Fintech and Billion-Dollar Deals Drive Resilience in Q3 for Financial Services: Report

Even as overall deal count dropped, long-term strategic investments, increase in QIP and IPO activity and fintech innovation noted sustained investor confidence.

India Rises to 3rd Spot in Global Fintech Ecosystem Even as Funding Dips 17% in 9M 2025

Fintech startups raised $1.6 billion during the first nine months of 2025, marking a 17 per cent decline from $1.9 billion in the same period of 2024.

UPI Boom Slowing? Credit Cards Poised to Drive Next Wave of Digital Payments: PwC Report

While UPI remains central, the next wave of transformation will be spearheaded by credit cards, said a PwC report on Wednesday.

NBFC Hiranandani Financial Services Nets First External Funding of Rs 800 Cr, Targets Tier III & IV Businesses

The capital infusion, according to the company, will help it expand its footprint to underserved Tier III and Tier IV markets, deepen secured lending, and fund continued investments in technology and talent.

Fintech SRO FACE Issues Whistleblower Guidelines to Strengthen Oversight in Fintech

The guidelines outlining operational standards include explicit assurances of confidentiality, continuation of employment or association, and safeguards against discrimination, coupled with a safe-harbour clause for good-faith reporting.

Indian Entrepreneurs Outspend Global Peers on Luxury, Health and Real Estate: HSBC Report

Drivers behind this optimism include opportunities for new investments and ventures, strong performance of investment portfolios, favourable local economic conditions, and positive business outcomes.

99% of Payment Leaders Use AI But 91% Fear It Could Backfire: Report

The most common worry relates to data privacy and security vulnerabilities.

P2P Lending Platform LenDenClub Swings to Rs 34 Cr Profit in FY25 from Loss in Previous Fiscal

Posting its strongest-ever profitability at the group level, the company reported 28 per cent growth in its consolidated revenue to Rs 236 crore from Rs 185 crore in FY24.

India’s Consumption Loans Cross Rs 105 Lakh Crore in Q1 FY26, Gold Loans Surge 35%

The jump was led by growth in the gold, two-wheeler, and auto loan segments.

Treasury Gains Cushion Weak Credit Growth, Margins for Banks in Q1 FY26: Report

The report attributed the earnings decline in private banks largely to stress in the microfinance and unsecured loan segments, which forced higher provisions.

Defaults Surge in Mudra Scheme as NPA Nearly Doubles Since 2018: FM Nirmala Sitharaman

This was higher than the average MSME NPA rate of 3.60 per cent as of March 2025.

Mudra Loans: Women Entrepreneurs Corner Bulk of Credit in 10 Years; This Much Sanctioned in FY26 So Far

The number of loans to women entrepreneurs peaked at 4.42 crore during FY23.

BharatPe Posts First-Ever Adjusted Pretax Profit of Rs 6 crore in FY25

The company’s EBITDA, excluding ESOP expense, jumped to a positive Rs 141 crore in FY25 from a negative Rs 209 crore in FY24.

Equirus Group gets RBI Nod to Launch NBFC; Targets Rs 3,000 Cr Loan Book

The NBFC will offer Loan Against Securities (LAS), ESOP financing, Market-Linked Debentures (MLDs), structured finance, and other customised secured lending solutions.

India’s $5 Trillion March: BFSI Leaders Chart Next Growth Curve at FE Modern BFSI Summit

The 4th edition of the FE Modern BFSI Summit convened top financial minds to chart the future of a $5 trillion economy. From the RBI Governor’s policy outlook to deep dives on AI, capital flows, and digital banking, the summit unpacked key shifts shaping India's financial and regulatory landscape.

IBA Urges Banks to Begin ISO 20022 Migration by August to Avoid Payment Failures

In a recent letter to MDs and CEOs of all member banks, the IBA flagged concerns over the slow pace of migration in India.

SBI to raise Rs 20,000 crore via issue of bonds to domestic investors

In a regulatory filing, SBI said that its board accorded approval for raising funds in INR by issue of Basel III compliant Additional Tier 1 and Tier 2 Bonds.

Confident of Growing Advances on Par With Industry in FY26: HDFC Bank CEO Sashidhar Jagdishan

Jagdishan said the bank’s deposits grew 2.5 times faster than loans while bringing down the credit-to-deposit ratio and high-cost borrowings.

RBI Warns of Near-Term Stress for Banks Amid Slowing Credit, Likely Margin Pressures

Slowing credit growth, shifting liability dynamics, and pressure on net interest margins (NIMs) due to a changing monetary environment are among key risks, according to the Reserve Bank of India.

India Inc’s Q2 Deal Value Drops 20%, But Volumes Jump 23% -- What’s Behind the Shift?

The decline in deal activity was marked by a drop in the average deal size to $29.1 billion from $43.7 billion.