Industry: Finance

Rising concerns over continued turmoil in the sector
May 19, 2019, 2:17 p.m.

Ever since demonetization, India’s count of cash dispensers has been on a steady decline. While there is no doubt that digital transactions are the future, this reduction is premature.
May 16, 2019, midnight

The fallout from IL&FS Group’s defaults continue to make it more difficult and costlier for this sector, particularly weaker players, to access funding.
May 9, 2019, 5:56 a.m.

Singed by the drastic ratings downgrades, non-banking finance companies (NBFCs), under the aegis of the Finance Industry Development Council (FIDC), are planning to approach the regulators to rein in credit rating agencies so that all of them are not tarred with the same brush.
May 8, 2019, 4:53 p.m.

Our Bureau Rating agency ICRA said on Wednesday it expects financial creditors to realise more than ₹80,000 crore in FY20 from the IBC process, against the ₹66,000 crore realised in FY19.
May 8, 2019, 4:49 p.m.

Is this a period of transition for the NBFCs? Investec's Nidhesh Jain explains the rationale behind his report.
May 7, 2019, midnight

The number of daily average transactions on the Unified Payments Interface of NPCI has seen an increase of 312.69 per cent from April 2018 to April 2019.
May 1, 2019, 3:30 p.m.

Veteran banker Uday Kotak, on Tuesday, said the turbulence in the financial sector could eventually impact the real economy as well.
April 30, 2019, 3:30 p.m.

Data released by the Reserve Bank of India earlier this week highlights the complaints from consumers in the digital transaction and card payment space.
April 29, 2019, midnight

Should retail investors be worried about the 1.3 lakh crore of NBFC debt held by mutual funds maturing in the June quarter?
April 27, 2019, midnight