Rupee Plunges to Record Low Against US Dollar
The Indian rupee has crashed to a fresh all-time low in early trade. It fell 33 paise to 94.24 against the US dollar. This decline continues a worrying trend for…
Digital NBFCs Sanction 10 Crore Personal Loans in 9 Months
Digital non-banking finance companies are transforming credit access in India. A new report reveals they sanctioned nearly 10 crore personal loans in just nine months of this fiscal year. This…
Finance Minister Nirmala Sitharaman Tables Key Bills in Parliament
Finance Minister Nirmala Sitharaman is set to present two significant pieces of legislation in Parliament today. The Finance Bill for 2026-27 and the Corporate Laws Amendment Bill are on the…
RBI’s Rupee Support Faces Test from War and Oil Surge
Over the past decade, the rupee has typically closed stronger on March 31 compared to its weakest point in the previous quarter. This pattern is not accidental. Intervention by the…
Axis Max Life and Saarathi Finance Partner to Secure India’s MSMEs
A new strategic partnership is set to strengthen financial security for India’s small businesses. Axis Max Life Insurance has joined forces with Saarathi Finance, a next-generation NBFC. This Corporate Agent…
Govt Launches IRFC OFS at Rs 104 Floor Price
The Indian government has kicked off a significant stake sale in Indian Railway Finance Corporation. This Offer for Sale aims to dilute up to a 4 per cent stake in…
High Court Upholds RBI Fraud Rules, Sides with Banks in Amil Ambani Case
A significant ruling from the Bombay High Court has reinforced the authority of banking regulations. The court emphasized that the Reserve Bank of India’s fraud classification rules must protect lenders.…
Haryana Recovers ₹556 Crore in IDFC First Bank Fraud, Stock Rebounds
Shares of IDFC First Bank traded in the green on February 24. This came a day after hitting a 20 percent lower circuit. The rebound followed positive news from the…
ADB and Aavas Partner to Boost Affordable Housing and MSME Lending
The Asian Development Bank has signed a major financing deal with Aavas Financiers Limited. This partnership aims to expand access to crucial loans across India. The total package is worth…
IDFC First Bank Share Price Steadies After Fraud Shock
The IDFC First Bank share price took a severe hit on Monday, plunging a staggering 16%. This dramatic fall followed the bank’s disclosure of a major fraud case. The incident,…