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RBI's stress test projects a marginal rise in bank bad loans to 2.5% by FY27

Mumbai, June 30 -- The Reserve Bank of India's stress test has predicted that bad loans of the top 46 banks could rise marginally by March 2027, while their capital buffers would remain adequate even ... Read More


HDFC Life banks on broader playbook to keep its lead-but margins remain a worry

Mumbai, June 29 -- HDFC Life Insurance Co. Ltd, India's second-largest private life insurer, is focusing on more partnerships and increased reach to sustain its industry-beating growth amid regulatory... Read More


Unfazed by new players, GIC Re gears up to reclaim market share

Mumbai, June 18 -- Encouraged by promising results in the previous fiscal year, General Insurance Corporation of India (GIC) Re is looking to take the fight to its private-sector and foreign rivals. T... Read More


UGRO Capital to acquire Profectus Capital in a Rs.1,400 crore all-cash deal

Mumbai, June 17 -- UGRO Capital, a data-tech MSME (micro, small and medium enterprises) lending platform, is set to acquire Profectus Capital Pvt. Ltd from UK-based private equity firm Actis' companie... Read More


How the crash impacts Air India, insurers and Boeing

Mumbai, June 12 -- Air India's London-bound flight crashed minutes after taking off from Ahmedabad on Thursday afternoon, causing tragic loss of life. For Air India, the incident will result in signif... Read More


How the crash impacts Air India, insurers and Boeing?

New Delhi, June 12 -- Mumbai: Air India's London-bound flight crashed minutes after taking off from Ahmedabad on Thursday afternoon, causing tragic loss of life. For Air India, the incident will resul... Read More


Mint Explainer: What are RBI's final norms for loans against gold and silver?

New Delhi, June 9 -- On 6 June the Reserve Bank of India released its final guidelines on loans against gold and silver collateral. Based on feedback from the industry and the government's department... Read More


Easier gold loans for small borrowers likely

Mumbai, June 7 -- The Reserve Bank of India (RBI) will ease key provisions in its proposed gold loan framework-raising the loan-to-value (LTV) ratio and exempting small-ticket borrowers from credit ap... Read More


RBI signals easier gold loan rules for small-ticket borrowers in final guidelines

Mumbai, June 6 -- The Reserve Bank of India (RBI) will ease key provisions in its proposed gold loan framework-raising the loan-to-value (LTV) ratio and exempting small-ticket borrowers from credit ap... Read More


Fintechs in talks with RBI for easier provisioning for default loss guarantee-backed loans

Mumbai, June 1 -- Fintech companies and digital lenders are seeking easier provisioning norms for loan pools backed by their guarantees, even as the central bank has flagged inadequate provisioning fo... Read More