Following a highly subdued year of growth, India’s Non-Banking Financial Company-Microfinance Institutions (NBFC-MFIs) are poised for a major structural recovery. According to a comprehensive sector report released…

The National Payments Corporation of India (NPCI) has announced two separate strategic partnerships with HSBC India and J.P. Morgan Payments to introduce real-time foreign exchange (FX) conversion…

Bharti Airtel has officially launched commercial operations for its wholly owned financial arm, Airtel Money Limited, following its registration as a Non-Banking Financial Company (NBFC) by the…

In a major legal victory for the government-appointed board of Infrastructure Leasing & Financial Services (IL&FS), the National Company Law Appellate Tribunal (NCLAT) has revived a critical…

The position of Tata Sons Chairman N Chandrasekaran on the company’s board is up for institutional renewal at the upcoming Annual General Meeting (AGM) scheduled for August…

The Reserve Bank of India’s (RBI) latest Financial Stability Report has flagged a projected rise in stressed assets across Non-Banking Financial Companies (NBFCs) over the next two…

The Reserve Bank of India (RBI) has highlighted a major divergence in the country’s microfinance sector: loan portfolios are finally expanding again, even as the total number…

The BRICS Chamber of Commerce and Industry (BRICS CCI) has appointed Sharmishtha Ghosh as its Executive Director for International Partnerships and Outreach. This newly created leadership role…