based on contributions made till 60 years of age. Here's all you need to know….
India Infrastructure Finance Company Ltd (IIFCL) aims for Rs 75,000 crore in sanctions for FY26, a significant increase. This expansion follows the removal of key lending restrictions, opening new avenues for growth. IIFCL achieved its highest-ever sanctions …
India Business News: MUMBAI: RBI's record surplus transfer of nearly Rs 2.9 lakh crore reflects a year in which gains from dollar investments, forex market intervention an.
Despite RBI's efforts to boost rupee usage in international trade, including Special Rupee Vostro Accounts, its adoption for invoicing and settlement saw only modest growth over the past two fiscal years. This highlights the significant ground India must cove…




India Business News: NEW DELHI: The Centre is staring at a massive surge in its subsidy bill during the current fiscal year as fertiliser payouts may reach Rs 3.8 lakh cro.

In a BSE filing, Union Bank said the board has approved raising of debt capital through Basel III-compliant additional Tier 1 bonds and/or Tier 2 not exceeding ₹5,000 crore
Hexagon Nutrition Limited is launching its Initial Public Offering on June 5, 2026. The company plans to raise Rs 138.87 crore through an Offer for Sale. Investors can subscribe to shares priced between Rs 42 and Rs 45. The issue closes on June 9, 2026. Hexag…